Liability and Speciality
Lines Insurance
We can help your company achieve this objective
At India Insure, we empower corporations to make informed decisions when procuring liability insurance coverage. We understand the importance of comprehensive coverage and its potential impact on judgments. Our submissions have earned accolades from underwriters and reinsurers, facilitating significant deals in various industries.
Navigating the Global Economic Landscape
Liability and Speciality Lines Insurance
The integration of the Indian economy with global trends has led to an increased demand for liability & speciality lines insurance products. Liability Insurance, once confined, has now emerged as a vital aspect for businesses.
At India Insure, our Liability & Speciality Lines vertical operates with a clear objective, to empower corporations to make informed decisions when procuring liability insurance coverage. We understand the importance of comprehensive coverage and its potential impact on judgments. Our submissions have earned accolades from underwriters and reinsurers, facilitating significant deals in various industries.
Protection and Reassurance
Key products handled by the vertical include
Commercial General Liability (CGL) Insurance
Product Liability
Director’s & Officers Liability Insurance (D&O)
Professional Indemnity / E&O insurance
Clinical Trials Liability Insurance
Crime Insurance
Kidnap, Ransom & Extortion Insurance
Public Offerings of Securities Insurance (POSI)
Employment Practices Liability Insurance (EPLI)
Financial Lines
Director’s & Officers Liability Insurance (D&O)
Employment Practices Liability Insurance (EPLI)
Banker’s Blanket Bond
Professional Indemnity and Tech E&O insurance
Cyber Insurance
Crime Insurance
Public Offerings of Securities Insurance (POSI)
Trade Credit & Surety
Mergers & Acquisitions
Project PI Insurance
Casualty Lines
Commercial General Liability (CGL) Insurance
Product Liability & Product Recall
Public Liability Insurance
Clinical Trials Liability Insurance
Kidnap, Ransom & Extortion Insurance
M&A Transaction Risks Insurance
M&A Insurance or Transactional Risk Insurance is designed to protect and help both buyers and sellers to safely close a deal. It has been gaining popularity among deal professionals due to its ability in bridging the gap on potential post-closing value erosion, a key issue in M&A transactions (either of the consideration received by the seller or the business acquired by the buyer). Some of the most popular transactional insurance policies available are Warranties & Indemnities (W&I) insurance, tax indemnity insurance and contingent liability insurance.
Our Classification
W&I
W&I
- Protects M&A parties from financial losses due to breaches in warranties or indemnities in purchase agreements.
- Covers inaccuracies in financial statements, undisclosed liabilities, representation and warranty breaches and more.
Tax Indemnity Insurance
Tax Indemnity Insurance
- Shields parties from potential liabilities arising from historic transactions or change in tax laws.
- Covers tax indemnity obligations, contingent tax liabilities and tax risks related to specific transactions.
Contingent Liability Insurance
Contingent Liability Insurance
- Mitigates risks associated with contingency like litigation, environmental issues, product liabilities and regulatory compliance.
- Offers financial protection from unforeseen liabilities that may impact transaction success.
Key Benefits of
Transaction Risks Insurance
Risk Mitigation
Minimizes financial exposure uncertainties for parties involved.
Enhanced Deal Certainty
Provides reassurance to both parties and facilitates smoother transactions.
Capital Preservation
Protects capital reserves by transferring risks to insurance providers.
Customised Coverage
Enhance flexibility by tailored policies that address transaction risks.
Expertise in Claims
Our expertise in claims handling has further solidified our reputation, resulting in client referrals and continued growth.
With our extensive experience in managing specialized insurance programs and handling some of the largest deals in the IT industry, we guarantee world-class service standards and personalised attention to meet your portfolio’s demands.
Our Service Proposition
- Assist with the identification of exposures
- Advise on Risk retention
- Assist with the selection of appropriate limits of liability
- Coverage Design - Assist with the selection of appropriate coverage
- Peer Benchmarking – share information on the price, and coverage of similar companies
- Information gathering for risk presentation to the underwriters
- Presentation of risk to the market
- Negotiate with insurers for optimum coverage/deductibles and price
- Assist in structuring the policy for price advantage - Layered Vs. Proportional
- Assist in Carrier Evaluation
- Plan Administration Support
- Complete hand-holding in case of a claim
- Assistance in claims documentation through standardization
- Vigorous follow-up for Claims recovery
FAQ
Liability & Specialty Lines Insurance products are a range of products that protects insureds from third party lawsuits and claims.
India Insure’s Liability & Specialty Lines vertical ensures informed decision-making by assisting in risk assessment, plan design, and peer benchmarking, leading to optimized coverage and personalized service.
Our services include risk assessment, plan design, risk presentation to underwriters, negotiation for optimal coverage and pricing, risk placement & administration, and comprehensive claims management support.
India Insure provides complete handholding during claims, assistance in documentation, and vigorous follow-up for claims recovery, ensuring a smooth and efficient process for our clients.
Given the specialized nature of the product, India Insure will focus on optimum coverage for your specific industry. More over we believe in beginning the claims management process at the time of placement itself; meaning no ambiguity in coverage. All this while ensuring cost effectiveness is not compromised.