According to the Health and Safety at Work Act of 1996 (89 (I) / 1996), an employer is defined as “any natural or legal person who has an employment relationship with the employee and is responsible for the premises, business and/or facilities and includes a person who may not have other people employed under him, but who conducts economic activity or business either for profit or not».
The new changes in the Insurance premiums concerns insured persons, intermediaries and insurance companies. The new arrangements work for the benefit of all parties involved, insured, intermediaries and insurance companies, with a transparent procedure for all sides.
Any company or individual providing services should consider the need for Professional Liability Insurance. Professional Liability Insurance provides critical protection against Third Party claims arising from mistakes made by the service provider.
Breach of duty. D&O Insurance covers Directors and Officers, as they are liable, even through their personal property against third parties’ claims (or even their own Company) for errors or oversights occurring during the execution of their duties.
The human factor and the likelihood of any given service provider making a mistake, are factors which, without the necessary provision, may very well end up costing dearly. And “because misteaks happen evry day”, and before it’s too late, make sure you get this cover for possible professional negligence or oversight in your business, with the personalised Professional Indemnity Insurance that Insurancelink offers to cover you against Third Party claims. The Policy is underwritten by various Insurance Companies with which Insurancelink collaborates.
The close contact of the tenants of the apartment buildings and the interdependence of their relations created by the common use of the common areas could not be without participation in conflicts, disputes, and quarrels. One philosopher characteristically said that two people living on one hundred hectares of land live relatively freely, but one hundred people living on two hectares of land live in innate conflict.
There are two types of companies: those that have been hacked, and those who don’t know they have been hacked.
Sooner or later it will happen…
When they lock you down… we’ve got the master key!
“There are two types of companies: those that have been hacked, and those who don’t know they have been hacked” – John Chambers, Former CISCO CEO