Our Solutions

• Trade Credit Insurance for local and international exports

Designed to comprehensively cover risk exposures involved in International Trade

Our Unique Strengths:

• StrongUnderwritingCapacityupto US$ 150 million per risk.
• World-classGlobalInsurersenjoyingstrong S&P ‘AA’ and ‘A+’ financial ratings.
• Customizedcoveragesolutionsforcargoes offering widest protection.
• SeamlessSupplyChainprotection throughout entire leg of multimodal transportation extended to cover storage and distribution risks on comprehensive lines.
• Globalsurvey,claimsandrecoveries handling infrastructure. Our insuring partners have global presence with local experience delivering state of the art services in over 150 countries.
• Web-based IT service portal providing efficient access & policy documentation.
• Verycompetitivepremiumratesbasedon best benchmarked international practices.

• Property All Risks Insurance
• Fire & Allied Perils Insurance
• Business Interruption Insurance
• Electronic Equipment & Computers Insurance
• Money Insurance
• Deterioration of Stocks Insurance
• Exhibition Risks Insurance

• Public Liability Insurance
  • Product Liability Insurance
• Comprehensive General Liability Insurance
  • Completed Operations Liability Insurance
• Environment Impairment Liability Insurance
  • Product Recall Insurance
• Hauliers Legal Liability
• Carriers Legal Liability Insurance
• Warehousemen’s Legal Liability Insurance
  • Container Liability Insurance
• Port Operator’s Legal Liability Insurance
• Directors & Officer’s Liability Insurance
• Clinical Negligence Risks Insurance
• Medical Malpractice Insurance
• Professional Indemnity Insurance
• Extended Warranty Insurance

Projects Insurance comprehensively encompasses:

• Contractor’s All Risks Insurance (CAR),
• Erection All Risks Insurance (EAR),
• Advance Loss of Profits Insurance (ALOP) or Delay in Start-up Insurance (DSU)
• Political & Investments Risks Insurance

The insurance covers wide range of construction related risk exposures covering any damage that occurs during the construction, erection, installation, testing and commissioning process like accidents, natural disasters, damage due to faulty workmanship, faulty materials and faulty design.

The cover incepts form right from site mobilization phase including transportation of project materials, continues during the entire stages of construction or erection and ends when the project is successfully handed over by way of issuance of certificate of completion and take-over (including hot and cold testing phases for erection works). The policy extends to cover liability of the contractor during the Defect’s Liability Period as required per the contract.

Liability exposure to third parties are also covered upto the desired and specified coverage limit which includes legal and defense costs and expenses incurred to protect the interest of the Insured corporate entity(ies).

Cover for any potential loss of profits or losses resulting from project delays including standing charges etc. caused due to an insured event can also be covered under Advance Loss of Profits (ALOP) or Delay in Start-up (DSU) Insurance.

Insurance is also available against political risks exposures involved in projects such as confiscation, nationalization, unfair cancellation, unfair calling of performance bonds, non-payment risks by the principal and a host of such political and investment risk exposures best protecting your organizational interests.

Project insurance policies can be arranged by the Contractor or Project Owner as appropriate and including the operational and financial interest of all parties involved in the project. The policy can also be either a project specific or a blanket arrangement best meeting the requirements of the organization.

Comprehensive insurance solutions covering Commercial & Political Risks involved in export trade, projects and capital investments.

Risk Exposures Covered

• Insolvency
• Protracted Default

• Expropriatory Actions, Confiscation and nationalization
• Government moratorium
• Currency inconvertibility / non-transfer
• Discharge of debt
• War and Political Violence (including Terrorism)
• Natural disasters
• Sovereign payment default
• Wrongful calling of on-demand contract guarantees and bonds

Program enhancements for Equity Investors

• Forced abandonment or forced divesture of foreign investment as a consequence of above risks Export or operating license cancellations by the host government
• Business interruption : loss of projected net profit resulting from an act of expropriation or political violence

Program enhancements for Project Risks

• Non-honoring of an arbitration award
• Non-honoring of a guarantee issued in support of a project
• Wrongful calling of bonds and capital markets bond issues
• Inability to export because of operating license cancellation

Key Product Offerings

In today’s digital era, cyber risks and crimes are on an alarming rise affecting governments, banks, corporates and individuals at large. Cyber Insurance provides a comprehensive coverage against following key exposures:

• Data breach liability – for person and corporate data
• Data breach costs – including notification costs and IT forensic costs
• Network security liability – for hacked or compromised systems including denial of service attacks
• Media liability – for digital publications
• Business interruption – caused by a cyber incident
• Restoration costs for data and programs – resulting from a cyber business interruption event
• Crises communication – to mitigate reputational damage
• Hacker theft cover – based upon theft of funds
• E-payment liability – PCI fines and penalties covered

Cyber Insurance offers an end-to-end risk management solutions covering Loss Prevention Services, Insurance Coverage and Breach Resolution Team and comprehensively protects your organizational interest in today’s cyber world.

• Medical Malpractice Insurance
• Extended Warranty Insurance
• Product Recall Insurance
• Kidnap & Ransom Insurance
• Jewellers Block Insurance
• Fine Arts – Jewellery & Specie Insurance
• IPO Liability Insurance
• Merger & Acquisition Insurance
• Event Insurance
• Weather Risk Insurance
• Crop Insurance
• Bloodstock Insurance
• Livestock Insurance
• Sport & Leisure Insurance

• Aviation (Hull & Machinery) Insurance
• Passenger Legal Liability Insurance
• Loss of License Insurance

• Offshore & Onshore Package Insurance
• Control of Well Insurance
• Insurance of platforms
• Delay in Start-up and Business Interruption Insurance
• Offshore Liability Risks Insurance
• Pollution Risks Insurance
• War, Terrorism and Political Risks Insurance