Construction and engineering projects are susceptible to delays that can cause significant financial strain. Delay in Start-Up (DSU) insurance acts as a safety net, mitigating these risks. What is DSU Insurance? Imagine a project’s operational…
Ensuring a smooth EPC (Engineering, Procurement, and Construction) project requires mitigating risks for all parties involved. Professional Indemnity (PI) insurance plays a vital role in protecting design professionals like engineers and architects. What is Professional…
We all rely on product instructions and warnings to use them safely. But what happens when these are missing or unclear? This is a marketing defect, and it can have serious consequences. What are Marketing…
In today’s product-driven world, even a seemingly minor defect can lead to a major lawsuit. Product liability insurance acts as a safety net for businesses of all sizes, protecting them from financial repercussions if their…
Being a director or officer of a company comes with immense responsibility. D&O liability insurance plays a crucial role in protecting these leaders from personal financial burdens in case of lawsuits. What Does D&O Insurance…
Professionals like doctors, lawyers, and consultants dedicate their careers to serving others. But even the best can make unintentional mistakes. This is where professional liability insurance, also known as errors and omissions (E&O) insurance, comes…
Imagine accidentally damaging someone’s property or facing a lawsuit for negligence. Liability insurance comes to the rescue! It safeguards you financially if held responsible for causing injury or property damage to others. What Does Liability…
The foundation of a strong insurance contract? Utmost good faith! This principle demands honesty and transparency from both the insured (you) and the insurer (the company). Here’s what it means: Utmost good faith benefits everyone:…
You file a claim, your insurance company pays out – happy days, right? But there’s a twist: subrogation. This legal principle allows your insurer to step into your shoes after a payout. Let’s see how…
