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PrivateEdge

Overview:D&O and Corporate Liability, Employment Practices Liability, Pension Trustee Liability and Crime for partnerships and not-for-profit organisations, as well as private companies.

PrivateEdge for private companies provides flexible and comprehensive protection for directors and companies themselves in today’s litigious business environment.

PrivateEdge for Partnerships recognises how partnership structures may increase the exposures of partners’ personal assets.

PrivateEdge for not-for-profit entities, recognises the onerous duty of care obligations that paid officials and volunteers have in charities, associations and other not for profit organisations.

For full details of New PrivateEdge, see our Product Microsite

Private Companies Back To Top

All Modules:

Worldwide cover. 

Advancement of defence costs

Emergency costs

Employment practices liability for individuals

Cover for investigations and pre-investigations for individuals

Civil fines and penalties where insurable for individuals

Asset and liberty costs for individuals

Public Relations expenses (sub-limited)

Auto-cover for all new subsidiaries (unless listed or US-based)

Bodily injury and property damage defence costs (sublimited for the entity)

Extradition costs for individuals

Unlimited Free legal advice helpline (in the UK) (England and Wales only for PTL)

Whistleblowing hotline

 

DIRECTORS AND OFFICERS:

Reinstate limit for policyholder directors (sublimited)

Lifetime discovery period for all retired directors

 

CORPORATE LIABILITY

Legal costs for alleged pollution, breach of contract, liability for employee theft, identity fraud (sublimited)

 

ENTITY EMPLOYMENT PRACTICES LIABILITY:

Broad “all risk” approach

Employee includes part-time, seasonal, and temporary workers, contractors when indemnified by the company

Claims by third parties for harassment and discrimination

Retention waiver available

Employment and Health and Safety website

 

PENSION TRUSTEES LIABILITY:

12 year discovery period for retired trustees

Company cover for lost or stolen plan documents

Covers monetary awards by the Pensions Regulator and Pension Ombudsman

Reimbursement of a payment made by a plan pursuant to a trustee exoneration clause

Legal advice helpline (England and Wales law only)

 

CRIME

Dishonest acts by employees and third parties occurring prior to and during the policy period and losses first discovered during the policy period

Worldwide cover

Legal fees and reconstitution costs. 

Costs of a Fraud Investigator to investigate losses (sublimited)

Auto-cover for any newly created or acquired private subsidiaries (unless listed or US-based)

 

PrivateEdge for Private Companies Product Profile

Partnerships Back To Top

All Modules:

Worldwide cover. 

Advancement of defence costs

Emergency costs

Employment practices liability for individuials

Cover for investigations and pre-investigations for individuals

Civil fines and penalties where insurable for individuals

Asset and liberty costs for individuals

Public Relations expenses (sub-limited)

Auto-cover for all new subsidiaries (unless listed or US-based)

Bodily injury and property damage defence costs (sublimited for the entity)

Extradition costs for individuals

Unlimited Free legal advice helpline (in the UK) (England and Wales only for PTL)

Whistleblowing hotline

 

Partner Specific

Lifetime discovery period for all retired directors

 

Partnership Liability Specific

Legal costs for alleged pollution, breach of contract, liability for employee theft, identity fraud (sublimited)

 

ENTITY EMPLOYMENT PRACTICES LIABILITY:

Broad “all risk” approach

Employee includes part-time, seasonal, and temporary workers, contractors when indemnified by the company

Claims by third parties for harassment and discrimination

Retention waiver available

 

PENSION TRUSTEES LIABILITY:

12 year discovery period for retired trustees

Company cover for lost or stolen plan documents

Covers monetary awards by the Pensions Regulator and Pension Ombudsman

Reimbursement of a payment made by a plan pursuant to a trustee exoneration clause

Legal advice helpline (England and Wales law only)

 

CRIME

Dishonest acts by employees and third parties occurring prior to and during the policy period and losses first discovered during the policy period

Worldwide cover

Legal fees and reconstitution costs. 

Costs of a Fraud Investigator to investigate losses (sublimited)

Auto-cover for any newly created or acquired private subsidiaries (unless listed or US-based)

 

PrivateEdge for Partnerships Product Profile

Not for Profits Back To Top

All Modules:

Worldwide cover. 

Advancement of defence costs

Emergency costs

Employment practices liability for individuals

Cover for investigations and pre-investigations for individuals

Civil fines and penalties where insurable for individuals

Asset and liberty costs for individuals

Public Relations expenses (sub-limited)

Auto-cover for all new subsidiaries (unless listed or US-based)

Bodily injury and property damage defence costs (sublimited for the entity)

Extradition costs for individuals

Unlimited Free legal advice helpline (in the UK) (England and Wales only for PTL)

Whistleblowing hotline

 

DIRECTORS AND OFFICERS:

Reinstate limit for policyholder directors (sublimited)

Lifetime discovery period for all retired directors

 

CORPORATE LIABILITY

Legal costs for alleged pollution, breach of contract, liability for employee theft, identity fraud (sublimited)

 

ENTITY EMPLOYMENT PRACTICES LIABILITY:

Broad “All Risk” approach

Employee includes part-time, seasonal, and temporary workers, contractors when indemnified by the company

Claims by third parties for harassment and discrimination

Retention waiver available

Employment and Health and Safety website

 

PENSION TRUSTEES LIABILITY:

12 year discovery period for retired trustees

Company cover for lost or stolen plan documents

Covers monetary awards by the Pensions Regulator and Pension Ombudsman

Reimbursement of a payment made by a plan pursuant to a trustee exoneration clause

Legal advice helpline (England and Wales law only)

 

CRIME

Dishonest acts by employees and third parties occurring prior to and during the policy period and losses first discovered during the policy period

Worldwide cover

Legal fees and reconstitution costs. 

Costs of a Fraud Investigator to investigate losses (sublimited)

Auto-cover for any newly created or acquired private subsidiaries (unless listed or US-based)

 

PrivateEdge for Not For Profits Product Profile