THIS IS A PRODUCT OFFERED THROUGH EDGE PLACEMENT SERVICES
(ie. IT’S NOT OUR BINDER AND WE ARE NOT ACTING FOR THE INSURER)
The Edge
Claims
Target Risks
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The ability to settle valid claims quickly and fairly in a human way is central to our market’s business philosophy, and CFC are empowered to exercise their professional judgement to deliver an exceptional customer service.
Please contact us in the first instance on any ML claims matter.
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* WE SOURCE 100% LLOYD’S SECURITY
* $10M CAPACITY
* 11 INSURING CLAUSES UNDER 1 POLICY:
- Directors & Officers Liability
- Entity Coverage
- Statutory Liability ($1M)
- Employment Practices Liability
- Superannuation Fund Trustees Liability
- Cyber & Privacy
- Crime (including cyber)
- K&R
- Court Attendance Costs
- Loss Mitigation & Reputation
- Brand Protection
* WORLDWIDE COVER AS STANDARD
* BROAD D&O COVER
Our market (CFC) offers comprehensive D&O cover, including cover for Directors sitting on the board of an outside entity and an additional limit for non-executive Directors.
* CYBER & PRIVACY
As one of the few markets offering full blown cyber under ML, the CFC policy also covers privacy liability, privacy breach notification costs, systems damage and business interruption.
* CRIME (including cyber crime)
Much wider scope of coverage than many policies, reimbursing the client for financial loss sustained by the unauthorised taking of property, money, cheques, banker’s drafts and share or bond certificates. Better yet, the crime coverage extends to losses resulting from cyber crime, an increasing area of exposure. This includes fraudulent instructions to financial institutions and electronic identity theft. Our cover can also extend to include social engineering.
* FULL LIMIT 3RD PARTY COVERAGE FOR EPL
This new section of employment practices liability covers claims brought by non-employees which is particularly important for firms which deal with the public or third parties. It protects the insured entity and its employees from allegations of harassment, discrimination and even the infliction of emotional distress brought by the insured’s customers, clients, vendors, suppliers and visitors.
* FULL LIMIT INVESTIGATIONS COSTS COVERAGE
Target Risks Decline Risks
CFC have a very broad appetite and can consider all industries (other than Financial Institutions), whether private or publicly listed, with revenues up to $1billion.
* adverse claims history
* financial institutions or risks of a financial nature
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