Casualty Insurance

Cyber Liability Insurance provides coverage for financial losses resulting from an alleged or proven breach of personal or corporate information, resulting in a claim against the insured.

Risks Coverage

• Personal / Corporate / Outsourcing Data Liability
• Data Security liability
• Defense Costs
• Data Administrative Investigate
• Data Administrative Fines
• Repair of the individual/ Company’s Reputation
• Notification & Monitoring Costs
• Restoring, Recreating, or recollecting electronic data
• Pro-active Forensic Services Fees
• Media Content Liability
• Cyber Extortion Liability
• Network Interruption Insurance
• Regulatory investigations expenses

Directors & Officers Liability Insurance provides coverage for the Company’s Directors or Officers and protects them from claims which may arise from their wrongful actions.

Wrongful act means

• Error
• Omission
• Misstatement
• Negligence
• Breach of Duty
• Misleading Statement

Risks Coverage

There are 2 main coverage

• Director and Officers Liability
• Company Reimbursement

Employer’s Liability Insurance is a fundamental coverage that assists in paying a business owner’s expenses arising from a lawsuit resulting from an employee’s work-related injury or illness. Employers hold a legal obligation to ensure the health and safety of their employees while they are at work, thus necessitating the need for Employer’s Liability Insurance.

Risks Coverage

This policy offers valuable support to employees who have experienced work-related injuries or illnesses, providing coverage for

• Medical expenses
• Compensation if not able to work during recoverัy
• Lost wages during recovery

Fidelity Guarantee Insurance indemnifies you against any direct financial loss due to act(s) of dishonesty by your employees. Such acts include forgery, embezzlement, larceny, or fraudulent conversion. The coverage is not limited to loss of monies but also loss of real properties and merchandise by employees.

Risks Coverage

The company will offer coverage to employers in the event of any loss or damage due to fraudulent activity, embezzlement, or corruption by employees while performing their job duties.

Product Recall Insurance offers financial protection in the event of a recall of your products due to injury or damage resulting from their intended use or consumption.

Risks Coverage

The Insured shall be entitled to reimbursement for reasonable and necessary expenses and costs incurred in arranging for the return of the product or any of its parts to either the Insured’s premises or the manufacturer’s premises, subject to a limited scope.

1. The cost of newspaper, internet, magazine or any printed advertising, radio and television announcements or commercials, as well as the cost of correspondence necessary to effect the Product Recall.
2. The essential transportation costs directly attributable to the Product Recall.
3. The cost to rent or hire additional warehouse or storage space for the Product Recall.
4. Expenses incurred to properly dispose of the unused packaging and point of purchase marketing material of any product subject to the Product Recall if such packaging or material cannot be used or reused.
5. The cost to destroy or dispose of any products subject to the Product Recall.

• The risks of product recalls have increased over the years due to more stringent global regulatory rules and safety requirements.
• Product Recall insurance is intended to protect companies from financial loss and bankruptcy resulting from product recalls.

Products Liability offers indemnification for legal liability resulting from bodily injury or property damage caused to third parties due to defects in the products or services sold or supplied, as well as other work carried out during a client’s business operations.

Risks Coverage

This policy indemnifies the insured against all sums which the Insured becomes legally liable to pay as damages in respect of:

• All physical injury to any person including death, sickness, disease, or disability.
• Partial or total physical destruction of tangible property.
• Legal costs and expenses incurred with the written consent of the Company in defense of any such claim.

Professional Indemnity Insurance safeguards businesses against financial losses that may arise from professional services or advice provided by the company and deemed negligent.

Professions required to have Professional Indemnity Insurance

• Accountants
• Architects
• Doctors
• Financial Advisors
• Insurance Brokers
• IT Consultants
• Multimedia Firms
• Property Managers
• Technology

Risks Coverage

Claims made by clients or third parties who allege they suffered harm due to mistakes or failures in the professional’s work.

Third Party Liability Insurance provides indemnification for legal liabilities associated with bodily injury or property damage to third parties. This coverage applies in the event of fault or negligence by the insured or any of their employees while engaged in work-related activities or due to any defect, or alleged defect, in their premises that is connected to their business operations.

Risks Coverage

This policy indemnifies the insured against all sums which the Insured becomes legally liable to pay as damages in respect of:

• All physical injury to any person including death, sickness, disease, or disability.
• Partial or total physical destruction of tangible property.
• Legal costs and expenses incurred with the written consent of the Company in defense of any such claim.

Trade Credit Insurance offers credit risk protection against potential payment default by both domestic and international buyers, facilitating secure business expansion with creditworthy buyers while concurrently minimizing the burden of debt collection.

Risked coverage

• Commercial Risk – Protracted Default and Insolvency
• Political Risk – Government Moratorium, Occurrence of War, Revolution