Commercial insurance

There is a great variety, especially in the field of commercial insurance. Whether it is a service, production or handicraft business, depending on the field of activity, the self-employed, start-up entrepreneur or entrepreneur should think carefully beforehand about which operational risks need to be hedged. As an independent insurance broker from Berlin, we would be happy to help you with an individual risk analysis. The following insurances are also justified and are absolutely necessary for some companies.

We are not just a specialist in asset accumulation and insurance optimization. We also offer tailor-made solutions for commercial property insurance and thus ensure lower insurance premiums with the best conditions for the protection of your company.

Convince yourself of our extensive range of services and let us review your current property insurance contracts free of charge. There are two ways of doing this: make an appointment with us for a personal consultation or leave us your insurance documents for a short period of time so that we can get an up-to-date picture of your company’s coverage. You will then receive a detailed inventory analysis from us with optimization suggestions and non-binding suggestions for savings. We would be happy to add your existing policies to our portfolio. This means that you only have one contact person for your entire commercial insurance. Savings of 10 to 40 percent are regularly possible.

As an active partner who is always at your side for dialogue and who always has an open ear for your wishes. Our goal is not your short-term profit, but your long-term satisfaction.
Very important: We are not a bank and we do not have our own investment products. We are exclusively an independent consultant who creates wealth and thus the future for and with his clients. We will inform you about the best ways and possibilities for a successful capital accumulation and help you with every step. We look forward to the common path.

Public liability

The liability for a company or the so-called business liability insurance (BHV) is one of the most important commercial insurances and is structured in a similar way to private liability insurance only with extended conditions for the special commercial area. The company or the individual entrepreneur is also liable for damage caused to a third party or another company through its own operational activities.

As a rule, however, corporate liability insurance does not cover private individuals, only the company, the trader (freelancer, individual entrepreneur) or the craftsman. However, there are options for expansion, whereby one can also insure private liability risks in the BHV. However, this is only recommended in a few cases, as in most cases the conditions for private insurance have gaps and therefore the separate conclusion of a private liability insurance is recommended.

In general, the conclusion of a company detention is voluntary. However, there are legal regulations for some occupational classes. Thus, the conclusion of professional liability for doctors, financial advisors or tax advisors is required by law.

From a statistical point of view, a large part of the damage is primarily caused by the staff. The insurance cover therefore not only extends to the individual policyholder as an entrepreneur, but also to the entire workforce. However, damage caused to the employee during leisure time or on the way to work is not covered by public liability. In these cases, the employee’s own private liability insurance applies. What many do not know is that business liability insurance also functions as a small legal protection insurance. Claims from third parties to the company are always checked for correctness and unjustified claims are warded off.

As a business expert and insurance broker, we would be happy to advise you personally on all questions in our premises at Alexanderplatz in Berlin, or by phone or Skype.

Financial
loss liability: self-employed persons and companies that cause damage due to their professional activity are obliged to pay compensation. The financial loss liability insurance (or VSH for short) includes liability protection for companies or freelancers in the service sector, in particular for legal and natural persons who, for professional reasons, perceive foreign interests and act in an advisory, appraisal, auditing, administrative, enforcing or notarizing manner.

In the case of consultants, advertising companies, property managers and many service providers, insurance cover is often not sufficient with conventional professional or company liability insurance, as financial losses are not comprehensively covered. It is therefore advisable to take out additional financial loss liability insurance in this case. It is known that personal injury and property damage can be very costly. The resulting financial losses can also run into the millions. If such a case of damage occurs, this can mean the end of work for the self-employed person or the insolvency of the company. In the worst case, you are even liable with your private assets, for example if you work as a sole proprietorship and are not subject to any liability umbrella. This can then lead to personal bankruptcy and thus to financial ruin and the loss of private assets. We therefore recommend carefully checking whether an existing financial loss liability insurance policy guarantees sufficient coverage or whether your company is insured against financial loss.

We offer you unique coverage concepts to protect against financial loss for various professional groups. Our special concepts are always tailored to the individual needs of your company.

