Liabilities

Indemnifies the transporter against their legal liability for property in their care, custody and control.

Policy Enhancements & Benefits

• 96-hour storage cover whilst in transit, Debris removal, 6-hour machinery break down excess, Salvage recovery, Cover of tarpaulins, nets, ropes chains, Legal costs and expenses, Fire brigade charges, Shipping container cover, Second hand / reconditioned goods, Fidelity Guarantee cover for drivers or employees, Loading and unloading if carrier is contracted to do so
• Short-period cover available

This Cyber Risks / eRisks insurance has been designed to address the new and unusual threats faced by organisations operating in a high-tech world.

Policy Enhancements & Benefits

• The SME Proposal Form is concise and user-friendly and applies to companies with a revenue of less than R500m.
• Companies with a revenue greater than R500m and companies requiring Tech PI must complete the full Proposal Form.
• The cover provided by the policy is found in 7 insuring agreements and the client can select any combination of these.
• Insuring Agreements 1 & 2 are for Tech PI (Professional Indemnity) and apply to IT companies only (Insuring Agreements 3,4,5,6,7 may be added).
• All other companies may only select from Insuring Agreements 3,4,5,6,7.

Insuring Agreements

1. (Technology) Professional Services (Tech PI only)
2. Multimedia Liability (With Tech PI only)
3. (Network) Security & Privacy Liability
4. Data Recovery & Loss of Business Income
5. Privacy Regulatory Defence & Penalties
6. Crisis Management Costs, Customer Notification Expenses, and Customer Support and Credit Monitoring Expenses
7. Data Extortion

D&O Liability Insurance provides protection for the directors and officers of a company in the event of legal proceedings pertaining to the failure to perform duties as they relate to the company.

Policy Enhancements & Benefits

• Our D&O includes Cyber Liability as well as numerous optional extensions
• Cover is up to R500m
• Automatic extensions include: Corporate Manslaughter, Emergency costs, Fines and Penalties Extension, General Counsel Liability, Outside Directorships, Protection for Non-Executive Directors, Public & investor Relations expenses, Reasonable Costs and Expenses, Reputation Protection Expenses, Tax, COID and UIF Extension, Bail bond cover, Defamation, Investigation & enquiry costs, New  subsidiaries, Prosecution costs, Retired directors, Estates, heirs, legal representatives

D&O Liability Insurance provides protection for the directors and officers of a company in the event of legal proceedings pertaining to the failure to perform duties as they relate to the company.

Policy Enhancements & Benefits

• Our D&O includes Cyber Liability
• Designed for a quick application and insurance cover with set limits an d nominal premiums attaching thereto, making it an affordable cover for any SME
• Automatic extensions include: Corporate Manslaughter, Emergency costs, Fines and Penalties Extension, General Counsel Liability, Outside Directorships, Protection for Non-Executive Directors, Public Relations Consultants, Reasonable Costs and Expenses, Reputation Protection Expenses, Tax, COID and UIF Extension

Fully covers costs incurred during clean-up and rehabilitation in the event of an environmental spill.

It is a legal requirement to have this cover in force.

Storage of fuels, chemicals and other potential pollutants presents a unique set of environmental contamination risks.

These can lead to financial penalties and legal action for operators and business owners. Claims of this nature can easily exceed R1m for average-sized site and may take years to complete. Owner/operator will be held liable for clean-up and rehabilitation costs. Government may fine up to R10m and/or 10 years in jail for non-compliance following an incident.

Full disclosure of underwriter and insurer is noted in documents below.

Policy Enhancements & Benefits

• Dedicated call centre for claims management
• Dedicated environmental team for compliance reporting compliance
• Environmental surveys conducted, at Underwriter’s discretion and at no cost to the client
• Customised underwriting and risk management solutions
• Compliance assist benefits, this includes training and spill kits

Fully covers costs incurred during clean-up and rehabilitation in the event of an environmental spill.

It is a legal requirement to have this cover in force.

Potential pollutants can include items as diverse as food products, paint and detergents.

Transport of fuels, chemicals and other potential pollutants presents a unique set of environmental contamination risks.

These can lead to financial penalties and legal action for operators and business owners of the vehicles transporting dangerous goods and potential pollutants. Transport claims can easily exceed R1m for average-sized spillage and may take years to complete and obtain departmental sign off and closure. Owner/operator will be held liable for clean-up and rehabilitation costs. Government may fine up to R10m and/or 10 years in jail for non-compliance following an incident.

Full disclosure of underwriter and insurer is noted in documents below.

Policy Enhancements & Benefits

• Dedicated call centre for claims management
• Dedicated environmental team for compliance reporting compliance
• Environmental surveys conducted, at Underwriter’s discretion and at no cost to the client
• Customised underwriting and risk management solutions
• Compliance assist benefits, this includes training and spill kits

This is a top-up policy designed to provide additional liability cover, over and above the underlying limit of indemnity.

Policy Enhancements & Benefits

• Offers top-up catastrophic cover with limits of R100m and negates the need for additional treaties
• Covers all types of vehicles for a nominal monthly cost per vehicle

Indemnifies transport brokers against losses incurred by their nominated transport subcontractors in the event the subcontractor’s premiums are unpaid.

Policy Enhancements & Benefits

• Automatic extensions include: Salvage and recovery costs, Tarpaulins, nets, ropes, chains, Legal defence cover, Debris removal cover, Fire brigade services, Cost of protecting the load in the event of an accident, Unloading damaged vehicle and reloading substitute vehicle, Fidelity Guarantee cover for drivers and employees

Passenger Liability Insurance protects a business in instances where it may become liable in terms of the law for the injury, death, or secondary emotional shock, of passengers while embarking, disembarking, or on board the vehicle. Cover extends to cross-border territories South of the Sahara, as well as legal defence costs.

Policy Enhancements & Benefits

• Claims occurring, Personal Accident, Catastrophic covers of up to R200m including cross-border exposures
• Automatic extensions include: Wrongful Arrest & Defamation, Products Liability & Defective Workmanship, Employers Liability, Directors & Officers Liability
• Short-period cover available

An Excess Waiver product covering the excess on the insured’s Professional Indemnity Policy.

Policy Enhancements & Benefits

• This is a unique product offering with proven underwriting, making it a sustainable and viable option
• It is the alternative choice to high excesses, especially when considering PI for FSPs and professionals

Professional Indemnity insurance covers legal costs and expenses incurred in the insured’s defence, as well as any damages or costs that may be awarded, if the insured is alleged to have provided inadequate advice, services, or designs that have caused their client’s financial loss.

Policy Enhancements & Benefits

• We offer quotes from qualified insurers, best suited to the profession; hence best cover with worthy extensions

Covers the insured for property damage or personal injury suffered by a third-party where the insured is deemed to be responsible. This could be as a result of the insured’s business activities.

Policy Enhancements & Benefits

• We offer quotes from qualified insurers, best suited to the profession; hence best cover with worthy extensions
• Cover ranges from events to companies providing products and services

Insures the tour operator against its legal liability incurred, as well as vicarious liability incurred as a result of the use of subcontractors. Extensions are numerous but include food and drink poisoning. Cover includes legal costs and expenses.

Policy Enhancements & Benefits

• This is a broad-form Wording, offering extensions such as Cyber, Professional Indemnity, D&O
• It is a bespoke Policy Wording, designed specifically with the needs of a Tour Operator in mind