The Banker’s Indemnity policy is intended for banks and other financial institutions involved in the storage, handling and management of money. The policy is a comprehensive cover providing indemnity for financial loss due to the following risks:

• Dishonest or fraudulent acts by employees
• Loss or damage to property while the property is on the Insured’s premises or in transit
• Forgery or alteration
• Counterfeit currency
• Threats to property and persons
• Loss following action on securities

A bond is a written guarantee by the surety, the Insurer, that he will guarantee the performance of the obligations of the applicant.

Bonds are often required in conjunction with tendering for a contract, the performance of duties as required from land surveyors, notaries, attorney-at-laws.

Crime Insurance offers protection against losses following employee dishonesty including theft, forgery, fraud, embezzlement, computer fraud, counterfeiting and other such criminal acts.

Directors and officers of a company are bound by their duty in their corporate positions. The Directors and Officers Liability insurance provides financial protection for the directors and officers in case they are sued following any breach or non-performance of their duty.

Additional cover is available in respect of wrongful employment practices such as wrongful dismissal, harassment and failure to promote.

Outside directorship of an employee in another company can also be covered. The Companies Act 2001 provides that the Directors and Officers Liability insurance can be effected subject to its constitution and to Board approval.

A Kidnap & Ransom policy reimburses insured losses suffered during a Kidnap, Extortion, Products Extortion, Detention or Hijack.

This policy covers legal liability to third parties arising out of injury or damage caused by a product sold, manufactured, repaired, supplied, altered, treated or installed by the Insured in the course of its business. 

If in the course of your business you have to provide professional advice, designs or services to clients, you may have to pay damages if your client suffers financial loss as a result of your negligence, errors or omission.

The Professional Indemnity insurance will indemnify you if you have to pay such damages. 

Terrorism and Sabotage are usually standard exclusions under Property insurances.  Cover is available in respect of these perils under the specialized Terrorism and Sabotage insurance.

• Livestock
• Event Cancellation
• Extended Warranty

Other insurances can be tailor-made according to your specific risk exposure.