The insurance policies of choice in the complex and ever evolving arena of business risk are standard insurance policies which include, fire insurance, commercial general insurance and such like liability coverages. Despite this, not all risks easily fit into these Read more…
The business landscape is an ever changing one, and protecting your company’s assets should be high on your list. Whether you’re a small startup or a large corporation, you can’t avoid fire, theft, natural disasters and vandalism causing untold damage Read more…
International trade and logistics are fully dependent on the cargo insurance. It covers goods in transit by various modes of transport – sea, air or ground. Cargo insurance in India has a big role to play for safeguarding business interests Read more…
Summary Recently, a prominent realty firm in Pune fell victim to a sophisticated whale phishing attack, losing Rs. 49 lakh. Fraudsters, posing as the company’s CEO, used fake caller IDs and deceptive messages to manipulate the firm’s CFO into transferring Read more…
Port Blockage – Arising out of the Baltimore Bridge Collapse due to the impact by vessel MV Dali, there is complete shutdown of the port of Baltimore, one of the busiest ports in the United States. All inbound and outbound Read more…
The material damage provison of the LOP says there has to be an indemnifiable loss or damage under the material damage policy for the LOP claim to trigger. “……the Company agrees (subject to the Special Conditions and Exclusions contained herein Read more…
Latency refers to the time gap between the causation of injury from an accident and the consequence or outcome of the same. For instance, traumatic brain injuries (TBI) can cause progressive neurodegeneration and disability or death several weeks or months Read more…
These three insurances PRI, CPI and MRI, have a lot of similarities as well as differences. They are meant to cover situations where there is something wrong with a product that has to be recalled and/or safely disposed of. PRI Read more…
This cover is offered under personal accident policies, where the insured is usually offered 100% of the capital sum insured (CSI) in case he is permanently and totally disabled. The disability should be permanent and beyond any reasonable hope of Read more…
A bridge in Baltimore, US, known as the The Francis Scott Key Bridge collapsed today 26.03.2024, after a ship collided with it. Several vehicles fell off the bridge into the river below raising fears of loss of life and property. Read more…
