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Statutory Liability

The ramifications of legal action against a company or its directors can be a daunting and expensive exercise potentially impacting significantly on trading.

Again aibGROUP has expert advisors to assist in providing protection for such situations. Statutory Liability Policy provides protection to businesses for:

  • Defence costs associated with alleged breaches of the Building Act, Consumer Guarantees Act, Fair Trading Act, Privacy Act and most other statutes affecting commercial activities. Notable exceptions are police prosecutions and taxation legislation
  • The costs of representation at an investigation or inquiry
  • Any fine or cash penalty payable by the insured following conviction for an offence under the insured statutes, except under the Health and Safety in Employment Act

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Cyber Protection

Increasing reliance on and the use of data transfer across electronic platforms is a fact of business life. Internet loss or the inappropriate use of…

Internet Liability

Policies have been designed to protect a business or individuals against claims arising from the use of the internet or email. Discuss with an…

Professional Indemnity

No more prudent example of the¬†aibGROUP's "Certainty through Adversity" is where a company or¬†professional can be legally challenged over business…