A faulty air-conditioning unit caused a fire in our office, damaging equipment and documents. Our fire insurance policy is helping us recover losses, covering replacement costs and renovation expenses. The policy’s “office contents” section covers fixtures, fittings, and contents, giving us peace of mind. We’re working with our insurer to process the claim and restore […]
Tenants Legal Liability: Is Your Business Running in a Rented Premises? Then You Should Know This: What if a fire happens in your commercially rented premises, and you are held responsible by the landlord? The common risk in the workplace is a fire accident, which can occur due to your employee’s negligence or poor maintenance […]
Trade Credit Insurance – Protect Your Business from Bad Debts Trade credit insurance (TCI) is a risk management tool that protects your business against customers’ failure to pay for products or services due to insolvency, defaults, bankruptcy, or political turmoil in countries where the trade partner operates. TCI reimburses companies when their customers are unable […]
Can Employers Be Liable if an Employee Commits Suicide? Recently, I received a call from one of my clients’ HR department, informing me that their employee had committed suicide. The employee’s dependents were blaming the company for putting undue pressure on the employee, which allegedly led to stress and depression, ultimately resulting in his death. […]
Errors & Omission Policy (Professional Indemnity Insurance) Are your data losses covered under an Errors & Omission Policy or Cyber Security Policy? (Two-minute read for #CISOs, #Directors, #CFOs, #CTO, #Cyber Consultants, #Startups) An Errors & Omission policy (Professional Indemnity Insurance) is taken to cover business service lapses where a customer incurs a loss due to […]
Do you know that Cyber Security risk can be covered under a Tech E&O policy? Nowadays, almost all clients require cyber security insurance as part of their contractual requirements with Indian businesses. However, taking a stand-alone cyber policy in India is becoming increasingly difficult and costly due to the recent surge in cyber-attacks. Stricter […]
This is an important policy for organisations particularly startups to manage the setback of losing a critical employee. What is Keyman Insurance Policy? When a company feels that the loss of certain employees can significantly impact its performance, then it purchases a Keyman Business Insurance Policy where: · The policy is proposed by the company · Premium […]
Employee Death, Stressful Work Environment, Legal Cases, Govt Investigation – EPLI In the start of the early 2000’s, working in service sectors like banks, IT and ITES was considered a safe job. People thronged to work in these sectors as they were physically less demanding, today the whole scenario has started changing, with mounting competition […]
D&O = Directors & Officers liability insurance. It shields the personal assets of board members, CEOs, HR directors, and other executives when they’re sued for decisions made in their official capacity. – “Protects Leaders During Restructuring Lawsuits” refers to the specific scenario where a company’s restructuring (e.g., layoffs, re‑orgs) triggers claims such as wrongful termination, age […]
D&O vs. E&O – At a Glance Directors & Officers (D&O) – Shields personal assets of directors, officers, and often the company itself from lawsuits alleging wrongful managerial acts (breach of fiduciary duty, mismanagement, regulatory violations). It helps attract top talent by covering legal costs and settlements tied to board‑level decisions. Errors & Omissions (E&O) – […]