General Liability Insurance
General Liability Insurance covers bodily injury and property damage caused by the company's operations to external parties for which the company is liable according to the legislation in force, e.g. the Damages Act.
Product Liability Insurance
Product Liability means liability for damage caused by a delivered product and suffered by a person or other property. A company is liable for damage caused by products that it produces or imports. If's Product Liability Insurance covers the company's liability according to the legislation in force both in consumer and B-2-B trade.
Product Recall Insurance
Product Recall insurance covers withdrawal costs of a defect product which is dangerous. Product safety legislation and authorities may impose the withdrawal or other measures to be taken. Liable parties may be the producer, and in some cases the importer or the seller. Liability is based on the Product Liability Act. following EU PL Directive of 1985.
Professional Indemnity Insurance
This insurance covers bodily injury, property damage and financial loss caused to another party in relation to consultancy work performed by technicians, IT Consultants and Engineers for which the Policyholder is liable in accordance with the legislation in force and general contractual terms of consultancy.
Directors' and Officers' Liability Insurance
This insurance covers financial loss caused to a company, shareholder or other person for which a director or officer of the company can be held personally liable in accordance with applicable legislation. This insurance also covers defence costs.
This insurance covers financial loss caused to the insured through employee dishonesty. The insurance can be extended to cover also financial loss caused by the third party and Insured's liability towards a contractual partner.
In each country we can also offer country specific products eg. Statutory Patient Insurance.
Errors and Omissions Insurance
The insurance covers financial loss caused to another party by insured advisory operations that the Insured is liable for according to legislation or the agreement in force. Errors and Omissions Insurance is tailored per line of business or company so that industry-specific contractual practices are taken into consideration.
Environmental Impairment Liability Insurance
Environmental Impairment Liability Insurance covers gradually arising environmental damage for which the Policyholder is liable according to the legislation in force. A prerequisite for granting Environmental Liability Insurance is that the company has performed a sufficiently extensive environmental risk analysis in relation to the nature of its operations.
Environmental Cost Insurance
Environmental cost insurance covers Insured's defecence costs and the costs inflicted by competent authority to restore damage to protected species and natural habitats, water and soil. Liability is based on European Environmental Liability Directive (ELD) passed on in March 2004.