Insurance Types
Professional Indemnity (PI) Insurance
Directors And Officers Insurance
Crime
PI Insurance is designed to protect businesses or individuals from the liabilities that arise from the errors and omissions in their work.
PI insurance works on a claims made basis, normally with retro-active cover. Legal costs and expenses can be included within the limit of indemnity or set aside. It is also possible to extend the cover to include Directors & Officers Liability.
Who for: Professional Services such as solicitors, accountants, architects and consultancy roles etc.
D&O Insurance is designed to protect company directors & officers from liabilities on a personal level (Side A cover), additionally it also protects the settlement of the insured company in case it pays third party claims of its managers in order to protect them (Side B or company reimbursement cover). Furthermore, listed stock companies can also obtain coverage for claims against the company itself for a wrongful act in connection with the trading of securities. (Side C or Securities Entities cover)
Who for: Small to large business organisations including voluntary associations and management companies.
Designed to protect businesses from criminal exposures such as fraud and employee infidelity. Retroactive cover is also available.