Animal attacks can take various forms: 👉In one factory, rodents chewed through the wires causing short-circuiting and breakdown of an electric motor. 👉A troop of monkeys entered a factory and caused damage to the stocks lying in the warehouse. 👉A Read more…
Liability Insurance – In respect of claims made liability insurances such as Directors & Officers (D&O) or Professional Indemnity (PI) there will be provisions concerning related claims or circumstances. Explore the claims in liability insurance, delving into provisions that aggregate Read more…
In a recent report by The Economic Times, it was revealed that a staggering 27% of the cases pending in consumer courts in 2022 were related to the insurance sector. On one side of the spectrum, insurers find themselves grappling Read more…
In a product manufacturing company, liability insurance plays a major role. The shipyard is also a part of such manufacturing company. If a client buys a ship, it is the duty of the shipyard company to provide the necessary insurance Read more…
The property and construction industry is well-known for its inherent risks and uncertainties. This sector faces various challenges, including natural disasters, accidents, legal disputes, and project delays. To safeguard their businesses and assets, professionals in this industry rely on insurance Read more…
Liability insurance plays a vital role in managing risks for businesses of all sizes. In today’s unpredictable world, where unforeseen circumstances can significantly impact a company’s financial well-being, liability insurance acts as a protective shield. This article delves into the Read more…
The transportation and logistics industry is an indispensable component of the worldwide economy, enabling the transfer of goods across extensive distances and linking global markets. Despite its significance, this sector is intricate and confronted with diverse perils that can impair Read more…
In the realm of innovation, competition and consumer demand, manufacturers dealing with products face potential hazards, one of which is product liability claims. To avoid any financial or reputational repercussions caused by such claims, manufacturers rely on product liability insurance Read more…
The ongoing Israel-Hamas conflict has sent shockwaves worldwide, not only due to its geopolitical implications but also because of the unforeseen consequences it brings to various industries. This comprehensive blog post delves into the less-discussed impact of the conflict on Read more…
Cyber is an ever evolving and exciting field of insurance. The cyber insurance product initially came into existence as an indemnity product, passive in nature, paying out losses after they happened like other insurances. Then there was a realization that Read more…
