Rogers & Norton News

Management Liability Insurance through Rogers & Norton

Tuesday, September 6, 2016

Rogers & Norton are delighted to have collaborated with Lucas Fettes & Partners, a national, independently owned insurance brokerage and AXA, a world wide leader in insurance, to offer an exclusive Management Liability Policy’ tailored to meet the specific needs and requirements of any UK registered private limited company, charity, club or association excluding those in the legal sector, professional football or rugby clubs or financial services sector.

It’s a fact of commercial life that claims and investigations are becoming increasingly common, even winning a legal case can carry a very high price. Legal costs are just the start – there is also considerable time taken up and potential damage to your reputation.

The policy should not to be confused with Legal Expenses Insurances, which are often sold as an add-on to commercial insurance, the policy also includes:

  • Sole Practitioners’, Partners’, Directors’ and Officers’ Liability – claims brought in connection with the running of a business
  • Employment Practices Liability – with a £nil excess if the advice line is used – as opposed to a typical excess of c. £3,000
  • Company Legal Liability – claims made in connection with the running of a company
  • No “prospect of success” clause, unlike the majority of Legal Expenses policies.

 

The policy has been marketed very successfully and has received overwhelmingly positive feedback. It offers a breadth and depth of cover previously unavailable from this type of policy at a very competitive price, protecting both your organisation and your personal assets. 

Contact Graham Roberts for more information.


 

Useful PDFs…

AXA MLP Summary of Cover Nov 2015

AXA MLP Your Risks insert V3