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Three-in-one insurance

ZURICH Financial Services Australia has launched an insurance package specifically for the directors and employees of small to medium enterprises.

SME Specialties Solutions combines directors and officers, employment practices and professional liability insurance in the one package.

Zurich’s national specialties underwriting manager Alex Stewart said Australia currently ranked as the second most litigious country in the world following the US, making it important for small to medium sized-businesses to ensure they are protected.

“While employment practices liability was something most businesses didn’t have to worry about five years ago, more and more companies are now faced with the very real threat of sexual harassment and discrimination lawsuits,” Mr Stewart said.

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