IT liability insurance:
An error in a software or IT project can quickly result in high financial losses. The IT business concepts protect your activity in this sector or your entire IT and telecommunications company. The insurance cover extends to all risks from company and product liability, especially in the case of financial losses.

Organizer liability:
Veranstalter tragen die volle Verantwortung für aller eingesetzten Mitarbeiter und Besucher bei der Durchführung von Veranstaltungen. Dies gilt für die Vorbereitung, Überwachung und der tatsächlichen Durchführung der Veranstaltung. Eine noch so geringfügige Unachtsamkeit kann Schadensersatzansprüche gegen den Veranstalter mit sich bringen. Eine Veranstalterhaftpflichtversicherung schützt Veranstalter vor finanziellen Schadensersatzansprüchen während und nach der organisierten Veranstaltung bei eingetretenen Personen-, Sach- und Vermögensschäden. Auch der Schutz vor den Schadenersatzansprüchen Dritter wird von den meisten Versicherern abgedeckt. Unsere individuellen Veranstalterhaftpflichtlösungen können Sie und Ihr Unternehmen sich zwar nicht vor dem Schadenfall schützen, allerdings vor dessen finanziellen Folgen.

Professional liability insurance:
Professional liability insurance is a commercial liability insurance that is required by some professional groups. For certain professional groups, taking out professional liability insurance is even required by law. These include doctors (medical professionals, dentists, veterinarians), tax consultants, auditors, lawyers, notaries, architects and consulting engineers. We have developed special solutions for each professional group that offer optimal insurance protection and are rarely found on the market with improved services. We would be happy to advise you comprehensively here.

Business content insurance

Business content insurance protects the property of a company or business. Depending on the industry, a considerable part of the capital is tied up in business equipment, machines, electronics, goods and goods and its protection in the event of damage through content insurance.

The aim of this commercial protection is to restore the condition that existed before the damaging event. The business content insurance therefore replaces damaged, stolen or permanently lost property such as inventory, inventory or other operating resources.

Business content insurance is one of the most widespread types of business insurance and offers a tariff that has already been agreed for some industries with a suitable set of conditions. In this way, most insurers ensure that the services provided by the content insurance in connection with a damage actually meet the needs of the company.

The following costs are particularly important:

• Assumption of repair costs
• Offsetting the cost of cleanup
• Cost of securing the damaged area
• Expert costs
• Recovery costs
• Cost of permits required to repair the damage

The coverage of additional costs depends on the tariff and the industry-specific agreements of the insurer.

In addition to the basic protection, which replaces all typical damage, you should also check at regular intervals whether additional services are available and which of them are advantageous. The insurance solutions for business content insurance often contain extended clauses for the benefit of the insured, which can be important in the event of a claim. For example, the waiver of the objection of gross negligence is of great importance, as is a provision insurance or the waiver of any possible underinsurance.

Basically, the company content insurance should always be selected so that it includes at least the necessary protection of the company property. It is important to adapt the insurance benefits to the economic success of the business or to agree a dynamic adjustment directly.

Business interruption:
Businessinterruption insurance (BU) reimburses the company for the loss of income if business operations are impaired or even interrupted as a result of damage. With the so-called small BU insurance, insurance sums up to a maximum of 1 million euros are generally possible. It can only ever be taken out with content insurance – e.g. fire, burglary, storm or tap water insurance. The sum insured usually corresponds to that of the property insurance amount.

Elektronikversicherung:
In der heutigen Zeit sind fast alle Unternehmen auf Elektronik angewiesen. Die Elektronikversicherung versichert Schäden und Kosten, wenn Geräte und Anlagen beschädigt, gestohlen oder zerstört werden. Es gibt eine Vielzahl an verschiedenster Ursachen (z.B. Wasserschaden, Blitzschlag oder ein Bedienungsfehler), die zu erheblichen Schäden an den elektronischen Geräten und Anlagen führen können. Vor den finanziellen Konsequenzen schützt eine Elektronikversicherung.

