Growth changes the risk
New products, larger contracts, more sites and entry into new markets all bring new liability exposures. Customer contracts increasingly ask suppliers to carry specific liability covers.
Common liability covers
Public liability, product liability, professional indemnity, directors and officers liability and cyber liability each address a different type of claim. The right mix depends on what the business does and who it deals with.
Review regularly
Review limits and wordings when the business changes, not only at renewal, so that cover keeps pace with contractual and operational exposure.
This article provides general information only and is not advice on any specific policy or risk. Insurance is subject to terms, conditions, exclusions and applicable regulations.