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MANAGEMENT LIABILITY

Many of our clients purchase Management Liability from GB Underwriting as part of a complete portfolio of insurance protections. When personal assets are potentially at risk, and liability can be unlimited, company directors, officers and managers often choose to insure against the claims, lawsuits and investigations that can arise from the decisions they make in the day-to-day running of their companies.

The duties and responsibilities of business managers mean that regulatory bodies, employees, shareholders, creditors, competitors, customers and other third parties may bring an action if they believe individuals have failed to fulfill their managerial responsibilities. This can include fiduciary or statutory duties or simply failing to exercise due care and skill. Our policies can also be extended to cover the Company and Pension Trust liability.

NOW AVAILABLE ONLINE

We are pleased to announce that GB Management Liability is now available to quote and bind online at GB Online (www.gb-online.biz). Find out more or visit GB Online.

LIMITS AVAILABLE

  • Up to £10 million

KEY COVERAGE & EXTENSIONS

  • Wrongful acts of Directors & Officers & Managers
  • Wrongful acts by the Company
  • Pension Trust liability
  • Wrongful acts by Trustees and the Pension Scheme
  • Wrongful employment acts
  • Spousal liability
  • Outside Directors liability
  • Retired Directors and Officers and Trustees runoff cover
  • Legal representation & loss mitigation expenses
  • Health & Safety / Corporate manslaughter cover
  • Pension Ombudsman awards & civil penalties

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Services for UK based businesses only. GB Underwriting Limited is an independent intermediary and authorised and regulated by the Financial Conduct Authority and is entered on the FCA register under reference 304281. Registered Address: 75 Springfield Road, Chelmsford, CM2 6JB All content ©2017 GB Underwriting. Site design by KURTZ