All-risk insurance for Iphone, laptop and tablet:
Whether as an industry solution for all employees’ devices or as individual insurance for the managing director’s mobile phone. We offer you a suitable concept for every situation. Smartphones, tablets and laptops have become our daily companions in professional life. This is precisely why they are exposed to an increased risk. A little inattention and it can get expensive. The most common occurrences are display and water damage, as well as cell phone theft. We are happy to help you with competent advice and quick claims settlement.

Company legal protection insurance

The step into self-employment is associated with natural risks. It’s nice if you still dare to do it! However, if there is a legal dispute, this can quickly have significant consequences, including the loss of livelihoods.

In Germany, every citizen should get their rights and can go to court. Most of the time, however, the process of suing or being sued is very costly. The high cost of litigation and the need to defend yourself are the most common reasons for considering legal protection insurance. Large differences in quality and premiums can be seen in legal protection insurance in particular. In a legal dispute with a value in dispute of 5,000 euros that leads to a process and goes through two instances, legal costs are to be expected that significantly exceed the value in dispute. Our comparisons will help you choose the legal protection tariff you want.

Which costs are covered?

• Legal fees
• Court costs
• Costs for witnesses and experts
• Arbitration costs
• Opponent’s cost
• Administrative costs
• Traveling expenses
• Translation costs
• Deposit costs
• Costs for technical experts (motor vehicle)

Also insurable in the commercial legal protection insurance are labor legal protection against employees, traffic legal protection for the company fleet, damage compensation legal protection, data legal protection, special criminal or tax legal protection.

We can design the service package for commercial legal protection insurance together with your needs. Please contact us for a non-binding offer.

Vehicle fleet insurance

Semi-trailers, buses, vans and passenger cars – vehicle fleets are as diverse as the industries in which they are used. However, they all have one thing in common: the vehicle fleet is a significant capital of the company and should therefore be carefully managed. An important aspect is the insurance of valuable vehicles. Entrepreneurs can save time and money with general insurance for the entire fleet. In the best-case scenario, insurance companies offer additional services that provide assistance after accidents or support with claims management.

“Accidents often reduce the profits of our corporate customers considerably,” explains Harald Seliger, motor vehicle expert at KRAVAG insurance. “Every company has to bear the ancillary damage costs such as deductibles in insurance or continued wages for employees who have had an accident.” the entrepreneurs benefit.

Cyber ​​insurance

The global increase in networking and digitization bring ever more confusing risks that affect not only private Internet users, but above all companies as well. According to a recent study, almost a third of companies are already victims of cyberattacks. This also includes large corporations such as Apple, Microsoft and the German federal government. The current figures confirm that no industry, no market and no public institution are safe from cyber attacks. 

According to current statistics, more than 70,000 cases are recorded each year in Germany that fall under so-called “cyber risks”. The unofficial number, with the damage not officially recorded, is estimated to be significantly higher. Cyber ​​damage includes data loss, cyber attacks on laptops, PCs or cell phones, internet sabotage, industrial espionage, identity theft and even industrial espionage. In large companies, this can lead to great financial damage, as well as negative headlines in the press and a loss of image. The extent of these new risks is often underestimated or not realized at all.

In the event of a claim, cyber insurance not only protects the company or the independent entrepreneur from the financial effects, but also helps to ensure that day-to-day business can continue. The insurance benefits include the payment of fees and expenses for PR consultants, which are used to reduce potential damage to the company’s image; Fees for legal advice; The cost of notifying data subjects of cyberattacks or the cost of liability in the event of a data breach. Of course, your own cyber insurance also fends off unjustified claims for the company.

We would be happy to advise you independently on these topics and find the right product for you if necessary.

Machine insurance

The increasing automation by machines in our working world not only brings decisive competitive advantages and convenience for individual companies, but also additional dangers due to the complicated technology and the not inconsiderable investment volume associated with the acquisition.

Regardless of whether it is a transportable, stationary or mobile machine, whether there is a technical failure, an operating error or a design error – if your company’s systems or machines fail unexpectedly, this can seriously jeopardize your operating profits.

As an independent insurance broker, we offer you effective financial protection for the failure, theft or defect of your machines and systems.

