Qian’s customer first approach has resulted in strong word of mouth referrals resulting in a strong growth for the firm. Thus, Qian was started with a specific aim of assisting small and medium sized businesses to mitigate risks by means of various insurance solutions available in India.

In response to a query about their services, the spokesperson of Qian Insurance Broking LLP said, “We are very passionate about insurance and seek to provide comprehensive insurance solutions to our clients.

We aim to provide businesses with a complete package of insurances such that all their risk exposures are covered.”

The spokesperson further commented, “Today, data breaches and compromise network systems has emerged as a leading risk for business organisations. Cyberattacks such as NotPetya and WannaCry, are known to have infected numerous computers globally with malicious malware.

Indian companies are facing the brunt of this with Cyberattacks increasing by 37% in Q12020.

The trends and statistics for Cyber Insurance Policy are all showing an upward trend along with the increasing losses associated with Cyber Incidents. All this makes a Cyber Liability Insurance Policy a must-have insurance policy for all businesses.”

Qian Insurance Broking has stepped up to fill this gap by launching various cyber insurance solutions in the Indian market. Qian has emerged as a leading insurance broker for Cyber Liability Insurance Policy in India in a short time.

The spokesperson further added, “Another must have insurance policy for businesses is a Directors and Officers Liability Insurance Policy. With increasing litigations against directors and officers, the need for a Directors and Officers Liability Insurance Policy cannot be understated.

Directors and Officers make multiple decisions on behalf of the company and if some of these decisions go wrong, they can be held liable for huge damages. Common D&O Allegations include employees suing directors for harassment, discrimination, and wrongful termination or customers suing directors for wrongful trade practices.

A D&O Insurance Policy provides cover to the directors and officers in cases of negligent or wrongful acts such as Breach of Duty or Breach of Trust. In fact, the Side A Coverage in a Directors and Officers Liability Insurance Policy will protect the directors and officers even when the company is not able to indemnify them such as in case of company declaring bankruptcy. In the absence of a D&O Policy, even the personal assets of the directors and officers might be at risk.”

It is important to read the D&O Policy wordings to be aware about the D&O Policy coverage as well as the exclusions under a Directors and Officers Liability Insurance Policy. An experienced insurance broker can assist you in constructing a comprehensive D&O Policy

At Qian Insurance Broking LLP, we seek to counsel and educate clients about the various insurance solutions available to mitigate business risks.

About Qian Insurance Broking LLP:

Qian Insurance Broking LLP is a trusted insurance broking company specialising in providing various insurance solutions for organizations and individuals. Therefore, employers in need of directors and officers liability insurance cover can contact Qian Insurance Broking LLP.