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New management liability cover from Zurich

  • by The Quotesonline Team

Zurich Australia General Insurance has launched a comprehensive Management Liability insurance cover product. It has been developed to incorporate many market-leading covers, enhancements and advantages for private companies, unlisted companies, non-profit associations and charitable organisations.
Zurich’s Management Liability cover has been focused primarily on the small to medium sized sector. Zurich wording delivers six key coverages to qualified customers through a modular offering; with three core cover sections and flexibility to add further cover sections for additional protection.
“There is considerable qualitative research that indicates many organisations feel they are facing potential liability issues, “ says Zurich’s National Underwriting Manager for Financial Lines Susan Elias. “Zurich has worked closely with brokers and customers with the development of this policy and we have included the critical definitions and covers they requested.”
Elias added that Zurich had also broadened its definitions, deleted or provided writeback coverage within some exclusions and incorporated the insurer‘s most popular enhancements – once available only by endorsement – into the policy, making it simpler for brokers and their customers.
“The wording provides market leading coverage that incorporates many important covers, enhancements and advantages for customers,” said Elias.

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