Liability Insurance

Liability

Despite implementing security measures and organising business procedures, errors can occur in workplaces where people are involved. To mitigate existential threats, we advocate for comprehensive general liability insurance. With extensive experience in this domain, GrECo assists you in effectively managing your liability risks.

Liability insurance policies include and cover legal costs and potential payouts an insured party is responsible for if they are found legally liable. The insurance protects you against all demands which derive from the premises such as environmental damages or industrial accidents. Furthermore, the insurance covers consequential damages of defective products.

However, like any other insurance product, liability insurance policies come with their own set of potential risks. Coverage gaps claim denials, premium increases or insufficient coverage limits are just some of the potential issues that can arise with liability insurance. With GrECo professionals on your side, you can count on assistance at every step of the insurance process. We will represent your interests and protect you from any risks coming with liability insurance.

GrECo has longstanding experience in this area and supports you in the analysis of your liability risks. Businesses of all sizes need a long-term insurance partner with industry experience and capacity, as well as a strong presence in the CEE region. That is exactly what you will find while cooperating with seasoned professionals at GrECo. You can expect solutions tailored specifically to your business and industry.

We provide value in multiple ways for our clients.

To run your business, it is important to have a proper understanding of liabilities which might affect your business. Risk dialogues which are regularly held with our experts lead to a better understanding of those risks and are the basis for tailor-made insurance solutions.

Contracts often contain liabilities that go beyond the statutory liability as well as specifications for insurance coverage. It is we who figure out if your insurance contract covers those liabilities and meets the insurance requirements. If this is not the case, we support you in finding alternative solutions.

Businesses of all sizes need a long-term insurance partner with industry experience and adequate capacity as well as a strong international presence. We have longstanding experience in finding the insurance carrier which meets your needs to the largest extent.

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Thomas Herndlhofer

Practice Leader Liability

T +43 664 822 20 59