Management Liability Policy

You may insure your vehicles, employees or the public but how do you protect yourself?

Almost one in five small businesses has suffered from loss as a result of fraud by an employee at some point during their history, get the right protection.

Helping protect you

The AXA Management liability policy, supported by rradar understands first hand the exposure you and your company face and below we are naming just a few.

 

  • Employment claims
  • Employee and Third Party Theft
  • Contract disputes & Debt Recovery
  • Data Protection issues & Regulatory Intervention

What is covered with Management Liabilities?

  • Employment Practices Liability (EPL)

    With an average cost of £20,000, EPL claims can be financially damaging, draining management resources and potentially harming your company’s reputation.

    Protect your company from financial loss arising from employee claims related to a wide range of employment practice violations, such as unfair dismissal, harassment or discrimination, unlawful wage deductions, and more.

  • Directors and Officers (D&O)

    Receive support with claims that affect you, your fellow directors, officers, and even employees, all of whom have unlimited personal liability for decisions and actions made on behalf of the business.

    With over 90 regulators in the UK, you will be supported in the event of any regulatory interventions or prosecution. Receive assistance if a claim is made against you due to a breach of directors’ duties, as well as support in scenarios where your business faces insolvency, and much more.

  • Corporate Legal Liability (CLL)

    When claims are made involving the business, whether as the sole target or jointly with one or more individuals, support is available.

    Claims may relate to data breaches, as companies are legally obliged to protect any held or processed client, employee, or supplier information. Contract disputes can damage relationships, lead to court proceedings, or even threaten the survival of the business. Finally, claims relating to employee and third-party fraud will also be supported.

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    Crime Extension

    Under CLL, you will receive support for employee dishonesty cover, telephone fraud cover, third-party electronic funds transfer cover, and third-party fraud or forgery cover.

    By including the Crime Extension, you gain extended protection for the following: robbery of property, money, or securities; securities fraud; corporate card fraud; counterfeit currency; reconstitution costs; and more.

 

 

rradar services

As AXA’s legal services partner for MLP, rradar provide policyholders with proactive advice, crisis management, claims support and all the tech and expertise needed to help navigate business challenges, issues and risks

Specialising in business crime regulation, HR and employment, Intellectual property, Commercial Disputes, Insurance and much more

  1. Online Knowledge Hub: Providing FREE downloadable legal, business and risk templates, checklists and guidance documents
  2. Business Risk Analysis: Tools that will highlight potential risks associated with your organisation. Showing you key exposures
  3. Legal and regulatory updates: 90+ Regulators in the UK, rradar help you keep up to date with all the important points
  4. Legal advice provided from Monday to Friday 8am to 6pm to support you with queries or to raise anything you deem may be a future incident
  5. On call specialist solicitors available 24/7 365 days a year to support you in extreme circumstances such as regulatory intervention
  6. Saving you money! Engaging with rradar and following their guidance and support may lead to AXA waiving or reducing the excess.

Why choose us?

  • 120 insurers

    We liaise with our panel of 120 insurers to find you the policy tailored to your business’ unique needs.

  • Competitive pricing

    Competitive pricing to lower the cost of your premium, and extra measures available to protect your earning power should you need to make a claim.

  • More than insurance

    Combine with our other services such as telematics and get more from your fleet.