Professional Insurance

Professional Liability

As a professional, you have a lot of experience, and sometimes you can’t completely avoid some major risks in your work. This may expose you to lawsuits for breach of duty alleging negligent conduct, misrepresentation, or poor service.

The role of professional liability insurance

Reduce the impact of litigation costs on business cash flow
Avoid threats to the company’s survival after compensation
Reduce losses caused by unreasonable litigation

Who is it for?

Architects, engineers, project managers, pharmacists, lawyers, accountants, hair stylists, Western medicine, Chinese medicine, educational psychologists, consultants, travel agents, information technology, multimedia media, human resources and other professionals

Coverage highlights:

Breach of duty, negligence, error, omission or misleading statement, breach of confidentiality
Personal injury, mental damage/property damage caused by breach of duty
Infringement of Intellectual Property Rights
Defamation – Literal or Verbal slander
Employee Fraud / Dishonest Conduct
Defense costs
Data protection
Loss of files

Professional Insurance

Director & Officers Liability

Administrators, managers and directors of any company, regardless of its size or activities, carry significant responsibilities in relation to the way they conduct themselves and justify the trust placed in them. This may result in claims against them for actual or alleged breach of duty, neglect, misstatements, errors and omissions.

Coverage highlights:

Defense costs, legal representation expenses, damages, judgements, settlements, bail bond costs, crisis costs, deprivation of asset costs, prosecution costs, public relations expenses
Costs arising from extradition proceedings
Tax contributions where the parent company has become insolvent and there’s personal liability of an insured
Losses incurred against Insured Person for civil fines and penalties

Professional Insurance

Product Liability

Product Liability Insurance protects the liability of the product manufacturer, seller, repairer, etc. for possible property loss and personal injury to users and anyone else. It can provide flexible solutions and are able to tailor the product and coverage to your specific needs to fulfill your contractual requirement.

Coverage highlights:

Cover third party personal or bodily injury or property damage caused by the product (including the packing, warning or instruction) during the period of insurance
Cover legal representation or investigation expenses
Worldwide jurisdiction and limit
Run-off cover for the insured entity that has been merged, acquired or otherwise ceased to exist or operate during the period of insurance
Flexible policy arrangement which you may choose to arrange policy for:

- Total company’s sales
- Designated markets
- Designated buyers