Insurance
for Professionals, Company Directors & Officers
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Professional Indemnity Insurance for Lawyers, Accountants,
Company Secretaries, Computer Consultants, Multimedia, Surveyors,
School Leaders,
Property Managers, Third Party Administrators, etc
Provides protection for Professionals against Negligent
Acts, Error or Omission including Breach of Contract,
Defense Costs, Intellectual Property Right
Infringement including Copyright, Trade Marks and
Breach of Confidential Information, Defamation, Libel
& Slander, Loss of Documents, Compensation For
Appearance, etc.
Excludes Intentional, Fraudulent, Criminal, Malicious,
Willful and Reckless Acts by the Insured, Mechanical Breakdown, Patent Infringement and Trade Secrets eyc.
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Directors & Officers Liability for Company Directors and Officers.
Covers the Loss of the Company resulting from any Claim against
the
Insured for any Wrongful Act in the Insured's capacity as a director,
officer or employee of the Company.
Wrongful Act includes actual or alleged Breach of Duty, Breach of
Trust, Negligence, Error, Misstatement, Misleading Statement,
Omission, Breach of Warranty of Authority. Loss shall include
Damages, Judgments, Settlements, Defense Costs but excludes Fines,
Penalties, Punitive and Exemplary Damages and Liability for
employment-related benefits.