Overview: Unique excess liability product incorporating employers liability, public/products and motor liability and offering crisis fund and medical and vocational rehabilitation.

Who is it for?:   UK based companies with a turnover up to GBP250m operating in any sector excluding chemicals and pharmaceuticals.

The risk of a multi-million pound liability loss has never been greater. Record numbers of liability claims for personal injury and third party property damage are passing through UK courts. The growth in the size of judicial awards has been fuelled by:

·         Increasing incidence of catastrophe

·         Class actions

·         Conditional fee arrangements

·         A more litigious culture

·         Spiralling legal and medical care costs

·         Changes in UK and EU legislation

In the light of escalating awards, companies need to reconsider the adequacy of their limits of indemnity and review whether existing standalone Insurance will provide adequate protection. A large liability loss can have an adverse effect on any company, from a major corporation to a small local contractor. Such losses can have a catastrophic impact on:

·         The company’s balance sheet

·         The company’s reputation