Description

Claim examples

• When installing the equipment, the equipment supplier ran over and damaged customer’s  assets at the nearby.
• Low quality bottles of drinks have leaked at the warehouse. The bottle manufacturer had to compensate the losses to the drink manufacturer for the damaged product.

Advantages

• Clear and detailed definition of the event insured
• Significantly less exclusions
• Highest quality services in case of a claim: even 90% percent of claims are handled prior to the court proceedings, this way it helps to save company‘s reputation.
• Cost efficiency insuring the whole group of companies by one insurance contract, insurance coverage applied to each insured company separately, just as if they had separate insurance contracts.