Loss of Profits

This type of cover is also known as Consequential Loss or Business Interruption. The Fire & Perils policy excludes consequential loss, so a separate Loss of Profits policy is required. Loss of profits following a major loss, like a fire or hurricane, is often responsible for putting a business out of operation if Loss of […]

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Employers Liability

The days when employees were reluctant to sue their employers for injuries received on the job are long gone. Anyone employing anyone needs protection against this risk. Such protection is provided by an Employers’ Liability Policy, which gives you an indemnity against legal liability for damages and claimants’ costs and expenses in respect of bodily […]

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Public Liability

Your company needs protection against claims for personal injury and property damage by members of the public, for which you are allegedly legally liable. As Bahamian society becomes more litigious, the frequency and severity of such claims can only be expected to increase. Public liability insurance cover provides the protection that you require. Premiums To […]

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insurance

Insurance in The Bahamas

The insurance industry in The Bahamas is divided into two distinctly separate markets: Domestic Market – insurance of local risks by locally-owned or foreign-owned insurers International [Captive] Market –  the insurance of foreign risks by foreign-owned insurers working through The Bahamas The domestic market is surprising large for a country with little more than 300,000 […]

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