|Commercial and Corporate Insurance Covers
||Running a business is a challenge, and often involves putting your own finances at risk. At Aon Isle of Man we offer protection for large and small businesses against unexpected events and design your insurance programme around your individual needs.
||Cyber is one of the fastest growing risks for companies. Cyber insurance is designed to support and protect your business if it experiences a data breach or is the subject of an attack by a malicious hacker that affects its computer systems. Policies can include assistance and management when an incident takes place. Aon have developed a solutions framework to help clients identify, address and respond to their unique cyber risks. Further information can be found at the following link: http://www.aon.com/risk-services/cyber.jsp
|E-gaming solutions including Player Protection and Prize Indemnity
||The gaming world requires specialist knowledge and cover. We offer a wide range of solutions including specialist Directors & Officers cover, Insured or ILS backed Prize Indemnity and Aon’s exclusive Isle of Man GCS approved Player Protection cover as an alternative to matched funding held in the bank.
||If your business provides professional advice, offers consulting services, or handles data for a client, then you could benefit from Professional Indemnity insurance cover which can protect your business against professional negligence on a civil liability, defence costs, loss of documents or data, unintentional breach of copyright and/or confidentiality and libel and slander. Insurers can offer a wide range of options designed to protect your financial stability.
Even if you didn’t do anything wrong, the cost of defending your reputation can be steep and Professional Indemnity insurance will make sure that these costs don’t harm your business.
|Directors & Officers Liability Insurance
||In an increasingly litigious world, your company’s officers and board of directors are personally at risk of incurring financially devastating lawsuits. To attract top-tier talent, you must provide protection from these risks, giving your officers and directors the freedom to use the initiative, vision and business strategy you hired them for.
Aon will help you design and implement a directors and officers liability insurance policy that fits in with your business, by identifying your corporate and personal exposures to liability. Our solution helps you minimise risks.
We deliver solutions based on nearly 20 years of experience. In fact, Aon professionals first developed many directors and officers insurance products that are now industry standards.
|Property and Business Interruption Insurance
||Cover for buildings and contents of your property including furniture, machinery, equipment and stock. Business Interruption pays for the loss of business income for a specified period of time following loss or damage to property and can cover wage roll to ensure you can retain your staff.
||Construction risks can be complex and significantly varied under contract. Our dedicated expertise can assist with Contractors All Risks, Professional Indemnity, Employers and Public Liability Own & Hired in Plant, Advanced Profits, Delay in Start-up, Rights to Light, Building Guarantee, Title Risks and Contract reviews.
|Global Insurance Programmes
||Through our network of over 600 offices across the world we can handle your insurance needs wherever you may be. We own our office network and can guarantee our service standards ensuring that even your smallest international location receives Aon’s high quality service standard. Covers can be coordinated worldwide into a consistent level of worldwide cover including local policies where required by local law.
||Employers, Public & Products liability are standard covers but policy wordings and exclusions can vary significantly. We can help you understand whether specific cover extensions are required such as financial loss you may cause without injury or damage or damage to property in your custody or control neither of which are typically covered by standard policies. Aon have agreed specific enhanced policy wordings with a number of insurers which can provide wider cover at no additional cost.
|Marine & Transit Insurance
||If you are importing, exporting or moving goods it is likely that you’ll want to cover loss or damage to your goods. Hauliers typically provide very limited cover and only where they are liable under the terms of carriage. We can arrange wider cover including loss or damage for which the haulier is not responsible. Cover can include rejection risks and can be based on sales values even whilst in storage.
|Mergers & Acquisitions
||Significant sums can be involved and there can be many hurdles to overcome. Aon can help ring-fence or eliminate liabilities that can devalue or risk a deal falling through. Options include buying out historic liabilities, Warranty and Indemnity cover to include the purchaser as loss payee, closure of SPV’s, tax liability or litigation buyout, insurance due diligence and many other deal specific covers.
||Blanket cover designed to simplify administration and minimise motor insurance premiums. We can offer enhanced cover often at no cost. Companies can overlook employees who use their own cars for business. This can be as simple as dropping off papers on the way home and is an issue if the employee does not have business use cover under their own insurance.
|Retail & Leisure
||Specialist Aon policy wordings are available for the retail and leisure sector without exclusions for legionnaires disease or abuse claims. Cover can be to your specific needs rather than you having to fit into a scheme with exclusions and conditions that do not reflect the unique position of our island.
|Corporate Service Providers
||Regulatory compliant Professional Indemnity cover and Directors & Officers Liability specifically designed to protect CSP’s. Cover can protect Staff sitting on the boards of Client Companies and can be extended to cover Regulatory actions against the company itself. Mitigation costs can be included to cover the agreed costs of avoiding a claim.
|High Net Worth
||Specialist buildings and contents cover for High Net Worth individuals including overseas properties, fine art collections, museum and other exhibitions cover ‘nail to nail’. Low excess levels for earthquake zones such as Portugal. Cover available for staff to meet statutory obligations.
||Property owners can benefit from our specialist policy wordings providing enhanced covers, tenant certificates, non-damage business interruption cover and Aon terrorism facility for extremely cost effective cover.