Management Liability. any claim, liability, loss or defence costs caused by or arising from any personal liability incurred by a director or officer of your when: a) acting in that capacity or managing your business; or b) in breach of their fiduciary duty, other than when performing a business activity for a client; or c) making or issuing any statement, representation or information concerning you and the
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Samples: Architects and Engineers Professional Liability Insurance Policy, Information and Communication Professional Liability Insurance Policy, Professional Liability Insurance Policy
Management Liability. any claim, liability, loss or defence costs caused by or arising from any personal liability incurred by a director or officer of your when:the
a) acting in that capacity or managing your the insured's business; or
b) in breach of their fiduciary duty, other than when performing a business activity for a client; or
c) making or issuing any statement, representation or information concerning you the insured and thethe business services contained in any accounts, reports or financial statements.
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