Private Motor Insurance

This provides coverage to your personal vehicle and passenger which is solely used for private purposes, excluding for hire and racing.

Commercial Motor Insurance

Provides coverage for vehicles used by businesses for commercial purposes including trucks, vans, ambulances, rental vehicles, etc.

Third Party Insurance

This is mandatory by law and covers you against loss, damage or any third-party damage or injury claims to other people, their property and vehicle. It does not cover fixing damage to your vehicle.

Comprehensive

Covers against own damage or injuries to other people, property and vehicles, which may be caused by your vehicle including passengers travelling with you should an accident or incident occur.

Building

This covers the cost to repair or rebuild your home and any attached structures due to an insured event including fire, specified perils which can be extended to cover subsidence and landslip.

Contents

This assists in repairing or replacing items that have been damaged or lost due to an insured event. A list of the items and costs should be submitted. Items not specified are limited to a flat amount by insurers.

Perils Covered for Building and Contents

List of some of these perils covered are:

• Fire, Lightning, explosion
• Hurricane, Cyclone, Tornado
• Earthquake or volcanic Eruption
• Burglary, Theft
• Bursting or Overflow of water tanks or pipes
• Riot and Strike
• Flood
• Contents
• Malicious Damage
• Windstorm and/or Rainstorm

Fire & Special Perils

Protects your fixed assets such as buildings, contents, equipment and inventory against physical loss or damage that may result from fire, lighting, natural disasters, bushfires, and other Catastrophe or Non-Catastrophe perils.

Business Interruption

This insurance covers your loss of income, operating expenses such as rent and payroll during periods when your business cannot be conducted as usual due to an unexpected event. This coverage aims to put the business back to its normal trading position as it was before the event occurred.

Erection & Contractors All Risks

Protects construction projects from perils during the construction phase, any installation of machinery, plant and steel structures including physical damage to the project (example works, equipment and machinery) arising from a loss.

General Liability

This covers your business from claims of liability for property damage, bodily injury, personal and advertising injury caused by your services, employees or business operations including legal defense costs.

Products Liability

Your business may be held legally responsible for any injuries to people or damage to property caused by a faulty product. This policy covers the cost of compensating people for damage, injuries, or unforeseeable circumstances caused by faulty products that your business designs, manufactures or supplies.

Cyber Liability

Covers your business/organization against losses that it may suffer due to cyberattack, such as lost income due to cyber event, cost for recovering compromised data, cost for repairing damaged computer systems and more.

Directors and Officers

Coverage protects a company and its management from claims that may arise from their decision and actions taken as part of their duties.

Errors and Omissions

Also known as Professional Liability Insurance covers claims against professionals and businesses by its clients for negligence, mistake, faulty advice, or malpractice.

Professional Indemnity

Covers the legal costs of compensating professionals and businesses against claims of negligence, errors, or omissions in their advice, services, or designs.

Hull

Offers coverage against physical loss or damage to the ship or vessel which can include its machinery and equipment. This cover is key for owners of vessels which can include protection against fire, weather related perils, piracy, riot and strikes.

Cargo

Provides cover for loss or damage to cargo during transit by sea, road or air, against losses caused by theft, damage, or other perils. Coverage can range from “All Risks” to more limited or specific perils.

Liability insurance

Also known as Protection & Indemnity (P&I), liability insurance provides coverage for the shipowner’s legal liabilities arising from the operation of the ship, such as damage to cargo (not covered under cargo insurance), injury, or death of crew members or passengers, and environmental pollution.