Managing director insurance

Managing directors, supervisory boards, board members or executives with powers of attorney have a great deal of responsibility in companies. In an emergency, this responsibility can also mean liability to private assets for various types of damage. The risk of being sued for damages for corporate misconduct increases from year to year. In order to protect yourself against this, a D&O insurance is recommended.

D&O insurance

D&O insurance is a form of professional liability insurance and is assigned to the area of ​​financial loss liability insurance. The abbreviation “D&O” stands for “Directors and Officers”.

Thus, D&O insurance is liability insurance for managers and executives. In Germany, the D&O insurance is therefore also called “manager insurance”. This covers all areas of management activity. As a rule, cover is provided for damage from operational business as well as strategic decisions.

A D&O insurance usually covers damage from which internal or external claims arise. Internal liability includes claims made by the company or a stock corporation itself against management or executives. External liability concerns claims from business partners, other companies, customers, suppliers, employees or authorities. The cover takes effect in the event of a breach of the duty of care by the insured person. The prerequisite for this is that the damage was not caused knowingly, through gross negligence or with intent. Because then the D&O insurance will not take over the claims settlement.

Transport insurance

Goods to be transported are exposed to a wide variety of dangers on their way from the sender to the recipient. Regardless of whether you transport these as a company yourself or commission a forwarding agent, whether it is goods or work equipment: If damage occurs, the financial consequences for you can be immense! In Germany around 26,000 trucks are cleared every year and thieves steal goods with a value of over 1.3 billion euros, as the reports of the General Association of the Insurance Industry (GDV) show. Another 900 million euros are due due to contractual penalties for delivery delays, repair costs, as well as lost sales and production losses. Transport insurance is therefore strongly advised

Transport insurance protects companies from high costs and covers risks associated with the transport of goods – both for manufacturers and for logisticians. The insured damage includes accidents involving the means of transport, fire, loss, natural hazards, burglary, theft and truck theft, rust and oxidation, damage caused by moisture or malicious damage to the insured goods by external persons.

Transport insurance is divided into three sub-categories, each intended for specific circumstances and target groups. Here is a brief overview:

• Goods transport
  insurance Protects a company’s goods that it transports on its own or via logistics service providers.
• Transport
  liability insurance Protects logisticians and their employees against claims for compensation by third parties or customers.
• Works transport
  insurance covers damage that companies incur with their own or rented means of transport.

When it makes sense to take out transport insurance, an individual business calculation must ultimately be made. However, companies should not rely on the fact that a contracted freight forwarder has provided sufficient, own transport liability insurance. Although this is mandatory in many cases, it is subject to different international agreements on limitation of liability. This means that freight forwarders cannot be held liable for all damage incurred in every case. Affected customers then have to bear the difference themselves.

We would be happy to support you and your company in choosing the right security concept.

building insurance

Unforeseen severe damage to the company buildings can put your company financially at risk.

The company building insurance is a protection of the company buildings, which is tailored to commercial use by the insurance conditions.

We refer to insurance for a company’s business premises as commercial building insurance, company building insurance or business building insurance. Commercial building insurance replaces damage caused by fire, storms, tap water, frost and hail, as well as lightning strikes on all insured buildings. The insurance cover also extends to backflow damage, expert costs, vandalism as well as hotel and demolition costs. If you wish, you can also include natural hazards such as floods, snow pressure, landslides and earthquakes in your building insurance. In the case of rented commercial buildings in particular, it is important to consider whether they are insured against possible rental losses or rental nomads. This is especially useful if

The scope of your insurance coverage can be individually tailored to your business so that you have covered the most important risks above all. Of course, it is also possible to insure business and residential buildings as a combination without any problems. We offer you a non-binding and free insurance comparison for your business building insurance. Please do not hesitate to contact us.

Guarantee insurance

The guarantee insurance (also called surety insurance) offers a good alternative to a usual guarantee loan at the house bank. The deposit cover increases your liquidity for working, relieves the credit line at the bank and thus gives your company additional financial leeway.

In our concepts, we design your deposit insurance with a freely selectable guarantee line that you can use for warranty claims, contract fulfillment, advance payment and building guarantees.

To make it easier for you to find a suitable and affordable guarantee insurance, we offer you a free insurance comparison.