Financial Liabilities Insurance
Tata AIG General Insurance Company Limited offers global, state-of-the-art liability insurance products combined with local expertise to the Indian corporate sector. Today’s corporate environment is characterized by increased sensitivity to Corporate Governance issues, stringent client contracts, demanding stakeholders and an increased need for protection against fraud.
This necessitates companies to protect themselves against a wide range of exposures arising out of the dynamic nature of business.
Tata AIG General Insurance Company Limited recognizes this and offers world class solutions these needs.
USPs of TATA AIG Financial Line Insurance
1. Pioneers in Director and Officers liability insurance
2. Presence in more than 160 jurisdictions
3. Access to expert counsel of lawyers across the globe
4. Superior claim handling ability
5. Unmatched technical and local expertise
Directors and Officers Liability Insurance (D&O)
(SEC) UIN: IRDAN108P0020V01201213
(Non-SEC) UIN: IRDAN108P0021V01201213
The D&O policy provides cover for the personal liability of Directors and Officers arising due to wrongful acts in their managerial capacity. Defence costs are also covered and are payable in advance of final judgment. This policy provides protection for claims brought against directors, officers and employees for actual or alleged breach of duty, neglect, misstatements or errors in their managerial capacity.Crime / Fidelity Insurance
It is precisely because companies trust their staff, that many companies don't think they need protection from fraud.
Professional Indemnity/ Errors and Omissions Insurance (PI / E&O)
Professional Indemnity/ Errors and Omissions Insurance cover provides protection for the company and its subsidiaries for claims brought in respect of negligent acts, errors or omissions in the performance of professional services. The policy is meant to pay for defence expenses and damages and includes amounts that the insured is legally required to pay because of judgments, arbitration awards or the like rendered against the insured, or for settlements negotiated in accordance with the coverage afforded by the policy.Public Offering of Securities Insurance (POSI)
The Indian capital markets are witnessing an unprecedented boom and corporate India is all set to leverage this opportunity to raise funds and achieve their corporate objectives.