Strategy Consultant Insurance

An accountant introduced me to a consultant helping corporates in the oil and petrochemical industry manage their strategic decision making process. Their concern was that the contract conditions insisted that they had appropriate liability insurance and they may have to defend allegations of errors or omissions in their advice.

Following the subsequent search options were presented and the exclusions were made clear. The client chose a policy covering public liability and employers’ liability. Indications of premium were discussed for other areas of concern and these will be revisited when contracts are won at a later date. Travel Insurance was subsequently arranged to cover the directors, their families, the employees and incidental leisure travel.

The client now has the protection that they desire with the reassurance that the insurance company understand their business and the extent of their liabilities. The documentation was delivered by hand to ensure travel assistance packs were in the hands of those that were due to travel.

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