Michael Kennedy Insurance Group can identify risk exposures for your business and develop an insurance programme based upon each client’s specific requirements. Furthermore we assist with Health and Safety Compliance and Risk Management of employee activities to minimise the potential for accidents to happen to them or to Third Parties.
Employers Liability Insurance
This policy covers a Company’s Legal Liability for accidental Bodily Injury to employees or disease contracted by them arising out of and in the course of their employment in the business.
Employment Practices Liability Insurance
This policy offers Indemnity in the event of an Employee suing in respect of alleged Employment Practice Violation. This cover can include claims brought by Employees in respect of Wrongful Termination of Employment, Sexual Harassment or Discrimination as well as other claims brought by Employees. Cover can be extended to include claims made by other parties such as Clients or Customers.
Public Liability Insurance
This policy covers a Company’s Legal Liability resulting from accidental Bodily Injury to any Third Party or loss of or damage to Third Party property arising in connection with the carrying on of a business.
Products Liability Insurance
This policy covers a Company’s Legal Liability for accidental Bodily Injury to any Third Party or loss of or damage to Third Party Property caused by a defect in any goods sold, supplied, repaired, altered, treated or serviced by the Company.
Product Contamination, Recall and Rejection
Certain products are susceptible to Contamination, both accidental or by deliberate interference. This may have a disastrous effect on the image of a Product or a Company’s Brand. Considerable costs can be incurred in both recalling and replacing the damaged or contaminated product and in rebuilding Public confidence.
This cover includes:
- Recall Costs
- Business Interruption
- Rehabilitation Costs
- Consultancy Costs
Professional Indemnity Insurance
This policy covers a Company’s Legal Liability for damages, costs and expenses in respect of claims made against the company for Financial Loss incurred by Third Parties arising out of any Negligence, Act, Error or Omission in connection with the provision of Professional Advice or Services given for a fee.
Exposures would include:
- Breach of Professional Duty
- Libel or Slander
- Loss of or Damage to Documents
- Dishonesty of Employees or Agents
Directors and Officers Liability
This policy covers Insured Company Directors and Officers against claims made upon them for Personal Liability and Financial Loss, resulting from any Breach of Warranty or Authority or other act wrongfully committed or attempted in their capacities as Directors and Officers of the Company.
Pension Trustees Liability
This insurance affords protection to Company Pension Scheme Trustees against claims made for mismanagement of their obligations as Trustees under the Pension Act 1995. Pension Scheme Trustees could also face allegations of Improper Advice, Incorrect Investment of the Scheme Assets and Violation of the schemes documents in addition to specific liability under Statute.
This insurance provides protection for companies who may be held liable for pollution or contamination of land or property. European legislation is very onerous on organisations found to have caused damage to the likes of waterways, land, etc.