Management Indemnity

A former employee made an unfair dismissal claim against the software development business they had worked for.

While legal counsel felt they could successfully defend the dismissal, it was decided that a settlement prior to mediation was appropriate. The insurer paid $40,508 to cover the settlement and legal fees.

The provision of the claims examples are for illustrative purposes only and should not be seen as an indication as to how any potential claim will be assessed or accepted. Coverage for claims on the policy will be determined by the insurer, not BizCover for Brokers.

BizCover for Brokers acts as agent of the insurer and not as the agent of you or your client. Any advice provided is general advice only and does not take into account the personal objectives, financial situation or needs of you or your client. Always read the Product Disclosure Statement or Policy Wording (available on our website).