Importers

Import and distribution is ever changing. New product, processes, supply chains and evolving customer demands force constant change to maintain market share and sales.

Typically, product distribution is structured upon various contracts that underpin the delivery of the sale of the good. Contract terms can be onerous, and include terms that:

• include indemnity provisions that extend your ordinary obligations
• remove or severely limit your rights of recovery
• include warranties and representations that extend your ordinary obligations
• include insurance provisions which can leave you exposed to breach of contract
• make you more responsible for the actions of your sub-contractors than your ordinary obligations
• leave you exposed to liquidated damages

Whilst there is a commercial reality to these contracts, some terms do pose serious risk. This is compounded by insurance that typically struggles to incorporate some even less onerous contract terms.

A unique approach.

We offer importers a unique approach to insurance broking and risk management.

Working with our legal services company, indemnitylegal, we can deliver bundled insurance broking, workers compensation and legal risk management services. Not only do we ensure your insurable risks are identified, and cost effectively insured, but indemnitylegal can also work with you, managing your contractual risk, and providing claims management.

Claims Management

The reality of importing in today's environment, means the use of alternative labour structures such as contractors and labour hire personnel. This brings with it some up front benefit.

These benefits can be eroded by indirect costs associated with workers compensation recovery actions by Workcover authorities, contractor/labour hire personnel civil liability actions, and the affect upon your Public Liability insurance costs.

Insurers may require high levels of excess or self insured retention. However, this does raise the issue of how claims that fall below the excess or within the self insured retention are managed.

Poor management can lead to the claim becoming litigated and increasing the size of the claim. And some insurers require the use of high end service providers with cost structures that quickly erode the excess level.

indemnitylegal provides accessible claims management services for public liability claims.

Importers Products & Services

• Industrial Special Risks
• Business Interruption
• Public & Products Liability
• Marine Transit
• Machinery Breakdown
• Workers Compensation
• Product Recall - including Contamination, Tampering, Loss of Profits, and Third Party Costs/Loss of Profits
• Errors & Omissions/Professional Indemnity
• Environmental Impairment
• Directors & Officers Liability - including Public Companies
• Employment Practices Liability
• Statutory Liability
• Contract Risk
• OHS Management