Auditors' professional liability insurance — a specific type of insurance against any loss suffered by a person as a result of professional fault of an auditor while carrying out their professional duties. The subject of the insurance is the risk of occurrence of auditor's fault, which will result in a loss to the customer.
If you are an employer, you must provide a safe working environment. You are liable for industrial accidents and occupational illnesses of your employees. The damage may be hazardous for the economic stability of your company.
This is specific branch of insurance, established to protect owners, managers, operators of vessels against claims from third parties.
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