In the world today, the likelihood of minor incidences to result into major claim has gained momentum. Strong measures put in place by the authorities to protect workers and the general public have exposed organizations and individuals into major risks of liability to third party.
Our underwriters accurately analyze and design Liability treaties, capturing all risks expected in insurance and reinsurance of products of such a nature. Each Liability treaty is tailored to meet the specific requirements of the original policy limits, sector, and territorial coverage of each client.
Some of the risks expected are:
- Public Liability
- Products Liability
- Commercial General Liability
- Employers Liability
- Workmen’s Compensation
- Environmental Liability
- Professional Liability
• Directors and Officers Liability
• Trustees Liability
• Professional Indemnity – Brokers, Lawyers, Doctors, Accountants, Architects, Valuers, Engineers, Advocates, Auditors, Consulting Engineers, Pharmacists, Surveyors
h. Hospital Malpractice
We design both proportional and non-proportional Liability treaties:
- Liability Surplus
- Liability Excess of Loss
- Motor and Liability Excess of Loss
- Motor, Accident and Liability Excess of Loss
First Re will also provide facultative reinsurance support for all risks that are above the reinsured’s capacity.
We also ensure that renewals of your Liability treaties are given special attention. First Re will analyze and discuss any improvements to your treaty to ensure that the following year has a better arrangement to suit the oncoming expectations.