Financial Lines

Tata AIG's Financial Lines offers global, state-of-the-art liability insurance products combined with local expertise to the Indian corporate sector. Today's corporate environment is characterized by increased sensitivity to Corporate Governance issues, stringent client contracts, demanding stakeholders and an increased need for protection against fraud. This necessitates companies to protect themselves against a wide range of exposures arising out of the dynamic nature of business. Tata AIG recognizes this and offers varied solutions including Directors & Officers Liability Insurance (D&O), Professional Indemnity/ Errors and Omissions Insurance (PI/E&O), Public Offering of Securities Insurance (POSI) and Crime/ Fidelity Insurance.

• Main Policies
  • Directors and Officers Liability Insurance (D&O)
    Provides protection for claims brought against directors, officers and employees for actual or alleged breach of duty, neglect, misstatements or errors in their managerial capacity.
  • Professional Indemnity/ Errors and Omissions Insurance (PI/E&O)
    Provides protection for claims brought in respect of negligent acts, errors or omissions in the performance of professional services.
    
    Tata AIG provides customized insurance policies including sophisticated insurance solutions for :
    
    • Information Technology companies
    • Call Centres / Business Process Outsourcing companies
    • Financial Institutions
    • Media companies
    • Consultants
    • Law firms
    • Others professions
  • Public Offering of Securities Insurance (POSI)
    

    Provides protection for the company and its directors, officers and employees for securities claims brought against them in connection with an offering of securities.

  • Crime / Fidelity Insurance

    Provides protection to businesses against the consequences of employee fraud, dishonesty and theft.

    
    

    Note: For complete details on policy coverage and interpretation, please refer to the policy wording.



• USPs of Financial Lines:
  • Pioneers of liability insurance internationally and in India
  • Technical expertise
  • Product innovation
  • Access to expert counsel of lawyers across the globe
  • Capacity for large insurance programmes

  For any specific queries on the above liability insurance solutions, please email us at liability.insurance@tata-aig.com