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EXPERTISE AND INDUSTRIES

Every industry has
its own risk landscape.

Key questions for reviewing insurance in your industry, from property and liability protection to the financial consequences of business interruption.

Engineer inspecting energy equipment.
01

Energy and infrastructure

Protecting plant and the financial consequences of downtime.

  • Are your facilities and critical equipment insured against fire, machinery breakdown and natural hazards, with sums sufficient for repair or replacement?
  • If insured damage stops production, does your insurance cover lost profit, continuing fixed costs and additional operating expenses?
  • Does the agreed business interruption indemnity period reflect the actual time needed to procure equipment, complete repairs and restart production?
  • Is third-party liability adequately insured, including consideration of potential pollution losses?
  • For new projects, is there cover for financial losses if insured damage during construction or installation delays the start of operations?
Construction professionals reviewing plans on site.
02

Construction and real estate

Coordinated insurance for the owner, contractors and project.

  • Does contract works insurance reflect the full project value and actual scope, including risks specific to the location and construction methods?
  • Does cover include damage to existing structures, neighbouring property and underground services that may occur during the works?
  • Are the interests of the owner, main contractor and subcontractors clearly insured, including their liability to one another and to third parties?
  • How is cover arranged during testing, commissioning, handover and the agreed maintenance period?
  • Is the transition from construction insurance to insurance for the completed property arranged without a gap in appropriate cover?
A guest with luggage checking in with a hotel employee.
03

Hospitality and tourism

Protecting your property, guests and seasonal income.

  • Do the insured values of buildings, equipment and contents reflect the actual cost of reinstatement or replacement after a major loss?
  • If fire, flood or another insured event closes the hotel during the season, is protection arranged for lost profit and continuing expenses?
  • Does liability insurance cover the activities the hotel actually provides, including accommodation, restaurants, pools, spa facilities and other amenities?
  • How is liability cover arranged for guest injuries, food poisoning and damage to or loss of property entrusted to the hotel?
  • Have cyber risks involving guest data, electronic payments and booking systems been considered, including incident response costs and business interruption?
Financial professionals reviewing documents together.
04

Financial and professional services

Protection against professional errors, fraud and digital risks.

  • Does professional indemnity insurance cover the services you actually provide, the financial loss a professional error may cause a client and the cost of defending a claim?
  • How are losses from employee dishonesty, computer fraud or fraudulent payment instructions insured, and where do limitations or gaps remain?
  • Does cyber insurance cover incident response costs, data restoration and business interruption, alongside liability for breaches of client data?
  • Has the personal liability of directors and officers been considered, including defence costs for claims against them?
  • Do the policy period, retroactive date and notification rules provide appropriate protection when the consequences of an earlier professional error emerge later?
FOR INTERNATIONAL COMPANIES AND INVESTORS

Local support for your business in Montenegro.

We help international companies and investors assess their insurance needs in Montenegro, understand available cover and align their insurance with business and project requirements.

We support the review of insurance compliance with applicable local regulations, contractual obligations and the requirements of investors and lenders. We pay particular attention to the relationship between local policies and international insurance programmes, helping identify potential gaps, overlaps and the need for additional cover.

Let’s discuss your business
STATUS BROKER / Contact

Your business deserves
a clearer insurance conversation.

Let’s discuss your needs and the next steps.

Let’s discuss your business