Liability544

  • Public Liability
    The public liability insurance protects the business against its potential legal liability to pay compensation for death of or bodily injury to third parties or loss or damage to third party property arising in connection with the activities of the business.

  • Products Liability
    This is an extension of the Public Liability Policy and provides protection to the business against legal liability to pay compensation for death of or bodily injury to third parties or loss or damage to their property caused by goods sold, supplied, repaired, serviced or tested by the business.

  • Employers Liability
    The cover indemnifies an employer for legal liability to pay compensation as a result of death or injury suffered by an employee during and in the course of employment.

  • Directors & Officers Liability
    Directors and officers of a company are covered against their personal legal liability, including defence costs, incurred following an actual or alleged wrongful act committed whilst acting in such capacity. The policy caters for exposures such as breach of duty, negligence, error, omission, misleading statements and other exposures. Insurance also provides indemnity to the company in respect of any loss where it is required or permitted to indemnify the directors either by law or under the memorandum or articles of association.

  • Professional Indemnity
    The PI policy protects the insured against legal liability to pay damages to third parties as a consequence of errors or omissions committed in the course of the business. The policy will also cover legal costs. Wordings are available for different professions including Accountants and Auditors, Engineers, Architects, Insurance Professionals, Medical professions and others.

    Some areas of exposures that may be addressed by the policy are:

    -    Negligence – breach of duty of care
    -    Intellectual property – unintentionally infringing on others’ copyrights, trademarks etc
    -    Loss of documents / data – clients’ records which could be lost, stolen or damaged.
    -    Libel and slander
    -    Breach of confidentiality