In today's world, due to the diversity of existing risks with their respective requirements, specificities and responsibilities, Hiscox has developed a Professional Civil Liability policy - Condominium Administrators. This insurance is aimed at professional condominium managers.
The purpose of this insurance is to cover the insured against their civil liability to clients and other third parties for damage caused as a result of professional error, omission or negligence.
Hiscox insurance stands out for:
- Professional errors and/or omissions
- Costs of reconstituting or replacing documents or data
- Claims for infringement of third party rights, such as copyright
- Claims for breach of trust or misuse of third parties' confidential information
- Costs related to accusations of defamation or injury to someone's honor and reputation
- Client defense and costs
- Financial damage caused to the Insured themselves by acts of dishonesty by employees.