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Management Liability - Benchmark

We are delighted to present to the market the new and improved BENCHMARK Management Liability policy.

After extensive consultation with brokers and their clients the resulting BENCHMARK product delivers a comprehensive and robust solution to the multiple exposures faced by small to medium companies in Australia.

LAUW will consider submissions from a broad industry spectrum.

The application process has been streamlined by utilising a short form proposal form to enable a quick and faultless turnaround of applications. Policy documentation will be issued within 24 hours (working day basis) of the order being given in line with LAUW’s standard operating procedures, subject to no outstanding subjectivities.

Commission of 20% will be payable to all brokers that place Management Liability business with LAUW.

Among the many enhancements are:

 

  • Statutory Liability Extension
  • Nil Deductible for Company Reimbursement
  • Two New Insuring clauses: Entity Cover and Fiduciary Liability
  • EPL Entity to $2m sub-limit

 

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