With built-in supporting services that help directors, managers, partners and trustees to prevent claims or minimise negative impacts, PrivateEdge is designed to provide flexible, comprehensive protection.
Chartis provides tailored wordings for private companies, hospitality entities, associations and not-for-profits that recognise and address the essential differences in their structures, personnel compositions and methods of operation. The core Management Liability and Corporate Liability modules protect key decision makers and the entity itself and broaden the cover available.
The four supplementary modules, outlined below, broaden the cover available:
Entity Employment Practices Liability
Protection for the entity from claims by past and present employees, or visitors like
customers or suppliers.Superannuation Trustee Liability
Protection for the trustees, employees, the business and the fund itself against claims brought in relation to wrongful acts involving a plan, whether actual or merely
alleged.Crime Protection
Protecting the balance sheet from fraudulent or dishonest activities carried out by employees or outside third parties.Statutory Liability
Protecting both individuals and the entity against fines and pecuniary Penalties.
Limits can be set separately, allowing you to customise cover to suit the way your clients really operate. So, for example, companies with higher turnover or multiple premises might opt to increase their Crime cover, while for longstanding operations higher Superannuation Trustee Liability limits could be more important.
Separate limits ensure that a loss from one module doesn’t dilute or exhaust the limit of another. For example, an occupational health and safety loss under the corporate liability limit has no impact on the limit available to the managers or the entity for employment practices liability cover.
Note: The information and documentation listed on this page only relates to the PrivateEdge product accessed via Sunrise Exchange. For non-Sunrise brokers, please speak to a Chartis underwriter with regard to our product offering.