Specialty insurance provides coverage for unique or non-standard risks that are not typically covered by standard insurance policies. It encompasses a wide range of specialized insurance products tailored to specific industries, activities, or assets
Event Liability Insurance Package: Combines event liability insurance with additional coverages tailored for event organizers, planners, and venues. Includes coverage for bodily injury, property damage, liquor liability, cancellation/postponement, and vendor liability. Ideal for businesses and individuals involved in organizing weddings, concerts, festivals, trade shows, and other events.
Professional Indemnity and Media Liability Package: Bundles professional indemnity insurance (errors and omissions insurance) with media liability coverage for businesses in the media, advertising, publishing, and entertainment industries. Provides protection against claims alleging negligence, errors, or omissions in professional services, as well as defamation, libel, copyright infringement, and other media-related liabilities.
Marine Cargo and Hull Insurance Package: Combines marine cargo insurance with hull and machinery insurance for businesses involved in maritime transportation, shipping, and logistics. Provides coverage for cargo shipments against loss, damage, theft, and other perils during transit, as well as hull and machinery coverage for vessels against physical damage and marine-related liabilities.
Cyber Liability and Data Breach Insurance Package: Bundles cyber liability insurance with data breach insurance to protect businesses against cyber risks and data security breaches. Covers expenses related to data recovery, forensic investigations, legal defense, regulatory fines, and notification costs associated with data breaches or cyber-attacks.
POLITICAL VIOLENCE, TERRORISM & SABOTAGE INSURANCE
CYBER LIABILITY INSURANCE
Social unrest is a worldwide phenomenon that can happen anywhere, and no place is immune from civil disturbances. Extremists with global reach aim for destructive attacks with no warnings, while domestic groups in many countries are becoming more sophisticated. Even if you are not the intended target, an attack near your facilities could lead to loss of life, property damage, business interruption, relocation costs, long-term damage to reputation, and loss of public confidence.
Terrorism and political violence are extremely difficult to forecast. These attacks have far- reaching consequences, including property damage, loss of money, bodily injury and death, denial of access, loss of attraction, reputation, loss of critical individuals, and more. Political Violence, Terrorism, and Sabotage Insurance provides financial protection against the risk of property loss, damage, and business interruption as a result of terrorism or politically motivated violence, including acts of war and sovereign conflict.
Cyber or computer crime is one of the most serious hazards to enterprises worldwide, with smaller businesses being especially vulnerable. Cybercrime alone hurts Kenya's economy more than KES 20 billion each year. It just takes one successful cyber-attack to bring serious financial and reputational harm to your company. When cybercriminals breach a network, seize data, or obtain sensitive information, the organization from which they steal might be held accountable for the occurrence.
At Breri Insurance, we realize how stressful a cyber-attack can be for your organization, therefore having the right cyber liability coverage is critical. You will have sufficient funds to recover from the financial consequences of stolen data, as well as to rebuild and restore your consumers' trust. All organizations, whether start-ups, non-profits, or multinationals, require Cyber Liability Insurance to keep their operations operating in the event of a cyber-attack.
Unquestionably, you cannot overlook white collar crime, which is increasing at an alarming rate. Computer-related fraud is becoming increasingly common among business owners. In truth, senior and trusted personnel are more likely to engage in fraudulent behavior. When they strike, they do it repeatedly over time, rather than just once.
Although many business owners have strong internal controls, there is always the risk that these controls will be violated by other parties or even personnel. The only absolute failsafe to protect the company's assets and assure that crime cannot and will not harm the long-term profitability of your organization is to get commercial crime insurance.
Many a times company directors are obligated to make decisions in the best interests of the business and are under enormous pressure to meet the expectations of all stakeholders. However, even with the best intentions, mistakes can occur (not only their own, but also the failures of those on whom they relied), and as a corporate director, you risk being held personally accountable for charges of breach of duty or wrongful acts.
Directors and Officers Liability Insurance is specifically designed to protect the directors, officers, and employees who are involved in the management of a company. It provides coverage against any legal claims made against them while they perform their duties on behalf of the company. The insurance policy acts as a safeguard against personal losses that these individuals may face due to legal claims made against them.
Keyman insurance is a life insurance policy issued to a key executive, employee, or business owner. In the event of their death (or, in some cases, disability or serious illness), the policy provides a lump amount to the company. This can be used to cover expenses for new hires, pay off debts, or provide a safety net during a tough transition.
The main goal of this policy is to shield a company from the financial ramifications of abruptly losing a key officer, employee, or owner. It is a straightforward, low-cost option that provides the organization with financial security and predictability in the case of a key employee's death or disability.
Professional Indemnity Insurance, also known as Errors and Omissions Insurance, is meant to protect your company from legal fees and liability claims resulting from charges of professional negligence. This insurance covers the legal fees associated with investigating and defending any such claim, as well as any compensation that the insured may be required to pay to resolve the claim. Even if you are not at fault, you may be required to pay considerable legal fees to prove your innocence.
Any company or individual that offers consulting or design services to their clients should consider purchasing professional indemnity insurance. This includes lawyers, accountants, engineers, architects, consultants, land surveyors, quantity surveyors, project managers, medical providers, and Agencys e.t.c.