First party loss -
covering acts of negligence
Mistakes are only human and they happen every day. Even in our everyday business professional malpractice by acts of negligence or carelessness of the staff are hardly avoidable. However, the liability insurance assumes only the damage to third parties, but not the damage caused to your company yourself.
This can be avoided by a own-damage insurance and damages generated for the company can be covered. The following damages can be included for example
- hacker attacks and related restoration costs of the company's own website,
- faulty tenders,
- contracts to third parties (scatter, printing or other production orders), which do not run correctly due to own faults,
- incorrect accounting
- exceedances of limitation periods
We determine with you the potential damage and risks to your business and find the suitable insurance coverage.