As a result of our magnificent relations and cooperation with the leading international reinsurers, we are ready to provide all types of casualty insurance, which include.

General Third Party Liability / Public Liability Insurance (TPL/PL).

This type of insurance covers the insured legal liability toward others/third parties in respect of the accidental death or bodily injury or illness or disease, in addition to the accidental loss or damage to property which belong to the third parties, arising in connection with the insured business and within the territorial limit.

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Products Liability Insurance.

To cover /indemnify the Assured against sums that the Assured shall become legally liable to pay in respect of claims made against the Assured for accidental bodily Injury or accidental damage to property arising in connection with "products-completed operations hazard", that is, any good or products (including food or drink) manufactured, constructed, altered, repaired, serviced, treated, sold, supplied or distributed by the Assured.

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Workmen Compensation Insurance (WC).

This cover will indemnify the Assured against liability at law for bodily injury of any described person who is under a contract of service or apprenticeship with the Assured shall, while employed sustain bodily or disease or death arising out of and in the course of his employment by the Assured in the business .

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Employers Liability Insurance (EL).

To indemnify the Assured against liability at law for damages and claimant's costs and expenses in respect of bodily injury of any described person who is under a contract of service or apprenticeship with the Assured shall, while employed sustain bodily or disease or death arising out of and in the course of his employment by the Assured in the business at limits of indemnity to be considered at the insured request, and it is over and above limits granted by the labor law.

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Defense Base Act Insurance (DBA).

Scope of Coverage

The Defense Base Act, like other workers’ compensation legislation is designed to assure that an injured employee is provided prompt compensation for injuries or illnesses arising out of and in the course of the employment.  As with most workers’ compensation legislation, the Defense Base Act is constructed and enforced so that the interests of the injured employee are paramount in the claims adjudication process. 

While it is not correct to state that the Defense Base Act provides “24 hour coverage”, it is true that the Act, and the case law that has developed from it, clearly recognize the wide variety of circumstances that may arise out of overseas employment and thus the scope of the Act’s coverage is much broader than that of most State workers’ compensation legislation.  Each case must be evaluated on its own merits in line with the specifics of the Act itself and the prevailing case law.  

Employers Covered by the Defense Base Act

Section 1 of the Defense Base Act enumerates where and when the Act applies.  In simpler terms the Defense Base Act is applicable to employers who are performing work outside the United States for the benefit of the United States or its allies and funded, in whole or in part, explicitly or implicitly, by the US Government or any executive department or agency thereof.

Employees Covered by the Defense Base Act

By definition all employees working on the contract are entitled to benefits under the Defense Base Act regardless of nationality.   However it is possible to obtain a waiver of Defense Base Act coverage for non-United States citizens/residents/hires under certain circumstances.

Defense Base Act Benefits

The Defense Base Act may provide the following types of benefits to employees whose deaths, injuries or occupational illnesses arise out of, and in the course of their employment:

1.            Medical Services and Supplies payable to Maximum Medical Improvement (MMI).

   2.            Temporary Total Disability (TTD). 

3.            Temporary Partial Disability (TPD). 

4.            Permanent Partial Disability (PPD). 

5.            Permanent Total Disability (PTD).         

6.            Death Benefits. 

7.            Funeral Benefits.

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Cash / Money Insurance (CIT/CIS).

Cover for the insured against any loss of the amounts of money (Cash, bank notes, currency notes, cheques) belonging to the insured or for which the insured is responsible, whether the loss occurred in course of transit or whilst the money kept inside iron safe, in the circumstances and situation as will be defined .

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Fidelity Guarantee Insurance (FG).

To indemnify the insured of the loss of monies or goods of the Insured resulted from any act of "Forgery, or Embezzlement, Larceny and/or Fraudulent Conversion" committed by the insured employee/s in the course of duties as will be specified, after deduction of all salary, commission, monies or assets, the property of the Employee/s, that may be in or come into the hands or under the control of the Insured up to an amount not exceeding for all the acts the amount insured.

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Bankers Blanket Insurance (BBB).

This type of covers is appropriate comprehensive cover for the financial institutions such as banks, and it will indemnify the insured against direct financial losses.

