Products

Delta Insurance

Professional Indemnity

Professional Indemnity Insurance (also commonly known as PI Insurance) is one of the most important coverages any professionals or any company rendering their professional services to third party should consider. It is an important insurance to have as it covers you against claims that may be made against you or your work.

PI insurance policy will cover you for any legal costs you incur in defending your case and also for the full amount of any compensation award that a court makes (subject to the policy limit) against you.

Coverage benefits

Significant expertise means that we can provide tailored solutions

  • Broad civil liability policy
  • “Any one claim” limit
  • Excess exclusive of defence costs
  • Defence costs are provided in addition to the policy limit
  • Vicarious Liability
  • Defamation
  • Intellectual property
  • Dishonest or Fraudulent Employees
  • Loss of Documents
  • Compensation for Attendance
  • Quasi Judicial
  • Fair Trading Act
  • Continuous Cover applied to prior policy
  • Estate Extension
  • Marital and Domestic Partner
  • Loss Mitigation
  • Joint Ventures and Partnerships
  • Contractual Liability
  • Claims Preparation Costs
  • Cyber Liability
  • Emergency Defence Costs
  • Extended Reporting Period
  • Fee Refund/Contractual Fees
  • Licensee Intellectual Property Rights
  • Patent Extension
  • Project Delay
  • Public Relations Expenses
  • Automatic Renewal
  • Additional Insured
  • Inter-related Entities Coverage
  • Free Pre-Loss Consultation – Please contact us for more details

Territory/Jurisdiction

Worldwide

The description of coverage contained in this document is a summary and is for illustrative purposes only. The coverage is subject to terms and conditions outlined and certain restrictions, limitations and exclusions contained in the policy of insurance. In the event of any conflict between the descriptions of coverage in this document and the policy of insurance, the provisions contained in the policy of insurance will govern. This document is accurate as at July 2017.

Delta Insurance

Cyber Insurance

Cyber Liability Insurance protects you against liabilities arising from data protection laws, management of personal data and the consequences of losing information. For individuals this includes credit card numbers, medical records, birth dates, passport numbers and other private personal information which can be stolen and used inappropriately. Equally the loss of corporate information such as intellectual property and proprietary information could severely disadvantage a business.

With network attacks and security becoming a significant global issue, we cover you for direct first party losses also, such as the consequences of a cyber or denial of service attack (DDOS) including loss of revenue and increased costs to rectify; cyber extortion such as ransomware, recovering lost or destroyed data, notification, monitoring and forensic investigation expenses and lost income.

Coverage benefits

Crisis Management
  • Data Forensic Expenses – costs incurred to investigate, examine and analyse a computer network
  • Breach Consultation Services – legal assistance
  • Costs to Restore – research, replace, restore or recollect software and any electronic data due to a network attack
  • Breach Responses Services – Notification Services, Call Centre Services, Credit Monitoring Services and Identity Theft Resolution services
  • Public Relations Expenses
  • Business Interruption
  • Business Interruption – includes net profit or loss and extra expenses as a result of a network attack on an insured’s network
First Party Coverage
  • Hacker Theft Cover – fraudulent or erroneously paid funds
  • Network Extortion Coverage – costs to avoid, defend or preclude network extortion
  • Loss Adjustor Costs
Third Party Liability
  • Third Party Liability – related to privacy, personal information; corporate information; Media and Social Media (including defamation, intellectual property rights and plagiarism)
  • Regulator Liability
  • Investigation Liability
  • PCI DSS Cover
  • Consumer Redress Fund
Automatic Extensions
  • Emergency Costs—including Defence Costs and Loss Mitigation Costs
  • Loss Mitigation Costs
  • Network Improvement
  • Personal Reputation Cover
  • Free Security Consultation—Please contact us for more details
  • Free Pre-Loss Consultation—Please contact us for more details
  • Network Failure

Territory/Jurisdiction

Worldwide

The description of coverage contained in this document is a summary and is for illustrative purposes only. The coverage is subject to terms and conditions outlined and certain restrictions, limitations and exclusions contained in the policy of insurance. In the event of any conflict between the descriptions of coverage in this document and the policy of insurance, the provisions contained in the policy of insurance will govern. This document is accurate as at July 2017.

Delta Insurance

Management Liability

Management Liability Insurance provides you with cover for costs involved with legal action arising from carrying out your management and fiduciary duties. Directors and Officers are accountable for their actions and can be exposed to serious liability risks. They can be personally liable for their legal obligations and any resulting lawsuits can be time consuming and costly to defend.

An increasing number of claims are being made against directors and officers arising from the management of their company. This could include possible legal action arising from either employees (including wrongful dismissal, harassment, unfair work practices and unsafe work environments) or from third parties (including shareholders, bond holders, creditors, liquidators, competitors or regulators).

Coverage benefits

This broad range of covers means that clients can rest assured that they are fully covered for all of their management liabilities:

  • Directors & Officers Liability
  • Corporate Liability
  • Crime Insurance
  • Employment Practices Liability

*Defence costs are provided in addition to the policy limit

Territory

Worldwide

The description of coverage contained in this document is a summary and is for illustrative purposes only. The coverage is subject to terms and conditions outlined and certain restrictions, limitations and exclusions contained in the policy of insurance. In the event of any conflict between the descriptions of coverage in this document and the policy of insurance, the provisions contained in the policy of insurance will govern. This document is accurate as at July 2017.