ABEX's cyber insurance safeguards businesses from digital threats like hacking, data breaches, and ransomware. It covers recovery costs, notification expenses, legal fees, and more.
ABEX offers a variety of commercial package policies, designed to provide both liability and property coverage, so that your clients can keep running their business successfully. Our solution based underwriting approach allows us the flexibility to accept those risks that don’t always fit a domestic market.
IDL covers bodily injury to third parties arising from the Insured’s negligence causing or exacerbating an infection disease outbreak. The rise in outbreaks caused by zoonotic diseases (those with the potential to ‘jump’ to humans), as well as the explosion in global travel, have significantly increased the likelihood of a pandemic. This is exemplified by Covid-19, Ebola and Sars-Cov-1, occurring in the last two decades.
Our solution-based underwriting approach offers the flexibility to accept risks that don’t fit the domestic appetite. Our target classes include but are not limited to Canadian domiciled and incorporated business with worldwide sales exposure and revenues under $25 million. We offer Umbrella / Excess capacity up to $10 million and have ability to schedule underlying GL and Auto where applicable.
ABEX's equipment brakdown protects businesses from the costs of repairing or replacing essential equipment due to mechanical failure. Includes HVAC systems, production equipment, boilers, and more. It is a perfect complement to standard property insurance.
In a market where traditional insurance often falls short, our CGL & Excess Liability solutions provide tailored coverage for unique risks. Our enhanced appetite and risk profile centers around Canadian incorporated and domiciled risks with worldwide sales exposure (no US locations and no US manual work). We focus on businesses with revenues under $25 million, including up to 50% US sales, depending on class of business.
Our Small-Medium Enterprise product meets the needs of new, growing, and established businesses in retail, amusement, and hospitality. We also offer coverage for e-commerce with no cap on U.S. or global sales. With over 20 years of commercial insurance experience across many industries, our expert team is ready to help you find the right solutions for your clients.
Directors and Officers Liability gives directors and officers the peace of mind that their personal financial assets are protected in case of legal action against their decisions. Securities actions against the company can also be covered under these policies. This coverage is important for any corporation – whether it be publicly traded, privately owned or not-for-profit – and is often required to attract directors and officers.