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Management Liability for SMEs

A flexible solution for SME directors, with a wide range of coverages, created to protect you against third party claims that may put their personal assets at risk.

Corporate governance reforms across the world in recent years have added significantly to the responsibilities of directors of companies. The legal landscape senior corporate individuals must navigate is therefore fraught - ensuring that they stay compliant with complex regulation is increasingly challenging.

They understandably look for robust insurance cover to protect them in the execution of their responsibilities, and we have designed a package of insurance to give directors and officers confidence that they have comprehensive protection against claims arising from their actions taken in corporate roles, supported by a range of additional services.

Who is it for?

A wide range of private companies from multiple sectors of activity with an annual turnover of up to 250 million euros can benefit from these covers.

For companies with an annual turnover of more than 250 million euros, please visit here.

The coverage contained on this web page is not intended for financial institutions for which we have designed a separate suite of products specific to their needs.

ur Management Liability insurance is available on our myBeazley platform, which provides brokers with the ability to quote, buy and service a range of specialist insurance products for their clients at the touch of a button.

Our covers

Limits 

Up to 5M€ limit

Protection for directors and officers, including the following coverages:

  • Limit of liability on an any one claim basis (up to £10m)
  • Regulatory and internal investigations
  • Data breach
  • Environmental claims
  • Health and safety claims
  • Insolvency hearings
  • Extradition, permanent residency and repatriation
  • Damage to reputation
  • Freezing of assets and disqualification
  • Full limit mitigation costs cover
  • Flexible retention levels

Protection for the company, including coverage for:

  • Limit of liability on an any one claim basis (up to £10m)
  • Costs of claims and awards incurred by the company
  • Payments made to indemnify individuals
  • Regulatory investigations
  • Employee theft
  • Kidnap response costs
  • Minimum retention of £2,500.

Employment practice liability:

  • Limit of liability on an any one claim basis (up to £5m)
  • Regulatory costs
  • Cyber bullying
  • Immigration assistance
  • Data breach
  • Sensitivity training
  • Joint venture loss
  • Third party claims
  • Standard retention of £5,000

Crime:

  • Limit of liability on an any one claim basis (up to £5m)
  • Forgery and counterfeiting
  • Fund transfer fraud
  • Physical loss of, or damage to, property
  • Extortion
  • Computer malware
  • Corporate identity fraud
  • Contractual penalties
  • Flexible retention levels.

Where is this offered?

Spain, France and Germany