All Risks

The All Risks policy provides cover for accidental destruction or damage to the insured
property (buildings, contents and stock).
There are three categories of exclusions:

A) Causes which are not insurable in a property policy, such as its own inherent vice,
wear and tear, sonic bangs, trade risks, pollution, settlement of structures, property in the
open, property insured by a marine policy or elsewhere, war and terrorism, radioactive
contamination and consequential loss.

B) Causes which may be insured under another type of policy, such as gradually
operating causes, inventory shortages, empty property, pressure plant, machinery
breakdown, collapse or cracking, computers, motor vehicles, buildings in the course of
erection and livestock.

C) Causes which may be added as buy-backs, such as dishonesty of employees, theft,
subsidence, jewelry, goods in transit, glass, sanitary wear, money, civil engineering works
and trees.
Customer Profile
Three segments:

1. Major Multinational
2. Middle Market
3. Small Commercial

Suitable for Manufacturing, Industrial / Commercial enterprises, Health Care facilities,
Real Estate, Municipalities, Public Utility Corporations and Service Industries.
Value Added / Advantage
Policies are written in clear easy to understand Greek or English.

• Policies offer the same type of coverages as standard UK.
• Each account is underwritten individually.
• No classes of business are excluded from consideration.

Back to Top

Fire and Special Perils (Business Interruption)

The available coverage's for Business Interruption are Fire and Special Perils_ The perils
included in the standard policy are: Fire, Lightning, Explosion, Aircraft, Riot,_dvi, Commotion and Malicious Damage, Earthquake, Storm or Flood, Escape of Water,
Impact, Sprinkler Leak, Explosion or Collapse of Steam Pipes, Vessels, Boilers or Economizers Subsidence.
Customer Profile

Three segments:
1. Major Multinational
2. Middle Market
3. Small Commercial

Targeted classes are Manufacturing, Industrial / Commercial enterprises, Health Care facilities Real Estate, Municipalities, Public Utility Corporations and 
Service Industries.
Manufacturing: including, but not limited to, metal working, cement factories, food
processing, medicine, computer equipment.
Service Industry: including, but not limited to, commercial real estate, hotels, TV and radio
broadcasting, shops, professional offices.

Value Added / Advantage
• Policies are written in clear easy to understand Greek or English.
• Policies offer the same type of coverage's as standard UK policies as they are based on the A.B.I. recommended wording of Standard Fire and Special Perils Policy (Business Interruption).
• Each account is underwritten individually.
• No classes of business are excluded from consideration.

Back to Top

Controlled Master Program

Globalized Property Damage and Business Interruption coverage for Multinational companies. May be written on a program basis, including the jurisdictions of the USA and
Canada. Program would consist of a Master Policy issued to the parent corporation and "underlying" policies issued to the parent corporation's business units in the countries
where they are located.

FEATURES
• Customized Master Difference in Conditions policies to protect the Parent
Companies interest
• Locally admitted policy issuance capability in 130 countries and jurisdictions to
meet insurance needs of client's business units overseas.
• Centralized underwriting control
• Uniform Coverage Worldwide
• Worldwide Risk Engineering service
• Worldwide Claim Service service
• Bulk Purchasing Power
• Large Program Deductibles
• Pre-Cursor to Multinational Programs
• Minimum Program Premium - US $ 500,000
• Flexible premium allocation among the policies comprising the program.

WHO SHOULD BUY THIS
Companies with Multinational exposures and an interest in obtaining uniform coverage for
all operations worldwide from a AAA-rated insurer with the best service capabilities.

Back to Top

Goods in Transit

The Goods in Transit policy indemnifies the insured for any loss or damage to or destruction of the insured property by fire, theft or accidental means, whilst being loaded
upon, conveyed in or unloaded from any vehicle or trailer.

Customer Profile
Targeted classes are Manufacturing Industries, Retail Businesses, Municipalities, Public Utility Corporations.
Light-medium hazard manufacturers: including, but not limited to, metal goods, electronic equipment, beverages.

Value Added / Advantage
• Policies are written in clear easy to understand Greek or English.
• Policies offer the same type of coverages as standard UK policies.
• Each account is underwritten individually.

Back to Top

Net Advantage Security Product

This is an insurance policy that provides coverage for "cyberspace" risks relating to the Internet under a single policy. There are four basic coverage's involved:

• Liability (written by Financial Lines PC)
• Media (written by Financial Lines PC)
• Extortion (shared by Financial Lines and Property)
• Assets & Income Protection (written by Property)

Property Coverages Involved:
• Injury to Data caused by failure of computer system security (e.g., data is destroyed/stolen/corrupted by a hacker, or data is damaged/deleted/destroyed by
a virus/worm); subject to a monetary amount deductible.
• Business Interruption and Extra Expense as respects the Insured's internet business, resulting from failure of system security (e.g., down time due to hacker or virus/worm); coverage is on "actual loss sustained" basis that is essentially the same as provided in a Fore Bl Policy; subject to a waiting period deductible (normally 12 hours or more).
• Contingent Business Interruption and Extra Expense as respects the Insured's internet business, resulting from failure of a supplier's system security (e.g., down
time due to hacker or virus/worm); policy specifies a $100,000 sublimit; subject to a waiting period deductible (normally 12 hours or more.


Back to Top

--------------------------------------------------------