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CHEMICAL INDUSTRY
Helping you prepare for the unexpected
Chemical businesses operate in a fast-changing environment. The high volatility of raw materials, product innovation, the need for differentiation, mergers and acquisitions, the impact of natural events and the perpetual pressure from regulators are some of the main factors affecting the industry.
The chemical industry has traditionally dealt with a wide range of risk issues that emanate from the nature of its products and processes, including but not limited to the following:
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Fire Safety - catastrophic exposures due to fire, explosion, toxic release, earthquake, flood etc
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Workforce safety and occupational disease
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Product Safety / Product Recall
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Legacy Liabilities
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Intellectual Property Infringements
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Class-action lawsuits
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Regulatory and Compliance issues
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Environmental exposures from chemical spills
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Transportation of hazardous materials
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Pollution and Contamination
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Machinery breakdown
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Security and Terrorism
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Supplier / Distributor dependencies
CHEMICAL STORAGE
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We can design an insurance programme with specially negotiated clauses to protect your business, your clients and the public.
Key types of insurance include:
Property Damage
Cover for loss of or damage to buildings and/or contents caused by an insured peril, loss of business income following property damage, "all risks" cover on specified items, electronic equipment, money, terrorism, goods in transit, personal accident and legal expenses.
Employers Liability Insurance
Protection for your business against claims made by employees who have suffered bodily injury or disease arising from and in the course of their employment.
Public/Products Liability Insurance
Protection for your business against claims from a client, customer or member of the public for death or bodily injury and/or loss of or damage to their property.
Professional Indemnity Insurance
Covers your legal liability arising from your professional services in the event that a client or third party suffers a loss as a result of your professional negligence.
Motor Fleet Insurance
Provides cover for loss of or damage to your own vehicles and third party liability for death, bodily injury and accidental damage to property
Cyber Liability
Covering financial losses resulting from data breaches and other cyber events. The data may belong to customers, clients, employees or other parties.
Cover is available for first-party losses (own expenses) and liability to third parties. The data may belong to customers, clients, employees or other parties.
Cover may be extended for first party losses following theft and fraudulent acts through electronic means.
Crime Insurance
Cover for any financial loss arising from an act of fraud or dishonesty committed by an employee acting alone or in collusion with others.
Risk Consulting
Risk Assessments, Supply chain resilience, Claims Advocacy, Mergers and Acquisitions Due Diligence, Security Assessment, Property Surveys, High staff turnover / absences
Speak to our specialist team of advisers about your insurance options
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Alternatively, you can send your completed application form here
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