Being a director or an officer of a company can place individuals at high personal risk. Directors' personal liability for the legal and correct performance of their fiduciary duties to their companies is unlimited, but unlike companies, directors cannot hide behind limited liability - ultimately all of their personal assets are at risk.

Furthermore, directors are "jointly and severally liable" - the actions of one are the legal responsibility of all. Those in non-executive roles are equally liable. Some say that they are even more exposed in view of their limited involvement with the day-to-day business of the company. If a company, shareholders, creditors or anyone believes that they have suffered a loss as a result of a wrongful act by a director, or they believe fiduciary or contractual duties have been contravened, they can sue no matter how spurious the claim or allegation may be.

In recent years, there has been a dramatic rise in the incidence of claims, and the trend continues upwards with the aid of a legal community that remains ever ready to advise would-be litigants.

UPI Brokers provides Directors and Officers Liability products to clients from reputed insurance companies offering wide coverage and having experienced claims teams.

Our policy includes protection for the directors and officers :

• Of the insured
• Of all subsidiary companies including those acquired or created during the period of the policy
• Whilst on outside boards

We also provide extensions of cover for the following:

• Civil sanctions
• Official investigations
• Crisis management
• Risk management
• Employment practices
• Retired directors
• Severability
• Punitive and exemplary damages
• Run-off cover
• Entity Securities(for listed companies)
• Additional limit for non-executive directors
• Insured Versus Insured Extension.

UPI Brokers assists in providing one of the most comprehensive Directors and Officers Liability products in the market, designed to meet the needs of clients in Kuwait & the region.

People receiving medical treatment today have high expectations and a greater awareness of their rights to quality care. If these are not met, they are more likely than ever to seek redress through the courts. As litigation against the medical profession continues to grow and the resultant awards become larger, many of those working in this field are finding it increasingly difficult to find both affordable and comprehensive insurance. This is an area where expert impartial advice is essential.

UPI Brokers has expertise in the field of medical malpractice, and is well placed to offer specialist guidance and inde-pendent advice. Our experts deal with both all businesses related to medical on an individual or group/corporate basis. We have strong insurer relationships, so are able to present each case effectively, ensuring the premium paid accurately reflects the risk. We also have an expert in-house claims team which provides support, advice and acts only in your interests.

We provide specialist cover for:

• Health authorities
• Medical associations
• Hospitals, public and private sector
• Clinics
• Medical practitioners, surgeons and dentists
• Supplementary medical practitioners, paramedical, opticians and nurses
• Complementary medical practitioners, e.g. acupuncturists and homeopaths

Using a range of insurers, we are able to arrange medical malpractice cover on a worldwide basis with limits of indemnity to suit individual risk. Cover includes:

• Errors & Omissions
• Public Liability
• Protection against Libel and Slander
• Cover for Loss of Documents
• A range of Run Off options
• Access to a range of helplines
• Supplementary legal expenses cover

Professional indemnity insurance, also called professional liability insurance and under some occasions errors & omissions , is a form of liability insurance that helps protect professional advice- and service-providing individuals and companies protection against defense cost associated with a negligence claim made by a client, and damages awarded in such a civil lawsuit. The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are potential causes for legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm. Professional liability coverage sometimes also provides for the defense costs, including when legal action turns out to be groundless. Coverage does not include criminal prosecution, nor a wide range of potential liabilities under civil law that are not enumerated in the policy, but which may be subject to other forms of insurance. Professional liability insurance is required by law in some areas for certain kinds of professional practice (especially medical and legal), and is also sometimes required under contract by other businesses that are the beneficiaries of the advice or service.

Professional liability insurance may take on different forms and names depending on the profession. For example, in reference to medical professions it is called malpractice insurance, while professional indemnity insurance is used by insurance agents, consultants, brokers and lawyers.[1] Other professions that commonly purchase professional liability insurance include accounting and financial services, construction and maintenance (general contractors, plumbers, etc., many of whom are also surety bonded), and transport.

Product liability insurance protects the business from claims related to the manufacture or sale of products, food, medicines or other goods to the public. It covers the manufacturer's or seller's liability for losses or injuries to a buyer, user or bystander caused by a defect or malfunction of the product, and, in some instances, a defective design or a failure to warn. When it is part of a commercial general liability policy, the coverage is sometimes called products-completed operations insurance.

Liability insurance basically covers the legal liability arising during the course of business arising from bodily injuries whether fatal or non fatal &/or damage to properties caused to others. It protects the insured in the event he is sued for claims that come within the coverage of the insurance policy.

Liability insurance is offered in many different formats and under various names including 3rd party liability insurance, general liability insurance, and commercial liability insurance….etc. Each of the liability formats of cover available in the market provides for different terms and conditions, as well as exclusions.