MLP protection policyManagement Liability Insurance - Protecting you and your business from risk
Our recommeded policy is far further reaching in its protection than typical Directors and Officers Insurance (D&O Insurance). In addition, the level of service is extremely high and the cost has been a pleasant surprise to every client who has put the policy in place. Contact us to find out more and talk to our partner about protecting your business on 01453 800100.
Quick facts
- The UK has 60 national regulators with an annual budget in excess of £3 billion
- These regulators employ over 41,000 staff around 12,000 of which are inspectors
- The Corporate Manslaughter Act is now in force affecting every business in the UK
- Health and safety offences carry unlimited fines and the possibility of custodial sentences
- Each year over 200,000 employee claims are brought to tribunal, in 2011 this rose to a backlog of over 490,000 cases
Issues covered
Management Liability is the only policy which provides full regulatory protection for you and your business, including crisis management assistance, plus protection for;
- Defence costs of health and safety claims (corporate and directors and officers)
- Defence costs and awards of claims arising from pollution
- Defence costs and awards of claims arising from allegations from employees including wrongful dismissal, harassment, discrimination, breach of contract and even failure to employ
- Defence costs and awards of claims by third parties for claims arising from harassment or discrimination by an employee
- Defence costs of pension and employee benefit claims
- Defence costs and awards of claims alleging breach of data protection
- Direct financial loss arising from employee dishonesty
How much does it cost?
For an estimate of costs you will need to contact our insurance partners. Contact us to find out more but rest assured, cover starts at a very modest sum, about the cost of one laptop computer. To speak to one of our expert safety consultants please call 01453 800100.
