Many executives purchase indemnity insurance to protect their deferred compensation plans against company claims orbankruptcy. Other professions,such as contractors, consultants, and maintenance professionals, carry indemnity insurance as a practical matter due to their exposure to failure to perform claims. ...
Indemnity insuranceis a way for a company (or individual) to obtain protection from indemnity claims. This insurance protects the holder from having to pay the full sum of an indemnity, even if the holder is responsible for the cause of the indemnity. Many companies make indemnity insurance a ...
This article presents a case study of the benefits derived by the company Nationwide Indemnity from using The Innovation Group's (TiG) long-tail exposure solution. The impact of complex long-tail asbestos and environmental (A&E) claims on insurance companies has increased, but legacy claims are...
Indemnified Claims shall include any and all claims, demands, suits, causes of action, judgments and liability of every character, type or description, including all reasonable costs and expenses of litigation, mediation or other alternate dispute resolution mechanism, including attorney and other profes...
Policy #: TBD Period: December 21, 2000 - December 21, 2001 Coverage: Excess Liability XXXXXX INDEMNITY INSURANCE COMPANY Insured: AMI Spinco, Inc. In the event that the Person seeking indemnification under Section 3.4A (the "XXXXXX INDEMNIFIED PARTY") shall suffer an indemnifiable Claim or ...
Customised insurance to cover your assets and associated risks Read more » Commercial Liability Protection against liability claims for third party bodily injury and property damage Read more » Management and Professional Liability Protection against the exposures of running your company. E.g. direct...
indemnity insurance损失补偿保险 indemnity同义词 n. 补偿,[经]赔偿;保障;赔偿物 compensation,satisfaction,offset indemnity词源中文解释 15世纪中期, indempnite,“免受损害、损失等的保障或豁免”,源自14世纪的古法语 indemnité,来自晚期拉丁语 indemnitatem(主格 indemnitas)“损害保障”,源自拉丁语 indemnis “未...
As one of the UK’s leading insurance brokers for this class of business, we can build a legal indemnity policy to meet your needs. We are on hand to provide advice if your project or development is subject to restrictive covenants, or has issues around rights to light. SHARE...
Insurance companies are required to set up and operate a digital system for processing medical indemnity insurance claims, which can be managed directly or through a third party agent prescribed by Presidential Decree, taking into account the requisite “public interest, security requirements, and exper...
Liability insurance is a form of indemnity that specifically covers the insured party against claims resulting from liabilities to third parties, such as bodily injury or property damage. 10 How do businesses manage liabilities? Businesses manage liabilities through various strategies, including insurance,...