Insurance Advisory

Insurance clauses are routinely overlooked in commercial contracts. We observe that a detailed insurance clause has become a norm in the commercial contracts. The basic purpose of an insurance clause is to relegate as well as mitigate the risks associated with the services or goods being provided or...

Growing and developing a successful business is usually a complex experience, filled with numerous risks. One of the major risks that a business usually faces is the ‘Breach of Trust” by their employees. A business can protect itself against any loss caused by the dishonesty or fraud by an emplo...

Cyber-attacks and data breaches have become a reality in today’s digital world. According to a recent circular issued by the Insurance Regulatory and Development Authority of India (‘IRDAI”), there has been an increase in the number of cyber-attacks on personal computer networks an...

The Directors and Officer’s liability insurance policy (“D&O policy”) is an insurance policy intended to protect individuals like a director, an officer or any persoan working in a managerial capacity of an organisation as well as an organisation itself for whom such directors and offc...

The liability insurance policy that protects a professional/company/organization or entity providing a professional service, against its legal liability to a third party as a result of any actual or alleged negligent act, error, or omission in the performance of the professional duties undertaken du...

The novel Covid-19 pandemic has posed serious challenges and threats towards businesses, corporates, and other commercial undertakings. Businesses globally are struggling with uncertainties, business interruptions, supply chain issues, loss of revenue, workers health, safety, steep rise in the incre...