Company insurance
Every day, companies bear responsibility – for their employees, customers and business partners. Solid operational protection lays the foundation for minimising risks in a targeted manner and ensuring long-term stability. Whether it’s liability, employee protection or business interruption: with individually tailored insurance concepts, you can comprehensively protect your company and build trust among all stakeholders.
Public liability insurance
Whether you are a small craft business or a large industrial enterprise, a single claim can result in significant financial burdens. Public liability insurance covers claims for damages by third parties arising from your business activities, thereby protecting both your company and your employees. In addition to property damage and personal injury, financial losses are also covered if they are directly attributable to your actions.
Examples of damage
Misfortune at the client’s premises
During a presentation, an employee accidentally spills coffee on a business partner’s laptop. The business liability insurance covers the costs of repair or replacement.
Incorrect assembly
During installation work, a pipe is connected incorrectly, resulting in water damage to the customer’s office premises. This is where public liability insurance comes into play and covers the damage incurred.
Carelessness at an event
During a company event in a rented hall, a lighting stand is damaged. The landlord demands compensation – thanks to public liability insurance, you are protected against high claims.
Useful additions
Business interruption insurance
Unforeseen events can occur in any company and significantly disrupt business operations. Whether it’s a fire, machine failure or natural disaster, prolonged downtime can result in high costs while revenue is lost. Business interruption insurance (BI) provides you with financial security so that you can continue to meet your ongoing costs (e.g. salaries, rent, loans) and gain time to resume operations quickly.
Examples of damage
Machinery breakdown in production
A key machine breaks down due to a technical fault. Operations come to a standstill, delivery deadlines cannot be met and sales are lost. The business interruption insurance compensates for the lost income and enables necessary repairs or replacements to be made.
Fire in the warehouse
A fire destroys important stock. In addition to the direct repair and reconstruction costs, lost revenue causes considerable financial strain. Business interruption insurance covers ongoing fixed costs until operations are back up and running.
Natural disaster damage caused by flooding
Heavy rainfall causes flooding at the business premises. Machinery, equipment and even the building itself are affected. Many operational processes are suspended while the premises are being renovated and dried out. Business interruption insurance provides financial compensation for lost profits so that production can resume quickly once the damage has been repaired.
Useful additions
Property
insurance
Product liability insurance
When companies manufacture or distribute products, even minor errors can cause significant damage. Product liability insurance protects against financial burdens arising from third-party claims if a product is defective or causes damage. Whether it’s manufacturing defects, faulty materials or incorrect handling instructions, this policy is essential for protecting the company from high costs and strengthening customer confidence.
Examples of damage
Defective components in electrical appliances
A manufacturer of household appliances installs faulty components that cause short circuits when overheated. As a result, some appliances catch fire and cause property damage in several households. Product liability insurance covers the costs of repairs, replacement of the appliances and any consequential costs.
Allergic reaction caused by cosmetic product
A company markets a new skin cream with innovative ingredients. Some consumers experience unexpectedly severe skin irritation. Product liability insurance covers claims for damages and any treatment costs claimed by the injured parties.
Recall campaign due to faulty packaging
A food manufacturer discovers that the best-before date has been printed incorrectly and part of the batch needs to be relabelled. The insurance covers the costs of the recall, including logistics, destruction or repackaging of the affected products.
Useful additions
Property insurance
Environmental liability insurance
Companies bear a special responsibility towards the environment: even minor oversights or technical defects can have a major impact on soil, water and the surrounding natural environment. Environmental liability insurance protects you against the financial consequences of damage that may be caused by your business activities. Such a policy can be tailored to your industry and risk profile so that you are protected against justified claims – without having to forego the benefits of environmentally friendly business management.
Examples of damage
Leakage in a production plant
Chemicals leak out through a defective valve and seep into the ground. Environmental liability insurance covers the costs of soil remediation and any claims from third parties affected by the contamination.
Unintended emissions
A manufacturing plant emits pollutants due to a faulty filter system, which affects local residents. Environmental liability insurance covers the damage caused and bears the costs of any damage to health or property.
Useful additions
Environmental damage insurance
Environmental damage can be costly for companies – from expensive remediation measures and regulatory requirements to third-party liability claims. Environmental damage insurance covers the costs of repairing damage to soil, water and ecosystems and also provides legal support in the event of claims.
Examples of damage
Accident in the warehouse
During a storm, hazardous substances in a warehouse are damaged and may leak out uncontrollably. The insurance provides support for immediate measures, hazard removal and possible claims for damages.
Leaking heating oil during transport
A delivery vehicle leaks oil on the company premises. The contamination of soil and possibly groundwater leads to considerable cleaning and disposal costs, which are covered by the policy.
