Genoa offers niche market Liability products with a focus on solutions for the
Legal, Fiduciary, Medical and Business Rescue markets.
As a fully-fledged Underwriting Management agency, we deal with hundreds
of different brokerages around the country. Provided our risk criteria are met,
there is no policy that is too big or to small for us to deal with.
Professional Indemnity
for Attorneys
Genoa offers Top Up Professional Indemnity Insurance to our Attorney clients.
All Law firms enjoy a primary level of Professional Indemnity Insurance through the Attorney’s Insurance Indemnity Fund (“AIIF”). This level of cover ranges between R1,562,500 and R3,125,000, dependent on the number of Directors in the practice
Our rates are highly competitive and we offer several extensions to the PI policy, covering the following:
- AIIF Excess Infill
- Claims preparation costs
- Correspondent Attorneys
- Cyber Liability Extension
- Defamation Extension
- Defence Costs to appear before a Statutory Body
- Investment advice Extension
- Liability following employee dishonesty
- Loss of Documents
- Outside Directors & Officers
- Sub-contractors
Please don’t hesitate to contact us to discuss options available to you.
Professional Indemnity
for Liquidators
Genoa offers a bespoke Professional Indemnity Policy for our Liquidator clients.
We have extensive liquidation experience in the group, and this policy has been designed to protect the needs of our clients. Unlike a PI Policy for Attorneys, where the excess is waived, an excess will apply here in respect of claims.
Our rates are highly competitive and we offer several extensions to the PI policy, covering the following:
- Claims preparation costs
- Defamation Extension
- Defence Costs to appear before a Statutory Body
- Liability following employee dishonesty
- Loss of Documents
- Sub-contractors
Please don’t hesitate to contact us for more information or to discuss this policy.
Professional Indemnity
for Attorneys
Genoa offers Top Up Professional Indemnity Insurance to our Attorneys clients.
All legal practices enjoy a primary level of Professional Indemnity Insurance through the Attorney’s Insurance Indemnity Fund (“AIIF”). This level of cover ranges between R1,562,500 and R3,125,000, dependent on the law firm’s number of Directors.
Our rates are highly competitive and we offer several extensions to the PI policy, covering the following:
- Claims preparation costs
- AIIF excess infill
- Cyber Liability
- Corresponding Attorneys
- Defence costs to appear before a statutory body
- Outside Directors and Officers
- Defamation
- Employee dishonesty
- Investment advice
- Subcontractors / Correspondents
Please don’t hesitate to contact us to discuss options available to you.
Professional Indemnity
for Liquidators
Genoa offers a bespoke Professional Indemnity Policy for Liquidators.
We have extensive liquidation experience in the group, and this policy has been designed to protect the needs of our clients. Unlike a PI Policy for Attorneys, where the excess is waived, an excess will apply here in respect of claims.
Our rates are highly competitive and we offer several extensions to the PI policy, covering the following:
Claims preparation costs
Defamation Extension
Defence Costs to appear before a Statutory Body
Liability following employee dishonesty
Loss of Documents
Sub-contractors
Please don’t hesitate to contact us for more information or to discuss this policy.
Professional Indemnity for Business Rescue Practitioners
Genoa offers a countrywide first: Professional Indemnity Policy, which protects our Business Rescue Practitioner clients in the event that they are found to have been grossly negligent in terms of Section 140(3)(c)(ii) of the Companies Act.
The Policy is designed with the complexities and unpredictability of the Business Rescue environment in mind and is structured in a unique way where the company in rescue is billed for the premium that in turn indemnifies the Business Rescue Practitioner.
Our working relationships with a number of the top business rescue firms and practitioners in South Africa have allowed us to tailor make our product to ideally suit your needs.
Please don’t hesitate to contact us for more information or to discuss this policy.
Fidelity Guarantee for Attorneys, Liquidators,
Business Rescue Practitioners
& Medical Practitioners
Fidelity Guarantee Cover indemnifies clients (the employer) for the loss of money or property sustained as a direct result of acts of fraud, theft or dishonesty by an employee in the course of employment.
