Liability

Liability – Protection Against Legal and Financial Risks

In virtually every commercial activity, obligations arise between parties. These can stem from contracts (contractual liability) or from unlawful acts (statutory liability). When a party fails to fulfill its obligations or causes damage, it may be held liable for compensation.

For businesses, the consequences can be significant—from bodily injury and property damage to complex financial loss claims. In the maritime and logistics sectors, these claims often involve high values, international jurisdictions, and complex chains of liability.

A solid insurance structure is essential to manage these risks effectively. Key coverages include:

Business Liability Insurance (BLI)
Covers bodily injury, property damage, and resulting financial losses caused by your business activities or employees.
Professional Liability Insurance (E&O / Errors & Omissions)
Provides protection against pure financial loss resulting from professional errors, negligence, or incorrect advice.
Directors & Officers Liability Insurance (D&O)
Covers the personal liability of directors and supervisors for decisions, actions, or omissions in the performance of their duties.

Our Approach
We start with a detailed risk assessment and an analysis of your contractual obligations, general terms and conditions, and operational processes. Our approach considers not only legal requirements but also the specific liability risks in your industry, including international conventions, logistics chain agreements, and maritime liability regimes.

With tailored liability insurance solutions, we help you safeguard your company’s financial position, reputation, and operational continuity in a complex and ever-changing business environment.

Business Liability

Business Liability Insurance is designed to safeguard your company’s financial position against claims for compensation arising from damages. This coverage protects your business if you, your employees, or your products cause damage or injury to third parties.

Key Coverage Includes:

Third-party liability – protection against claims for bodily injury or property damage caused by your company’s operations.

Employee-related liability – coverage for damages caused by your employees while performing their duties.

Product liability – protection against claims arising from defective or faulty products supplied by your business.

Personal liability of the business owner – coverage for damages caused directly by you in the course of business activities.

This insurance ensures that your company can continue to operate securely, without the risk of bearing substantial financial losses due to unforeseen liability claims. In addition to covering the actual damages, many policies also cover legal costs associated with defending such claims, providing comprehensive protection for your business and its stakeholders.

Secure your company’s financial stability and reputation with Business Liability Insurance – a crucial safeguard for any business operating in today’s complex and risk-prone commercial environment.

Professional Liability

Professional Liability Insurance provides coverage if your company is legally liable for financial losses suffered by third parties due to professional errors, mistakes, or negligence by your business or employees.

Key Coverage Includes:

Errors and omissions – protection against claims arising from mistakes or oversights in the professional services you provide.

Employee-related professional liability – coverage for professional errors committed by your staff during the course of their work.

Financial loss of third parties – safeguards against claims for economic damages resulting from your professional activities.

This insurance is essential for businesses offering professional advice, services, or expertise, ensuring that your company’s assets, reputation, and financial stability are protected against the consequences of professional mistakes.

Secure your business with Professional Liability Insurance – minimizing the financial and operational impact of professional errors and providing peace of mind for both you and your clients.

Directors & Officers (D&O) Liability

Directors & Officers Liability Insurance provides coverage for the personal liability of company directors, supervisors, or board members arising from alleged or actual errors in the performance of their managerial duties.

Key Coverage Includes:

Legal defense costs – coverage for expenses related to defending against claims of wrongful acts.

Personal liability protection – safeguards directors and officers against financial losses resulting from alleged breaches of duty, errors, or omissions.

Claims by stakeholders – protection against claims made by shareholders, employees, clients, or regulatory authorities.

Civil and regulatory actions – coverage extends to claims arising from regulatory investigations or civil proceedings.

This insurance ensures that company leadership can perform their duties with confidence, without the fear of personal financial exposure due to management decisions or governance errors.

Secure your board and executive team with Directors & Officers Liability Insurance – protecting leadership, reputation, and the long-term stability of your company.

Employers’ Traffic Accident

As an employer, you can be held liable for damages sustained by your employees while traveling for work. Employers’ Traffic Accident Insurance provides coverage for such incidents, ensuring that both your employees and your business are protected.

Key Coverage Includes:

Accidents during work-related travel – protection for employees involved in traffic accidents while performing job duties.

Employer liability – coverage against claims arising from employee injuries on the road.

Medical and financial support – ensures that employees receive compensation for injuries sustained, while protecting your company from financial liability.

This insurance provides peace of mind for employers, ensuring that employees are safeguarded during work-related travel and that the company is protected against potential claims arising from traffic accidents.

Secure your workforce and your business with Employers’ Traffic Accident Insurance – protecting both people and company interests on every journey.

Legal Expenses

Legal Expenses Insurance provides your business with access to professional legal assistance and advice when unexpected disputes arise from your company’s activities or professional services. This coverage ensures that you can address conflicts efficiently without bearing the full financial burden of legal proceedings.

Key Coverage Includes:

Legal advice and representation – access to professional guidance for disputes related to your business operations.

Coverage of legal costs – reimbursement for court fees, lawyer expenses, and costs for independent experts.

Protection against operational risks – helps safeguard your company’s financial position and reputation during legal conflicts.

With Legal Expenses Insurance, your business can navigate disputes confidently, ensuring that legal challenges do not disrupt your operations or threaten your financial stability.

Secure your business with Legal Expenses Insurance – providing expert support and financial protection whenever legal issues arise.

Liability

Liability – Protection Against Legal and Financial Risks

In virtually every commercial activity, obligations arise between parties. These can stem from contracts (contractual liability) or from unlawful acts (statutory liability). When a party fails to fulfill its obligations or causes damage, it may be held liable for compensation.

For businesses, the consequences can be significant—from bodily injury and property damage to complex financial loss claims. In the maritime and logistics sectors, these claims often involve high values, international jurisdictions, and complex chains of liability.

A solid insurance structure is essential to manage these risks effectively. Key coverages include:

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Business Liability Insurance (BLI) Covers bodily injury, property damage, and resulting financial losses caused by your business activities or employees.

Professional Liability Insurance (E&O / Errors & Omissions) Provides protection against pure financial loss resulting from professional errors, negligence, or incorrect advice.

Directors & Officers Liability Insurance (D&O) Covers the personal liability of directors and supervisors for decisions, actions, or omissions in the performance of their duties.

With tailored liability insurance solutions, we help you safeguard your company’s financial position, reputation, and operational continuity in a complex and ever-changing business environment.

Get in Touch

Business Liability Insurance (BLI)
Covers bodily injury, property damage, and resulting financial losses caused by your business activities or employees.

Professional Liability Insurance (E&O / Errors & Omissions)
Provides protection against pure financial loss resulting from professional errors, negligence, or incorrect advice.

Directors & Officers Liability Insurance (D&O)
Covers the personal liability of directors and supervisors for decisions, actions, or omissions in the performance of their duties.