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Professional Indemnity

In Asia the yacht industry is young, especially when compared to Europe, the Caribbean and the USA. With this has come a rash of small businesses that have not been able to afford or have not wanted to afford the cost of insurance that many feel they don’t need. Professional Indemnity insurance is one such cover. Designed to protect the policy holder for action taken against him in the event that something goes wrong as a result of advice given, this is an important cover to have, especially in this age of increasing litigation. Having been close to the yacht industry for nearly three decades Colin Dawson has a deep understanding of the thin line many in the industry tread in order to win a client. Things can, and do, go wrong. If the person giving you advice is not properly protected themselves it is the client who will likely suffer financially. If you are the one giving the advice, being protected is not a sign of weakness, it’s a sign of maturity and understanding of business in the modern era.

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Contact

Colin Dawson
Managing Director

Email

Phone

yachts@tgg.com.hk

+852 2530 2331