SOPHISTICATED RISK MANAGEMENT

In a risk environment that is becoming more and more complex, specialist insurance expertise is now an essential component of any risk management strategy.

With a precise understanding of the specialist insurance markets, MATRIX can focus on more esoteric solutions tailored to meet our clients’ needs.
Our Specialty Risks Division is able to access reinsurance products, which are difficult to procure locally, from overseas markets at competitive terms and conditions.

Our extensive marketing capability enables us to offer an unrivalled range of products including:

  • D&O: Liability insurance that provides financial protection for Directors & Officers of a company, in the event they are sued in conjunction with the performance of their duties as they relate to their company.
  • Bankers Blanket Bond: Covers against fraud by employees, third party loss inside premises, losses in safe/transit, forged payment documents, forged or stolen securities, counterfeit currency and computer crime.
  • Commercial Crime Insurance: Covering embezzlement, theft, employee dishonesty, forgery, computer fraud, counterfeiting, breaking into safe and general crime.
  • Mergers & Acquisitions: Custom-made insurance product to cover breaches in representations and warranties given in sale or purchase agreements.
  • Cyber Risks/Technology: Covering liability and defence costs for claims arising out of breaches of security including identity theft and negligence caused through internet transaction.
  • Intellectual Property Rights: Coverage protects companies for copyright, trademark or patent infringement claims arising out of operation. It pays defence costs and any judgment up to the policy limits.
  • Aviation: Covering hull, liabilities, deductible buy back, war, hijacking, loss of license, hangar keepers, premises and products.
  • Kidnap and Ransom (Marine & Non Marine): Designed to protect individuals and corporations operating in high-risk areas around the world, insuring the perils of kidnap, extortion, wrongful detention and hijacking.
  • Sports Insurance: Bespoke solutions for athletes, teams, clubs, associations and the like, covering personal accident, career ending injury, liability, property, contingency, wage roll protection and other insured perils, related to any kind of sport.
  • Entertainment Insurance: Customised products for film productions, television, multimedia and theatre with coverage for company cast, props, sets and wardrobes, negatives/videotape/faulty stock camera and processing, film producers indemnity, technical equipment, media liability and denial of access.
  • Contingency: Provides coverage for specific risks not sufficiently covered by an insured’s primary insurance policy. It is used to describe a number of different kinds of insurance products, all related to unexpected contingencies that might not be covered by a standard insurance policy such as cancellation of events, non-appearance, adverse weather, prize indemnity and over redemption.
  • Personal Accident: Cover for high net worth individuals, a full range of covers for accidental death or disability.
  • Trade Credit: Covering account receivables, single buyers, of a company against the risks of insolvency, protracted default and political risk, globally or domestically.
  • Surety/Bonds: Bid, Performance, Payment, Maintenance Bonds, guarantee to obligee the performance of obligation by a third party (principal).
  • Political Risk: Covering political risk perils, such as expropriation, nationalisation, currency and convertibility, forced abandonment, war, violence, etc.
  • Environmental Liability: Providing indemnity for claims arising from bodily injury, property damage and remediation costs to third parties or incurred at the insured’s own site and business interruption and liabilities arising from the Environmental Liability Directive 2004/35/EC of the European Parliament.