Today’s business environment is as unpredictable as the weather. Corporate empires can take years to build but can be brought down in mere minutes. If you want to protect all the hard work you’ve put into establishing and managing your company, you have to make sure that your business is protected against the unexpected.
An alarming number of businesses from all kinds of industries forego one of the most crucial components of an insurance program, management liability insurance. Every year, millions of dollars are spent on claims when the interests of a company’s management and staff come into conflict. Such losses could have been prevented by simply including management liability insurance with the company’s other risk programs.