Liabilities
Liability Insurance, also called third-party insurance, provides the insured party with protection against the risks of liabilities imposed by lawsuits, similar claims, and protection against claims resulting from injuries and damage to people and/or property. Liability insurance policies cover both legal costs and any payments for which the insured party would be responsible if found legally liable.
Products


General & Product Liability
General and Product liability insurance provides essential financial protection for third parties claiming the insured to be liable in respect of a bodily injury or property damage claim resulting out of the Insureds business and/or products.
Please contact our underwriters in the following countries for further information















Directors and Officers liability insurance (D&O)
Directors & officers may be held personally liable for the losses connected to culpable acts or negligence by the director and/or officer.
The Board of Directors and Executive Management can be targeted personally, either individually or collectively. While the liability of the company is limited, a director’s and officers liability is unlimited, why insurance is of interest.
RiskPoint’s D&O insurance covers directors and officers for damages and defence costs as well as other related costs incurred due to claims against them, demanding damages as a consequence of financial losses. The insurance covers from the first civil or criminal investigation, including defence costs arising from both actual or alleged wrongful acts.
Please contact our underwriters in the following countries for further information















Web Bank
If hackers compromise IT security and gain access to your bank account and steal the money on that account, your bank will usually cover such loss if you are a private customer of the bank. As a company, the bank will not reimburse you if your web bank accounts are hacked and your money is stolen. Given the abundance of IT security breaches crime and cyber insurance products are in high demand. If you do not need the full crime coverage, you can purchase a scaled down policy covering electronic theft done by third parties only, also known as Web bank insurance. Riskpoint’s Web bank insurance covers the company for electronic theft of money in an insured online bank account.
Please contact our underwriters in the following countries for further information















Professional Indemnity
Companies offering advice, administration and services face multiple kinds of risks within professional liability.
Claims for damages arising out of professional liability can be devastating and as long as a company conducts business, it will always be exposed to the risk of causing injury or loss.
A Professional Indemnity insurance offers coverage for the expenses and the legal costs as well as any damages awarded, in case of a situation where claims are made by a client or a third party for losses based on errors and omissions of the employees or the ditto of other persons the policyholder is liable for. A PI insurance from RiskPoint will provide support not only by paying cost but also assist in defending your business.
Please contact our underwriters in the following countries for further information















Crime
Companies are constantly and increasingly facing problems with crime as they experience attempts from employees and/or third parties to steal, misuse or misappropriate monies/funds and physical goods. Segregation of duties and dual control may reduce the exposures but with human misconduct as the main driver for losses, such losses connected with criminal acts cannot be eliminated.
Please contact our underwriters in the following countries for further information















Investment Management Insurance
Asset Management is complicated and involves many risks. Moreover the heavy regulatory burden is ever increasing, hence being compliant with applicable rules and legislation is more challenging than ever before . Aside from the critical governance and compliance tasks, asset managers must maintain focus on their core business – ensuring positive financial results on investments, both for their investors and the company itself. Even a minor error or omission in managing funds can have severe financial impact on the company.
RiskPoint’s Investment Manager Insurance offers coverage under one policy for both Directors and Officers liability, Professional liability and Crime as well as Cyber, on market leading terms and conditions.
Please contact our underwriters in the following countries for further information
















Intellectual Property Rights insurance (IPR)
An increasing number of companies/inventors think not only about how they manage their intellectual rights but also how they can insure their intellectual rights, as continued globalization lead to expansions into new territories, which may result in infringement of patents or other intellectual rights in these new territories, regardless of non-infringement in the existing markets.
The cost of intellectual property rights litigation can be astronomical. Intellectual property litigation can pose a real threat to the company itself. Furthermore, the risk that a given company will be involved in some form of intellectual property litigation continues to increase, as more and more companies rely on intellectual properties, as the IP is an essential asset.
Intellectual property insurance may not make sense for every company. For the small technology company, probably having an intellectual property portfolio as its most valuable asset, or for the new competitor trying to break into a market in which aggressively enforced intellectual property rights are the rule rather than the exception, the right level of insurance protection may mean the difference!
In most markets Intellectual property is either excluded or restricted in the standard GL or PI insurance.
RiskPoint offers market leading terms and conditions on IPR insurance.
Please contact our underwriters in the following countries for further information
















Cyber
Cyber risks have increasingly come into the focus of companies due to technical innovation and raising connectivity. Whether those risks result in a loss of confidential or personal data or in business processes being interrupted or hampered by ransomware, DDoS attacks etc., significant financial losses are often the consequence, even if no bodily injury or property damage is caused.
Please contact our underwriters in the following countries for further information
















Securities Offering Liability Insurance
A public offering of securities involes a prospectus. The company issuing securities as well as its board of directors and executive management are signatories to the prospectus. Should the prospectus be misleading or inadequately describe the risks connected with the offering, the issuing company and the physical persons signing the prospectus may face claims from new investors, current shareholders and regulators.
In order to transfer this risk and enable management to focus on the company’s core business rather than potential claims and the subsequent personal financial default such may lead to, companies purchase SOLI insurance.
A RiskPoint SOLI insurance covers defence costs, many of the other costs related to a law suit and any damages the insured persons and the issuer are held liable for in relation to the prospectus.
Please contact our underwriters in the following countries for further information
















Intellectual Property Rights insurance (IPR)
An increasing number of companies/inventors think not only about how they manage their intellectual rights but also how they can insure their intellectual rights, as continued globalization lead to expansions into new territories, which may result in infringement of patents or other intellectual rights in these new territories, regardless of non-infringement in the existing markets.
The cost of intellectual property rights litigation can be astronomical. Intellectual property litigation can pose a real threat to the company itself. Furthermore, the risk that a given company will be involved in some form of intellectual property litigation continues to increase, as more and more companies rely on intellectual properties, as the IP is an essential asset.
Intellectual property insurance may not make sense for every company. For the small technology company, probably having an intellectual property portfolio as its most valuable asset, or for the new competitor trying to break into a market in which aggressively enforced intellectual property rights are the rule rather than the exception, the right level of insurance protection may mean the difference!
In most markets Intellectual property is either excluded or restricted in the standard GL or PI insurance.
RiskPoint offers market leading terms and conditions on IPR insurance.
Please contact our underwriters in the following countries for further information
















Securities Offering Liability Insurance
A public offering of securities involes a prospectus. The company issuing securities as well as its board of directors and executive management are signatories to the prospectus. Should the prospectus be misleading or inadequately describe the risks connected with the offering, the issuing company and the physical persons signing the prospectus may face claims from new investors, current shareholders and regulators.
In order to transfer this risk and enable management to focus on the company’s core business rather than potential claims and the subsequent personal financial default such may lead to, companies purchase SOLI insurance.
A RiskPoint SOLI insurance covers defence costs, many of the other costs related to a law suit and any damages the insured persons and the issuer are held liable for in relation to the prospectus.
Please contact our underwriters in the following countries for further information
















Cyber
Cyber risks have increasingly come into the focus of companies due to technical innovation and raising connectivity. Whether those risks result in a loss of confidential or personal data or in business processes being interrupted or hampered by ransomware, DDoS attacks etc., significant financial losses are often the consequence, even if no bodily injury or property damage is caused.