Evolution SME Liability

To qualify for Evo Liability, the insured business must:

- have annual turnover below R50m

- have less than 100 employees

- have less than R200m in assets

- have an annual wageroll of under R10m

Note that if your client or business is outside the above, you can of course place business through our specialist liability division here

If you're a broker using our Pocket Underwriter to do the quotation, the system will alert you of these parameters so it's impossible to make a mistake.

Access a range of products for SME’s available on our digital platform, the Pocket Underwriter. Ideal for a general commercial entity requiring wide specialist liability cover, a professional needing a great packaged solution or a company with a cyber exposure.

Remember, the policy structure is modular to there are many permutations of the combinations of cover below, all in the hands of the insurance broker on the Pocket Underwriter system:

Core liability covers

Public, products and defective workmanship liability

Gradual and sudden pollution

Property being worked upon

Spread of fire mitigation expenses

Removal of support

Employers liability

Pure financial loss

Inefficacy

Statutory legal defence costs, wrongful arrest, defamation

Advertising and copyright liability

Gratuitous advice

Motor third party excess of loss

The modular nature of the Evo Liability policy allows for some non-traditional specialist insurance covers to be added to the core broadform:

Specialist liability covers

Product recall and guarantee

Professional indemnity (errors and omissions)

Directors and officers

Cyber liability

Employment practices liability

plus

Non-liability covers

Death

Permanent disability

Temporary total disability (income protection following accident or serious illness)

Emergency expenses

Serious illness

If the insured's business has a turnover above R50m per annum or requires more than the maximum limits and sub-limits available, then our specialist liability team will take care of the insured's needs

Our Pocket Underwriter system will alert you (the broker) if a cover is dependent on any other cover also being chosen. In the case of Directors and Officers liability, no other cover is necessary.

You are right to question this because it's quite unusual to have a liability policy with GPA cover in it. When the policy was being drafted we realised that many employers are under the impression that the employers' liability section picks up injury claims to employees. This is really not the case as COID remains the only option outside of the personal accident sphere to claim for injuries. In fact the COID legislation makes it practically impossible for an employer to be sued by an employee for injuries.

We thought it would be beneficial to give employers the option to provide much needed cover for injuries to staff to supplement what was already provided by the Compensation for Occupational Injuries and Diseases (COID) fund.

Cyber insurance policies generally provide a combination of first and third party insurance covers. Some businesses have more of a liability exposure, especially where they store confidential personal information. The Evo Liability cyber cover is only third party liability coverage. For comprehensive coverage you should chat to our cyber team.