Learn more about Business Insurance Add-Ons

Cyber Insurance

In today’s digital age, cyber-attacks have become increasingly common. Cyber insurance provides coverage for losses resulting from cyber-attacks, such as data breaches, cyber extortion, and business interruption due to cyber incidents. This type of insurance can also provide assistance with managing the fallout of a cyber-attack, including the cost of public relations and legal advice.

Directors and Officers Liability Insurance

Directors and officers liability insurance (D&O) protects the personal assets of company directors and officers in the event of legal action being taken against them. This type of insurance provides coverage for legal expenses, settlements, and judgments resulting from alleged wrongful acts, such as breach of fiduciary duty, negligence, and financial mismanagement.

Professional Indemnity Insurance

Professional indemnity insurance (PI) is a type of insurance that protects businesses that provide professional services, such as architects, accountants, and consultants, against claims of negligence, errors, or omissions made in the course of their work. PI insurance covers the cost of legal defence and any damages awarded to the claimant.

Key Person Insurance

Key person insurance provides financial protection to businesses in the event of the death or serious illness of a key employee. This type of insurance provides a payout that can be used to offset the costs of hiring and training a replacement or covering lost revenue.

Business Interruption Insurance

Business interruption insurance (BI) provides coverage for losses resulting from events that cause a business to close temporarily, such as a fire, flood, or other natural disaster. BI insurance covers the costs of lost revenue, ongoing expenses, and the cost of getting the business back up and running.

Terrorism Insurance

Terrorism insurance provides coverage for losses resulting from acts of terrorism. This type of insurance is particularly relevant for businesses that operate in high-risk areas or industries, such as transportation or finance.