Liability Insurance
Liabilities risk insurance is one of the keystones when building up complex insurance program. Our long term experience as well as our financial strength are basic prerequisites to offer high quality cover for both general liability and products liability with sufficient limits and worldwide territory. Moreover we offer unique cover for environmental liability including 2004/35/EC and even specialised products to cover product recall events.
Our updated product provides clients with high quality cover with respect to general liability risks worldwide. Policy covers public liability (incl. operational liability) for property damage or bodily injury of third parties, that the insured is legally liable for and that resulted from insured´s covered activities. Tenants / landlords liability and financial losses are also covered within standard wording as well as personal injury, sudden&accidental ecological losses, employees belongings or cross liability.
Extension for product liability is available for manufacturers and distributors. Bodily injury and property damage resulting from using defected product (defect that creates dangerous conditions for use or consumption) are covered. Product guarantee and damage to defected product itself remain excluded. Completed operations are also covered as long as the defect arise after handover. Professional indemnity and pure financial losses from professional services remain excluded from cover.
Unique insurance product is available for manufacturers / distributors of non-food products (toys, electronics, packages, etc.) to help them manage extra expenses that might arise in case of product recall. Insurance covers wide range of costs incurred to realize potential recall such as announcement costs, transportation costs but even business interuption costs or rehabilitation expenses. Insurance addresses all of the most frequent causes of potential product defect that creates dangerous conditions for use and thus necessity for recall; with optional extension to cover product extortion.
Unique insurance product is available for manufacturers / distributors of food products (food, drinks, dry goods, tobacco, pharmaceuticals) to help them manage extra expenses that might arise in case of product recall. Insurance covers wide range of costs incurred to realize potential recall such as announcement costs, transportation costs but even business interuption costs or rehabilitation expenses. Insurance addresses all of the most frequent causes of potential product defect that creates dangerous conditions for use/consumptions and thus necessity for recall; with optional extension to cover product extortion or negative publicity risk.
EnviroPro – Pollution legal liability
Liabilities risks of Energy sector (chemistry, raffinery, energetic sector, ...)