top of page

PROTECTION NEEDED When the unexpected happens

 PROPERTIES

LOSS OR DAMAGE

  • Business Premises

  • Stock

  • Records and Documents

  • Furniture, Fittings and Equipment

  • Machinery

  • Investment properties

  • Cash and other valuables

  • Motor Vehicles

  • Cargo lost or damaged

LIABILITY

INJURY OR DAMAGE

  • Causing injury or damage to other people's properties

  • Exposure to statutory fines and penalties

  • Errors and Omission by a Director or Officer

  • Wrongful Acts claims by your employees

  • Damage to environment

  • Damage or injury due to professional advice or duties​

  • Product Recall

FINANCIAL

  • Loss of Business/Rent due to properties lost/damaged 

  • Business interrupted

  • Bad Debts

  • Foreign Exchange Risks

  • Interest Rate Risks

  • Commodity Price Risks

TECHNOLOGY 

  • Cannot deliver product/services due to system failure

  • Business/Customer data hacked or lost

  • Data damaged or destroyed by virus attack

  • Cybercrimes such as identity theft, phishing, online scams, robbery or theft of electronic data or software

  • Loss due to use of fraudulent input by customers

  • Prohibited contents

PEOPLE

  • Sudden exit of key person

  • Staff facing Occupational Health & Safety risks

  • Delay of Return to Work

  • Dishonest staff members

  • Staff affected by violent criminal act or terrorism events

manage

MANAGE YOUR RISKS

1. PREVENT

  • Take steps to prevent known risks from happening

  • Reduce its impact on your business in case it happens.

2. PREPARE

No matter how hard we have tried to prevent accidents, things still happen. We have to set aside resources to deal with these losses.

​

The more resources we can set aside, the less we shall rely on insurance and therefore less premium we have to pay.

3. SHARE

The effects of some accidents may be too great for us to deal with only our own resources.  

 

We can share this threat with others who face similar risks. In other words, we insure.

bottom of page