The Criminal Finances Act 2017
I had my attention drawn to this new piece of legislation which is now in force and which adds to the already broad range of possible legislation that may lead to claims under a Management Liability policy. All companies should be aware of the strict liability applying under this law and ensure that they have taken appropriate steps to carry out risk assessments.
Ultimately, make sure that your management liability insurance provides cover for the corporate body as well as its directors personal liability.
Speak to me if you wish to discuss how this can help protect your business.