Liability Seal DRUKER Global OÜ, Tallinn

Liability Seal DRUKER Global OÜ, Tallinn

DRUKER Global OÜ is a legally registered European based company which provides financial advisory application services, business niche creation, market expansion, business advisory services only to its registered partners. No public services.

This page gives an overview of the selected insurance plan as well as general information on the scope of insurance under the Professional Indemnity for Digital Professions provided by the speciality insurer Markel se.

Website https://drukerglobalprivateservices.com

Confirmation of the following insurance contract:


Insurer
Markel Insurance SE
Branch office
Sophienstr. 26, 80333 München
Insured
DRUKER Global OÜ, Tallinn
Insurance number
EX.MDP.200734
Start of insurance
30.06.2023
End of insurance
01.07.2026

Sum insured
Financial Loss Insurance (FLI) € 1.000.000
General Liability Insurance (GLI) € 2.000.000
Triple aggregation of the sum insured
Scope
worldwide*
Confirmed by

* For claims that are asserted in courts of the USA or Canada or are based on the violation of the law of these states, insurance coverage for direct exports only applies to financial losses. This restriction does not apply to liability claims due to
  • participating in or carrying out business trips;
  • participating in trade fairs, exhibitions or events;
  • indirect exports of products or services to the USA or Canada.

Scope of Professional Indemnity Insurance for Digital Professions

Professional liability insurance for digital professions provides freelancers and companies in the IT, media or consulting sectors with comprehensive insurance cover if they cause financial damage to third parties in the course of their work. It includes, among other things, the following benefits:

All-risk cover (worldwide)

Professional indemnity insurance for digital professions is structured according to the ‘all-risk principle’. It insures freelancers, start-ups and companies against liability risks without having to 'catalogue' every single risk involved - worldwide.

Lump-sum compensation

The insurance also covers lump-sum compensation claims that are asserted on the basis of contractual agreements concerning breach of confidentiality.

Delay in performance

The insurance covers losses caused by delays to a project, including lost profits and wasted customer expenditures.

Completed projects also insured (pre-sale)

Professional liability insurance for digital professions also includes cover for completed projects. This means that assertion of a claim after the start of the insurance is insured if the activities causing the damage have already been carried out beforehand (without time limit).

Data breaches and cyber damage from third parties

The insurance covers damage caused, for example, by the unintentional disclosure of malware, the violation of data protection laws such as the GDPR and online third-party access to data (e.g. information piracy).

Overlapping activities also insured

Activities as an advertising agency/media agency as well as commercial and business consulting are also insured.

Your insurance details

Advantages for the client:

  • Markel is an experienced and internationally active specialist insurer for IT risks with an excellent rating.
  • Fast claims settlement

Professional liability: Insured risks

  • Damage caused by faulty programming, IT consulting, organisation or training
  • Damage caused by inadequately tested products and services
  • Claims due to data protection violations, breaches of confidentiality and non-disclosure agreements
  • Damage caused by faulty data acquisition, data processing and data storage
  • Damage caused by poorly or incompletely fulfilled assignments. This consequential damage includes damages in lieu of performance!
  • Damages due to non-fulfilment of a contractual obligation
  • Damages due to delayed delivery or performance (missed deadline)
  • Damages due to business interruptions at third parties
  • Damages due to loss of turnover or profit of the customer
  • Negligent transmission of viruses and other malware