Management Liability Insurance
Peace of mind for your managers.
Directors Group Accident
Share the love with your directors.

What Is Management Liability Insurance?

A Management Liability insurance policy ensures that directors, officers and managers are protected if held personally liable in the event of a wrongful act involving the management of your Dental Practice. The policy includes:

Directors & Officers Liability


Company Reimbursement

Company Liability

Employment Practice Liability

Management Liability Insurance

Because we’re specialists in Dental environments, we understand the risks modern Dental Practices face.

A simple act, error or omission can be enough to spark a claim against you or your practice. Traditionally Directors’ & Officers’ policies have been written only to protect the personal interests and assets of individual directors and officers however the Dentist Plus Management Liability Policy offers a much broader cover and is ideal for small to medium sized private companies.

It is not just Directors of large public companies who risk losing their business or personal assets for breaches of their professional duties.

Who is a Director and who is an Officer?

A Director is a person who is elected or appointed to the Board of Directors and has the responsibility for determining company policy. It is quite common for a Director to be a shareholder or employee of the company, although it is not necessary for a Director to be either. Director’s activities are regulated by ASIC under the The Corporates Act 2001.

An Officer is a partner in a partnership or a person who makes, or participates in, decision making that can substantially impact the organisation or financial standing of the entity. Examples might a CEO or Finance Officer or a Practice Manager.


0 +
Number of sections in the Corporations Act where a fine/penalty can be imposed on a Company or Director personally.
0 %
Of employers lose employment related disputes.
0 %
Of Australian companies will face some type of internal fraud or theft.
What are the risks?

What are the risks?

  • Employees

    Alleging discrimination, harassment, wrongful dismissal or discipline, breach of employment contract, defamation and committing internal fraud (Fidelity).

  • Government Authorities & Legislation

    Directors and Officers may be personally liable for breaches of hundreds of statutes (eg. ATO, ASIC, Trade Practices Commission).

  • Competitors

    Claims brought against a Director for misleading & deceptive conduct (see Trade Practices Act).

  • Creditors

    Allegations a Director allowed the company to trade whilst knowing it could not pay its debts.

    • Policy Overview

      Policy Overview

      A Dentist Plus Management Liability Policy covers your Dental Practice, Directors & Officers of the Company and Employees for:

    • Directors and Officers Liability
    • Company Reimbursement
    • Company Liability
    • Employment Practice Liability
    • Trustee Liability
    • Fidelity
    • Business Crisis Consultant Fees
    • 2 Hours of Legal Advice

    • Optional

    • Company Pecuniary Penalties
      • It won't happen to me...will it?

        It won't happen to me...will it?

        He said, she said

        An employee of a medium-sized IT company claimed that she was subjected to sexual harassment by fellow employees. She sought an apology from the employees who committed the alleged harassment as well as compensation for loss of earning capacity and reputation, emotional distress, depression, medical expenses and legal costs.
        The parties were unable to settle the matter and a formal complaint was lodged with the Victorian Equal Opportunity and Human Rights Commission (VEOHRC). The VEOHRC rejected the claim as the alleged incident occurred more than 12 months prior to the complaint being lodged and also determined that there was insufficient information to support the sexual harassment claim.
        The insured and the claimant were able to reach an agreement at conciliation and the employee was awarded $28,000 in damages, which was paid by the insurer under the policy.

        Missing Money?
        The insured company discovered a discrepancy in their finances. Investigations were completed by external auditors and it was found that the insured’s chief financial officer was involved in the misappropriation of the funds.

          5 Ways to Protect Your Practice

          5 Ways to Protect Your Practice

        • 1. Ensure that staff and management are aware of their OH&S obligations via regular training sessions.
        • 2. Conduct regular OH7S audits.
        • 3. Don't be complacent when it comes to internal money management. Ensure that your business operates on a dual control system ie. two signatures must be used for the movement of money.
        • 4. Conduct policy checks on incoming / new employees. Statistics prove that staff that are caught defrauding you have likely done the same to a previous employer.
        • 5. Invest in the advice on a good HR lawyer before you dismiss an employee; this advice could save you thousands down the track.

          Have more questions? Call us on 1800 177 163

          • The information provided here is general advice only and has been prepared without taking into account your objectives, financial situation or needs. Please refer to the Product Disclosure Statement for specific information regarding the insurance cover.

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