Additional Insurance

If you have a private company then you should consider management liability cover.  As well as protecting your physical assets, you should think about protecting your financial assets.   

In simple terms, this policy is designed to provide cover for directors and employees involved in managing your business for just that – their decisions or actions in managing the business where there is an allegation for a wrongful act bought against the individuals, or business itself.   

The policy can be tailored to include: 

• Directors and Officers  
• Employment Practices Liability - employment related issues eg harassment or unfair dismissal 
• Statutory Liability - fines or penalties from statutory authorities eg OH&S 
• Crime – cover for dishonest acts eg theft or fraud by an employee 

Most clinics obtain confidential and personal information from their clients as well as have websites and social media accounts and should therefore consider Cyber Liability cover as they could be vulnerable to cybercrime or accidental data breaches. 

Cyber insurance can help cover financial losses to your business following a cyber security breach.  Depending on the situation, you may be up for the cost of ransoms or IT services to unlock and repair your systems. You could also be liable for the costs of reporting the breach, legal claims, and remediating any losses suffered by your clients if their personal information is obtained and worse, shared. 

This could be devastating to the reputation of your business. We encourage all our cosmetic and beauty clients to consider this cover. 

 We are starting to see more and more cosmetic nurses and beauty professionals operating home clinics.  Many insurers will not provide cover for your home if you are operating a business from the home, especially when handling schedule 4 products.  We can assist in not only arranging the business insurance but also cover for your home.