For the importance of this policy, we attach herewith the full policy wording.

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Directors & Officers Liability (D&O).

Directors and Officers are responsible for the management of a business entity and therefore are in a position to be held personally liable for losses caused by their failure to:

Ø      Perform their fiduciary duties (in good faith): duty of care, loyalty and obedience: act in the interest of the company.

Ø      Ensure that the corporation is in compliance with applicable laws – articles of association.

Type of Covers:

1.      Cover for money damages & defense costs caused by management errors and due to claims made against the Directors.

2.      Cover for money damages & defense costs caused by employment practices errors and due to claims made against the Directors.

3.      Cover for defense costs only for management errors if claim is made.

4.      Cover for criminal defense costs only for management errors or employment practice errors if claim is made.

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Professional Indemnity Insurance (PI).

To Indemnify the insured up to the limit of indemnity for any sum which the Insured may become legally liable to pay arising from any claim being first made in writing against him during the policy period for breach of duty of any profession as will be defined, by reason of any negligent act, error or omission committed or alleged to have been committed during the Policy period (and retroactive period, if any) and within the defined territory, of the Insured and, or any person at that time employed by the Insured.

Professional Indemnity covers have different types according to a different classification of business, such as:

-         Professional Indemnity for doctors (Medical Malpractice).

-         Professional Indemnity for architects and engineers (single project or annual cover).

-         Professional Indemnity for Computer consultants.

-         Professional Indemnity for Insurance Brokers.

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Non Appearance & Cancellation Insurance.

We are in the process to tailor an insurance policy to cover loss, damage or expense that may arise as a result of non-appearance of an insured person and/ or the cancellation of an event due to named perils.

This insurance is intended to protect the interest of the insured for pre-organized and scheduled events whereas as a result, for example, of a National Mourning in the country a grand celebration with a high prominent singer is to appear but due to the government declared mourning the event is cancelled, the insurance will indemnify the insured for amounts as agreed and declared.

The insurance would also cover the cost and expense incurred due the cancellation in case of damage to or destruction of the venue at which the insured performance(s) or event(s) is (are) to take place.

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Live Stock Insurance.

This cover is available in two options (Business interruption can be added to both options):

First: All Risks :

Will indemnify the insured in the event of the death of any specified animal during the period of this Insurance (or, for Insurances with an annual period only, in the event of the death of any such animal occurring within thirty days after the expiry of this Insurance as a result of any accident occurring, or illness or disease manifesting itself, during the currency hereof, and subject to written notice of such accident, illness or disease having been given to the Underwriters before the expiry of this Insurance) we will indemnify the Assured in respect of the actual value of such animal at the time of the accident (or the manifestation of the disease or illness) causing its death, up to but not exceeding the limit of the liability in respect of such animal.

Second: Named Perils :

Will indemnify the insured in the event of the death of any specified animal during the period of this insurance resulting from

(a)  Fire, lightning, explosion, or smoke resulting therefrom,

(b)  Collision, derailment or overturning of conveyances in which the animal is being conveyed by railroad (but the coming together of railroad cars during coupling operations shall not be deemed a collision within the meaning of this Insurance),

(c)  Sinking, burning or collision of vessels in which the animal is being conveyed on inland waterways only,

(d)  collision or overturning of the road vehicle in which the animal is being conveyed other than collision with vehicles owned or operated by or in the use, custody or control of the Assured, his Employees or Agents,

(e)  Accident to an aircraft in which the animal is being conveyed (but intentional destruction of an animal which becomes uncontrollable (berserk) shall not be deemed a direct result of an accident to an aircraft), or

(f)   Windstorm, hail, earthquake, flood, objects falling from aircraft,

For insurances with an annual period only, in the event of the death of any such animal occurring within thirty days after the expiry of this Insurance as a result of any peril insured occurring during the period of insurance, and subject to written notice of such occurrence having been given to the insurers before the expiry of this Insurance) this policy will indemnify the Assured in respect of the actual value of such animal at the time of the occurrence causing its death, up to but not exceeding the limit of the liability in respect of such animal.

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Plate Glass Insurance.

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