Prestige Liability Insurance covers your business against legal claims for bodily injury, property damage, professional negligence, employer liability, and more — protecting your assets, reputation, and continuity when third parties hold you responsible.
Liability claims are among the most financially damaging events a business can face. Legal fees, court awards, and reputational damage can run into hundreds of millions of naira. Prestige Liability Insurance provides a complete suite of covers, from the boardroom to the factory floor, so your business can operate with confidence.
Directors & Officers Liability
Shields directors and officers from personal financial liability for wrongful acts committed in their official capacity, covering legal costs, settlements, and court judgements on their behalf and on behalf of the company.
Employers Liability
Covers your legal liability for bodily injury, illness, or death suffered by employees arising out of and in the course of their employment, including legal defence costs and court-awarded compensation.
Products Liability
Protects manufacturers, importers, distributors, and retailers against third-party claims for bodily injury or property damage caused by a defective product throughout the supply chain.
Professional Indemnity
Protects professionals, doctors, lawyers, engineers, accountants, against legal liability for errors, omissions, and negligent advice that cause financial loss to clients. Group policies available.
Our liability underwriting team brings decades of experience structuring covers for Nigerian businesses across all sectors.
NAICOMLicensed
Authorised and regulated by the NAICOM (LIC 040), your claims are backed by a regulated insurer with 74 Years of track record.
Fire & Explosion Extension
Public Liability policies can be extended to cover fire and explosion liability up to ₦200,000, protecting businesses against third-party claims arising from fire or explosion on their premises.
Car Park Liability
Extension available for car park liability for visitor vehicles — covering damage to third-party vehicles parked on your premises during the course of business operations.
First Aid Facilities
Coverage includes liability arising from the provision of first aid facilities on business premises, protecting you against claims from employees or visitors receiving emergency first aid treatment.
Fast Claims Response
Our dedicated claims team moves quickly, appointing loss adjusters, acknowledging notifications, and advancing defence costs so you can respond to claims without cash flow disruption.
Bespoke Limits
Limits of indemnity are tailored to your business size, sector, and risk profile, from SMEs to large corporates, we structure the right level of cover for your exposure.
Reinsurance Backed
Our liability portfolio is reinsured through reputable international treaty arrangements, giving you confidence that large and complex claims will be fully met.
Whether you need a single liability policy or a comprehensive suite covering your directors, employees, products, and professional services, Prestige Assurance has the right cover for your business risk profile.