Management Liability claims explained
You may have seen our recent video featuring Alana Muir and Matthew Houghton discussing the relationship between Cyber and Management Liability claims.
Well, Matthew is back, this time alongside Matthew Harrison, Senior Claims Manager, to look at the different types of claims that fall under the Management Liability umbrella.
Claims tend to sit under one of the three elements of cover – Directors & Officers, Employment Practices Liability and Corporate Legal Liability – and will vary in nature and type depending on which one they relate to. The way they are managed and the time they take to resolve also varies so it’s important for you to be aware of these differences in order to manage your clients expectations effectively.
In this video, the two Matthews explore these types of claims in a bit more detail, explain the benefits of using a panel solicitor if defence is required and also give both a claims and an underwriting perspective on when to notify us if a potential issue arises.
If you’re interested in learning more about Management Liability, the team are hosting a series of 6 webinar training sessions later this month. After the initial introductory session welcoming you to our team and giving you an overview of our proposition, the subsequent sessions are more technical and cover topics such as the state of the market and understanding corporate structures. Find out more and register.
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