Insurance Advisory Newsletter – Understanding Employment Practices Liability Insurance : September 2024

Employment Practices Liability Insurance (“EPLI”) is a type of insurance coverage that protects businesses against claims made by employees, former employees, or prospective employees against employment-related issues. This includes claims such as discrimination, harassment, wrongful termination...
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Insurance Advisory Newsletter – Professional Indemnity Insurance vis-a-vis Cyber Insurance : August 2024

Professional Indemnity Insurance And Cyber Insurance  As the usage of technology provides significant benefits to save time and effort, it has also resulted in an increase in claims pertaining to professional negligence and cyber-crime events. It is quite evident that without Professional Indemnity...
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Insurance Advisory Newsletter – Export Credit Insurance Policy : July 2024

What is an Export Credit Insurance Policy? The risk exposure involved in foreign trade is highly diverse and unpredictable. Businesses engaged in export trade are often at risk of export proceeds not being realized due to commercial or political risk factors. The commonality between foreign and dome...
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Insurance Advisory Newsletter – Group Term Life Insurance Policy : June 2024

Group Term Life Insurance  A group term life insurance plan (“GTL”) refers to a life insurance plan that covers a group of employees annually. GTL is often provided by employers to attract and retain top talent and may be offered as part of a comprehensive benefits package. During the policy te...
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Insurance Advisory Newsletter – Group Insurances Compared : GMC vis-a-vis GPA : May 2024

Group Insurances Compared: GMC vis-a-vis GPA Group insurance pertains to an insurance plan that offers coverage to a group of individuals under the same policy. A standard coverage is provided to all the employees covered within the same policy which is called as the “Master Policy”. The employe...
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Insurance Advisory Newsletter – Navigating General Liability Policy Renewals From The Insured’s Perspective : April 2024

Renewals of general liability insurance policy (“Liability Insurance Policy”) are due on an annual basis. The renewals must be approached with a clear understanding of the “hows” and “whats”, marking an opportunity to reassess the Company’s coverage comprehensively,...
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Insurance Advisory Newsletter – Introduction To Media Liability Insurance Policy : March 2024

INTRODUCTION A Media Liability Insurance Policy (“Policy”) is a niche type of error and omissions (or professional liability) insurance policy. It is generally used by businesses that specialize in providing media content creation or marketing for clients (“Insured”). This Policy typically p...
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Insurance Advisory Newsletter – Locally Admitted Policy Vis-À-Vis Global Insurance Policy : Jan 2024

Locally Admitted Policy Vis-À-Vis Global Insurance Policy Globalisation has led to companies operating in multiple nations, increasing their exposure to risk in multiple jurisdictions. To counter the probable risks in conducting business at such a global scale, the need for a ‘Global Insurance Po...
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Insurance Advisory Newsletter – All About Marine Insurance : November 2023

Marine Insurance Marine Insurance is a type of insurance that covers risks that may take place when the goods or cargo is in transit (“Marine Insurance”). Marine Insurance covers any loss or damage caused to a ship, cargo, depot, terminal or any other transport by which goods/ commodities are tr...
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