What the programme should address

General liability

Third-party bodily injury and property damage.

Professional indemnity

Financial loss arising from professional services.

Product liability

Injury or damage caused by supplied products.

Management liability

Claims involving directors, officers and company decisions.

Risk review priorities

• Map services, products, territories and claimant groups.
• Review contractual indemnities and limitation clauses.
• Confirm insured entities and professional service definitions.
• Align occurrence and claims-made policy periods.
• Preserve incident and contract evidence.

Scenarios to test

1. A product defect causes injury in several markets.
2. Advice produces a client financial loss.
3. A regulator and investors challenge management disclosure.
4. A contractor injury triggers multiple indemnities.

For each scenario, identify the affected policy, trigger, deductible, sublimit, waiting period, recovery time and uninsured amount. Treat any gap as an explicit retained risk rather than an assumption.

How Kompetenz supports the placement

We translate operational and contractual information into a structured insurance submission, compare policy wording across markets and help establish a claims-ready programme with clear responsibilities.

Conclusion

Liability insurance should be designed around legal responsibility, contract allocation and the cost of defending complex claims.

Next step: Request a tailored Business insurance review from Kompetenz.