Insurance

A business interruption policy covers lost profit and ongoing costs incurred while operations are halted — by property damage, natural disaster or terrorism. It is always written in addition to a property policy.

A cyber policy protects your business against data breaches and other cyber security risks.

A directors and officers (D&O) policy protects individuals against losses if they are sued over decisions taken while serving on the board or as an officer. It can also cover the company’s legal defence costs and damages arising from allegations of wrongful acts.

A surety bond is a three-party agreement in which the surety guarantees to the beneficiary requiring the bond that the principal will meet its contractual obligations on the agreed terms. The type of bond depends on the specific requirement; most often they are used in construction to guarantee that the contractor delivers the project to specification.

A factoring policy protects banks and factoring companies that purchase their clients’ receivables against commercial and political risk.

An export credit policy covers the risk of non-payment for goods and services you supply to foreign buyers on deferred payment terms. Non-payment may follow buyer insolvency, protracted default, or adverse government action — civil war, currency inconvertibility, nationalisation, terrorism — that makes payment to the supplier impossible.

A voluntary motor insurance contract is written to protect the policyholder’s property interests connected with the risk of loss (destruction) of or damage to the insured vehicle.

Comprehensive cover for the company’s property — from office premises to production equipment and warehouse stock — against a range of risks, including fire, flooding, natural disasters and other unforeseen events.

Cover for the company’s liability to third parties against a range of risks, including harm to their life and health, damage to their property and other unforeseen events arising in the course of the company’s activities.

This policy protects the property interests of companies connected with their duty to compensate third parties for loss caused by erroneous or insufficient actions in the performance of their professional duties.

This policy protects the property interests of the insured connected with paying for medical and other services following a health disorder or a condition requiring medical supervision and treatment, including preventive measures that reduce threats to life or health.