Financial Insurance

Need financial insurance for your business but don’t know where to start? Are you confused with the plethora of options available? Leave your insurance worries to the specialists! With over 20 years of experience in the financial insurance market, we are “specialized” insurance brokers. We will help you find the right cover at the best price on the market.

No. Izin Usaha : Kep-304/KMK.017/1994
No. APPARINDO : 036-1992/APPARINDO/2024

Financial Insurance

Businesses need insurance to protect themselves from losses that could potentially cripple their company. Financial institutions are no exception. They are a vital part of the economy as they provide important services to both businesses and consumers. In fact; banks, credit unions and other such financial institutions need insurance more than most other businesses. This is because they are constantly dealing with large sums of money. Since these industries are also high-risk, they require specialized insurance products in order to protect them from potential losses. One way to protect these industries is to ensure that they have appropriate insurance coverage. Insurance can help protect financial institutions from a variety of risks, including natural disasters, cyber-attacks and employee dishonesty.

When a business is created, the owner(s) hope for many years of success. Along with this success, there are certain risks that are associated with running a company. One way to help protect the business from some of these risks is through financial insurance. There are a few different types of financial insurance that businesses can purchase. Directors & officers (D&O), Fidelity Guarantee and Intellectual Property are some of the most common. Each type of insurance has its own purpose and can help protect the business in different ways.

Types of Policies

A company’s directors and officers (D&O) can be held liable for mistakes or wrong doings that occur in the course of their work. This type of insurance can help protect them from personal financial damages in the event of a lawsuit. D&O policies typically cover legal costs and damages awarded in a lawsuit, up to a certain limit. They can also provide protection for the individual directors and officers themselves, in the event that they are sued personally. The cost of D&O insurance varies depending on the size and riskiness of the company, as well as the coverage limits chosen. It is important to note that not all companies are required to carry D&O insurance – it is typically only necessary for public companies or those with significant shareholder risk.

Fidelity Guarantee insurance is a type of risk coverage that companies can purchase to protect themselves from the financial damage that could be caused by the dishonest or fraudulent actions of their employees. One of the most common types of financial insurance is fidelity insurance, which provides protection against losses resulting from employee theft or embezzlement. Fidelity guarantees provide peace of mind for business owners who are concerned about the security of their finances. When it comes to choosing a fidelity guarantee, there are several things to consider. First, you’ll need to decide how much coverage you need. The amount of protection you choose will depend on the size and nature of your company, as well as the risk level associated with your specific industry.

Intellectual Property (IP) insurance is a type of financial insurance that provides companies with coverage in the event that their intellectual property is stolen, infringed upon, or otherwise compromised. The coverage can help to pay for the costs associated with pursuing legal action to protect the IP, as well as any damages that may be awarded as a result of a successful lawsuit. Intellectual Property insurance is becoming an increasingly popular way for companies to protect their valuable assets. The coverage can provide peace of mind in the event of a theft or infringement, and can help to ensure that the company’s intellectual property is not compromised.