Any business can experience unwelcome surprises that could potentially threaten their financial position leaving their owners and managers exposed to personal liability and the business under threat. Increased regulation has heightened the operating risk for businesses of all sizes, Management Liability insurance is one way they can help protect themselves against ‘Unwelcome Surprises’. Given the potential severity of these types of claims, it's worth considering Management Liability insurance for your clients. Lumley Insurance's Management Liability provides ease and flexibility. It’s simple to quote, easy to access at my.place@Lumley and allows you to package the cover with your clients' other commercial risks, providing them excellent value for money. COVERS AVAILABLE Directors & Officers Liability Protection for any claim alleging a wrongful act, for example misrepresentation, negligence, breach of duty by a Director or Officer. Employment Practices Liability Cover for claims alleging an employment breach such as discrimination, harassment or wrongful dismissal and more. Statutory Liability Provides cover for any formal investigation by a regulatory, government, professional or other authorised institution. Cover includes defence costs and any resulting statutory fine. Company Expenses Provides cover for the Company for the costs incurred in defending third party claims. Extended to provide cover for fidelity losses and tax audit costs. FEATURES AND BENEFITS Greater Flexibility Your clients can select a single aggregate limit; or select individual covers, each with their own dedicated limit. Management Liability is available as a stand-alone policy wording or it can be included as a section of our Commercial Business Package cover. Simple Easy Access Management Liability is now available at my.place@Lumley on Sunrise Exchange to quote, bind and manage the lifecycle of your clients policy. No long and complex proposal forms required. Only a few simple questions need to be answered to obtain cover for your clients. SPECIFIC FEATURES Directors and Officers Wide definition of wrongful act Cover for Directors on a superannuation scheme Outside board cover 84 months retired Director cover Cover for spousal liability Defence costs for pollution (sub-limits apply) Shareholder pollution claims covered with no sub-limit Employment Practices Liability Wide definition of employment practices wrongful act Wide definition of your people Statutory Liability No sub-limits Formal or official investigations by a regulatory, government, professional or other authorised institution; not restricted to OH&S cover Cover includes the defence costs incurred in the investigation Statutory fines covered Pollution cover available Company Expenses Cover for third party claims Extended to cover tax audit costs (sub-limits apply) Extended to cover fidelity losses (sub-limits apply), including; Auditor fees, costs or charges necessary to determine the value of the loss Standalone superannuation funds Social, sporting, welfare clubs that has been formed for the benefit of employees No 'principal intent' trigger required Property belonging to or in the control of the insured. Obtain a quote Visit my.place@Lumley on Sunrise exchange for a quote today Or contact you local Relationship Manager on 1300 LUMLEY. Click here to learn more about my.place@Lumley Brochures Product Profile Broker Overview Client Brochure Wording Update October 2011 PDS Lumley Management Liability Insurance Policy (standalone) Lumley Commercial Insurance Steadfast Commercial Insurance Policy Proposal Form Claim Form

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