Besides catastrophic risks and speculative risks, a company also faces risk of having various kinds of legal cases and claims against them. A good liability risk management will help to reduce the risk, but it can never eliminate it entirely. GLOBAL helps companies deal with liability risks of all types.
Liability insurance is any insurance policy that protects an individual or business from the risk that they may be sued and held legally liable for acts such as malpractice, injury or negligence. It covers both legal costs and any legal pay-outs for which the insured would be responsible, if found legally liable.
Insurance Solutions Provided by the
Liability Solutions Practice
Types of Liability Insurance Solutions
We anticipate and successfully act on the sheer variety of liability risks. Our Expertise in Liability Products comprises of:
For more sophisticated firms, such risk transfer structures can, through the creative use of insurance and reinsurance capital, be used to achieve regulatory capital relief. Our technical competency helps us to enhance the negotiating position and competitive pricing in the market. We anticipate and effectively act on the challenges and goals.
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