When it comes to the protection of companies against their insurable exposures, in addition to those with which their directors and officers are faced, management liability insurance will be paramount for a broad range of organisations.
When it came to awarding gold for management liability coverage in the annual Insurance Business
Brokers on Underwriting Agencies survey, the brokers’ choice was clear, with DUAL Australia easily finishing first, once again.
One survey respondent nominated DUAL’s management liability offering top product because of “excellent claims and underwriting service”. Another commented on the agency’s “helpful” underwriters, and the ease of transacting for coverage on DUAL’s online platform, and a third broker mentioned “competitive prices”.
Solution Underwriting adds to its medal tally with a silver for management liability. One broker commended Solution’s management liability offering because of its team’s “effective response to quotations”, as well as the “reasonable premium”, adding that its “terms provided for difficult/ different client circumstances that do not fit into the ‘slot’ of most of our general insurers”.
Rounding out the top three is ProRisk
, meaning the medallist podium is identical to that seen for management liability in 2015.
One broker nominated ProRisk
’s management liability offering as top product, telling Insurance Business
of the coverage’s “good wording” and “competitive pricing”.
Another broker referred to the “dedication and service” of one particular ProRisk
underwriter, whose service, according to the broker, is simply “the best”.
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