Arts, Culture & Heritage Insurance Products

Heritage Insurance Business Pack

General Public and Product Liability insurance

Public and Products Liability insurance protects the Insured organisation for personal injury or property damage claims from a third party. Personal injury or Property Damage can occur in many ways, for example lack of maintenance of premises, provision of group activities, community events, the selling or donation of products, food handling or lack of attention to the people in the Insured’s care can pose risk of injury or damage occurring. In the event that the organisation is deemed liable for injury or damage, the General Public and Products Liability policy is designed to pay compensation to the third party.

MANAGEMENT LIABILITY

Management Liability Insurance protects you and your organisation against operational risks and exposures.

It is a packaged executive protection insurance policy that typically includes:

• Entity Liability
• Directors and Officers Liability
• Entity Reimbursement
• Employment Practices Liability
• Trustees Liability
• Statutory Liability
• Internet Liability
• Entity Crisis Cover

It is designed to protect an organisation, its directors and officers and employees against actions brought by:

• Regulators
• Employees
• Competitors
• Creditors
• Shareholders (especially minority shareholders)
• Clients

Most common types of claims under Management Liability Insurance:

• Breaches of director’s duties and/or fiduciary duties, including breach of trust
• False, misleading conduct by directors/officers and
• Actions alleging improper and illegal conduct
• Statutory breach of duty i.e. under legislation
• OH & S prosecutions and inquiries
• Employment: unfair/wrongful dismissal, discrimination, harassment, wrongful failure to employ or promote
• Defamation by directors/officers
• Breach of intellectual property rights by directors/officers
• Employee theft, including theft of money and property
• Statutory fines & penalties.
• Taxation investigation cost

PROFESSIONAL INDEMNITY INSURANCE

Professional Indemnity insurance covers you for a claim made against you or your employees during the period of insurance as a result of a breach of professional duty and includes cover for:

• Claims preparation costs
• Continuous cover
• Court attendance costs
• Good Samaritan acts
• Indemnifiable fines and penalties
• Investigations and inquiries
• Joint venture
• New subsidiaries
• Public relations expenses
• Run-off cover
• Spousal liability
• Vicarious liability

Volunteers Personal Accident Insurance

Ansvar’s Personal Accident cover is designed to provide compensation to volunteers who provide services on behalf of the Insured if they are injured whilst providing those services. Unlike employees, volunteers are not covered under the Insured’s Workers Compensation Insurance Policy. Therefore, it is vital that the Insured takes out this cover to protect the volunteers in the event they are injured whilst performing their volunteer duties.

The Volunteers Personal Accident cover is a defined event policy, so there is no requirement for the Insured to be negligent in order to claim. It provides an upfront financial benefit in the event that one of the defined events of the policy occurs. It ensures the Insured organisation provides protection to one of its most important assets – its volunteer workforce.
This cover complements Ansvar’s General Public and Product Liability Insurance policy.

Heritage Buildings Insurance – Heritage Special Risks Insurance Policy

We appreciate the uniqueness of Heritage insurance and understand insurance risks associated such as reinstatement issues should a loss occur, security risks, fire protection and providing a safe environment.

Our specialist Heritage Insurance Policy has been specifically designed to protect your client’s property. Cover includes property damage, loss of revenue following an insured event, loss of money, burglary, extra cost of reinstatement and replacement of glass including replacing stained glass and leadlight.