Commercial Insurance

Provides protection to farmers and agricultural producers against crop failure, livestock death, or other agricultural risks.

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Without adequate agricultural insurance, farmers may be at risk of financial ruin in the event of a catastrophic event, which could impact not only their livelihoods but also the food security and stability of the broader economy. By having agricultural insurance in place, farmers can manage their risks more effectively and have greater confidence in their ability to weather unexpected events and continue to provide food and other agricultural products to their communities.

A specialised insurance product developed by Optimum, for heavy commercial vehicles. The product is ahead of its time, and developed to achieve the goals of trucking and logistics  companies in an efficient and economic way. 

HCV Cover provides fixed value, fixed excess, fund structuring and access to Optimum Assist.

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Goods-in-transit with driver fidelity and cover for quality loads are customised to suit the needs of each unique business. 

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Additional services to this product include risk mitigation, trade credit and liability and special risks cover.

Drone insurance for professional drone pilots provides coverage for potential damages or liability claims resulting from drone operations, including third-party bodily injury, property damage, and theft or loss of the drone.

Provides coverage for ships, cargo, and other marine-related risks, including losses or damages that occur during transport by sea, air, or land.

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The importance of having marine insurance in place is that it can help protect the owner or operator of the vessel and/or the cargo from financial losses resulting from accidents, piracy, theft, natural disasters, or other unforeseen events. It can also provide coverage for third-party liability claims, salvage and recovery costs, and legal fees associated with maritime disputes. Without adequate marine insurance, individuals and businesses operating in the marine industry could be exposed to significant financial risks, which could have a negative impact on their operations and overall financial well-being.

Insurance products for the tourism industry, including tour operators, travel agencies, hotels, resorts, and other businesses that serve tourists. It can provide coverage for a range of risks, including property damage, liability claims, cancellations, and other unforeseen events that can impact the operations of a tourism business.

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Tourism Insurance can help protect the business and its assets from financial losses resulting from unexpected events such as natural disasters, cancellations, terrorism, or accidents. For example, if a tour operator is forced to cancel a trip due to unforeseen circumstances, tourism insurance can provide coverage for lost revenue, refunds to customers, and any additional costs associated with the cancellation. Additionally, if a customer is injured or suffers property damage while on a tour or staying at a hotel, tourism insurance can provide coverage for any resulting liability claims.

Aviation insurance is designed to protect aviation businesses, including airlines, aircraft manufacturers, and airports, from financial losses resulting from accidents, damage to property, and liability claims.

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There are several types of aviation insurance policies available, including hull insurance, which covers physical damage to the aircraft, and liability insurance, which covers damages that may be incurred by third parties as a result of the aircraft's operation. Other types of coverage may include war risk insurance, loss of use insurance, and product liability insurance.

Protects a business from financial losses resulting from legal claims and lawsuits filed against it by third parties. It provides coverage for damages that the business may be held liable for, including bodily injury, property damage, and personal injury.

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There are several types of liability insurance policies available, depending on the specific risks that a business faces. For example, general liability insurance provides coverage for a wide range of potential risks, such as slip-and-fall accidents, product liability claims, and advertising injuries.  Professional liability insurance, also known as errors and omissions (E&O) insurance, protects businesses that provide professional services, such as doctors, lawyers, and accountants, from claims of negligence, errors, or omissions.

Provides coverage for losses resulting from cyber attacks, data breaches, and other forms of cybercrime. Cyber insurance policies typically cover a wide range of expenses associated with a cyber incident, including the cost of investigating the incident, legal fees, public relations and crisis management, and compensation for affected parties.

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Cyber insurance is an essential component of risk management for businesses that rely on technology and the internet to conduct their operations. This includes businesses of all sizes and industries, from small retail shops to large multinational corporations. Cyber insurance is particularly important for businesses that collect and store sensitive data, such as customer information, payment data, and intellectual property.

Engineering insurance is designed to protect businesses that work in the engineering sector, such as engineering consultants, contractors, and manufacturers, from financial losses resulting from accidents, errors, and omissions.

Engineering insurance can cover a range of risks, including:

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1. Construction and erection risks: This type of insurance covers losses that occur during the construction or installation of a project, including damage to materials, equipment, and tools, as well as injuries to workers.

2. Machinery breakdown: This type of insurance covers losses that occur as a result of a mechanical or electrical breakdown of machinery, such as manufacturing equipment, generators, or boilers.

3. Professional indemnity: This type of insurance covers losses that occur as a result of errors, omissions, or negligence in professional services provided by engineers, such as design work or consulting services.

A business should have engineering insurance in place when it is involved in engineering projects that carry a significant level of risk. This includes businesses that work in construction, manufacturing, energy, and infrastructure development. In general, businesses that design, install, or maintain complex machinery and equipment are at a higher risk of losses resulting from accidents or malfunctions.