Agency News

INSTITUTE CARGO CLAUSES (A)RISKS COVERED1. Risks Clause The insurance covers all risks of loss of or damage to the subject-matter insured except as provided in Clauses 4,5,6 and 7 below.2. General Average ClauseThis insurance covers general average and salvage charges, adjusted or determined according to the contract of affreightment and / or the governing law and practice, incurred to avoid or in connection with the avoidance of loss from any cause except those excluded in Clauses 4,5,6 and 7 or elsewhere in this insurance.3. "Both to Blame Collision" ClauseThis insurance is extended to indemnify the Assured against such proportion of liability under the contract of affreightment “Both to Blame Collision” Clause as is in respect of a loss recoverable hereunder. In the event of any claim b...

Kidnap and Extortion are very real and growing threats in today’s world, which can be easily sensed by the alarming rise in numbers of Kidnap experienced worldwide.On analyzing these incidents, worldwide it can be felt that the soft targets for these types of events are the employees / Senior officials of companies who have employees based or traveling overseas for business matters. Now a days the Risk Managers of  most renowned  companies opt for Kidnap , Ransom & Extortion  Insurance to tackle these  Risks – As the risk associated  have  High Severity and Low Frequency  i.e. These type of incidents are not common but once it happens it has a shrill  financial impact .It is always advisable to have an Insurance protection against this type of Risk whenever available. Moreover, this In...

 the Company will at its own option by payment or reinstatement or repair indemnify the Insured against unforeseen and sudden physical damage by any cause not hereinafter excluded to any Insured Property specified in the attached Schedule(s) whilst at the location mentioned therein necessitating its immediate repair or replacement. This Policy shall apply to the insured items whether they are at work or at rest, or being dismantled for the purpose of cleaning or overhauling, or in the course of the aforesaid operations themselves, or when being shifted within the premises, or during subsequent re-erection, but in any case only after successful commissioning. The liability of the Company for any one item of the insured property shall not exceed in the aggregate in any one Period of Insuranc...

COVERAGE’S Damage (other than by fire) to the Boilers and/or other Pressure Plant described in the Schedule.Damage (other than by fire) to surrounding property of the insured described in the Schedule or to property held by the insured in trust or on commission or for which he is responsible.Liability of the Insured at law on account of -death of or bodily injury to any person (other than a person under a contract of service or apprenticeship with the Insured sustaining death or bodily injury which arises out of and in the course of employment with the Insured);damage to property not belonging to the Insured nor held in trust or on commission nor for which he is responsible.         caused by and solely due to Explosion or Collapse as hereinafter defined of any Boiler or other Pressure Pla...

 Introduction of Art Insurance To whom we can offer Art Insurance Policy? • Individual Art Collectors • Corporate client having art collection • Art Museums • Art Galleries • Art Auction House What can be covered under Art Insurance? Art of any description including Paintings, Sculpture, Antiquarian books, Carpets, Manuscript, Coins & stamps. B. What can be offered under Art Insurance? 1. Basic Cover- All risk for Stay Risk 2. Add on Cover • Terrorism for stay risk • Transit within Named locations • Employee Infidelity This policy insures against all risks of physical loss of or physical damage to the property while at the location(s) occurring during the period of insurance subject to the following exclusions, basis of valuation and conditions.For any insurance solutions, please conta...

In 2024, innovation and growth are driven by a select group of visionary companies, each advancing their respective industries. These businesses, spanning sectors like digital marketing, online reputation management, renewable energy, and construction machinery, set new standards of excellence and efficiency. Their cutting-edge technology and unwavering commitment to customer satisfaction distinguish them in competitive markets, propelling them toward remarkable success.1. WaahWaliDealsWaahWaliDeals by Vairika Media Private Limited (Trikuta Digital Media), is transforming the online purchase environment with its forward-thinking cashback and rewards programs. Since its launch in January 2024, WaahWaliDeals offered a wide range of services, including affiliate link generation, a Telegram bo...

Planning a trip to Kolhapur? Shiv-Shakti Tours and Travels can help! We're a local Kolhapur company with over 31 years of experience, offering car rentals, taxis, and other travel services to make your trip easy and fun. Rent a Car & See Kolhapur at Your Own Pace: Roundtrip car rental: Perfect for picking up a car in Kolhapur and dropping it off there too. Explore the city, visit historical places, or head out on day trips! One-way car rental: Need a car for a one-way trip out of Kolhapur? No problem, rent a car and drop it off at your destination city. Monthly car rental: Staying in Kolhapur for a while? Rent a car for a month to get around town for business or pleasure. Need a Taxi Instead? We've Got You Covered! Taxi service: Our comfortable taxis with experienced drivers will take ...

Faridabad, Haryana – 11 June 2024 – Imagine a world where, five years from now, when a loved one passes away, you can bring them back to life for a short period. This groundbreaking promise comes from Indian scientist Anand Jaiswal, who is working on a revolutionary technology that could reanimate the deceased, even if only for a short while.Yes, you heard it right! Anand Jaiswal claims he is developing a technology that can bring dead people back to life. The credibility of this claim is reinforced by his monumental discovery at a young age—the "Theory of Invention"—and his book titled The Godfather of Invention. This book is said to have the potential to turn readers into scientists and inventors.“I’m sharing this so you understand just how passionate and focused Anand Jaiswal is about h...

Faridabad, Haryana – 11 June 2024 – Imagine a world where, five years from now, when a loved one passes away, you can bring them back to life for a short period. This groundbreaking promise comes from Indian scientist Anand Jaiswal, who is working on a revolutionary technology that could reanimate the deceased, even if only for a short while.Yes, you heard it right! Anand Jaiswal claims he is developing a technology that can bring dead people back to life. The credibility of this claim is reinforced by his monumental discovery at a young age—the "Theory of Invention"—and his book titled The Godfather of Invention. This book is said to have the potential to turn readers into scientists and inventors.“I’m sharing this so you understand just how passionate and focused Anand Jaiswal is about h...

Spearheading the shift towards Pharma 4.0 by leveraging the power of digital Building future-ready pharmaceutical production and biotech facilities to accelerate sustainability, resilience, and, agility Harnessing digital technologies for reducing ~70% CO2 emissions An IoT-enabled solution focused on water conservation, process electrification, sustainability by design, green electricity, reduction in Scope 1, Scope 2, & Scope 3 emissions, and circularity Delhi, June 11, 2024: Schneider Electric, the global leader in the digital transformation of energy management and NextGen automation, has launched EcoStruxure for Life Sciences Segment. This cutting-edge software technology aims to accelerate the efficiency and decarbonization of the pharmaceutical sector by facilitating the transiti...