The client can elect to take out cover in one of 3 ways:
- Blanket Basis – covering the firm for all staff members who hold an employment contract
- Named Positions Basis – only covering people with certain jobs within the organisation, eg accountants, computer personnel etc.
- Named Persons Basis – covering specific people within the firm
Please don’t hesitate to contact us for more information or to discuss this policy.
Professional Indemnity for Business Rescue Practitioners
Genoa offers a countrywide first: Professional Indemnity Policy, which protects our Business Rescue Practitioner clients in the event that they are found to have been grossly negligent in terms of Section 140(3)(c)(ii) of the Companies Act.
The Policy is designed with the complexities and unpredictability of the Business Rescue environment in mind and is structured in a unique way where the company in rescue is billed for the premium that in turn indemnifies the Business Rescue Practitioner.
Our working relationships with a number of the top business rescue firms and practitioners in South Africa have allowed us to tailor make our product to ideally suit your needs.
Please don’t hesitate to contact us for more information or to discuss this policy.
Fidelity Guarantee for Attorneys, Liquidators, Business Rescue Practitioners & Medical Practitioners
Fidelity Guarantee Cover indemnifies clients (the employer) for the loss of money or property sustained as a direct result of acts of fraud, theft or dishonesty by an employee in the course of employment.
The client can elect to take out cover in one of 3 ways:
- Blanket Basis – covering the firm for all staff members who hold an employment contract
- Named Positions Basis – only covering people with certain jobs within the organisation, eg accountants, computer personnel etc.
- Named Persons Basis – covering specific people within the firm
Please don’t hesitate to contact us for more information or to discuss this policy.
Misappropriation of Trust Fund Insurance for Attorneys
& Liquidators
Misappropriation of Trust Fund (MTF) Insurance protects our clients against thefts from their Trust Fund account (Attorneys) or from a 394(1)(a) current account (Liquidators) by a Director or employee who holds a valid contract of employment.
The client can elect to take out cover in one of 3 ways:
- Blanket Basis – covering the firm for all staff members who hold an employment contract
- Named Positions Basis – only covering people with certain jobs within the organisation, eg accountants, computer personnel etc.
- Named Persons Basis – covering specific people within the firm
Please don’t hesitate to contact us for more information or to discuss this policy.
Medical Malpractice Insurance for Medical Practitioners
We are committed to making a positive contribution to the long term sustainability of the medical sector in South Africa and that is why Genoa introduced a Medical Malpractice solution for Medical Practitioners.Our Claims Made policy is able to provide cover to all medical practitioners registered with the HPCSA (Health Professions Counsel of South Africa).
Our product offers many exciting extensions as well as a 5 year extended reporting period for the notifications of claims after a Practitioner retires, dies or becomes physically incapacitated.
Please don’t hesitate to contact us to discuss options available to you.
Misappropriation of Trust Fund Insurance for Attorneys & Liquidators
Misappropriation of Trust Fund (MTF) Insurance protects our clients against thefts from their Trust Fund account (Attorneys) or from a 394(1)(a) current account (Liquidators) by a Director or employee who holds a valid contract of employment.
The client can elect to take out cover in one of 3 ways:
- Blanket Basis – covering the firm for all staff members who hold an employment contract
- Named Positions Basis – only covering people with certain jobs within the organisation, eg accountants, computer personnel etc.
- Named Persons Basis – covering specific people within the firm
Please don’t hesitate to contact us for more information or to discuss this policy.
Medical Malpractice Insurance for Medical Practitioners
We are committed to making a positive contribution to the long term sustainability of the medical sector in South Africa and that is why Genoa introduced a Medical Malpractice solution for Medical Practitioners.
Our Claims Made policy is able to provide cover to all medical practitioners registered with the HPCSA (Health Professions Counsel of South Africa).
Our product offers many exciting extensions as well as a 5 year extended reporting period for the notifications of claims after a Practitioner retires, dies or becomes physically incapacitated.
Please don’t hesitate to contact us to discuss options available to you.
