Contingent Risks insurance
What is Contingent Risks insurance?
Contingent Risks Insurance addresses one-off legal, judicial and legislative risks that may inhibit or prevent completion of transactions, or present undue risk exposure to involved parties.
Key considerations include:
Motivation of the insured
Advice from subject matter expert
Jurisdiction
Loss profile
Attachment point
Why buy Contingent Risks Insurance?
Contingent Risk Insurance protects your business from specific identified risks and potential liabilities, allowing you to proceed with confidence and maintain financial stability.
Fusion provides financial protection to the insured in the event that an identified risk materializes.
The policy protects you against losses resulting from the identified risk.
Risks that we have insured tend to have common fundamental characteristics and be driven by one of the following motivations or benefits:
- Risk Transfer
- Transaction Facilitation
- Legal Compliance
- Financial Protection
- Business Continuity