Security Industry

MDS INSURANCES IS FAST GROWING AND AIMS TO BE THE BIGGEST PROVIDER OF INSURANCE TO THE SECURITY INDUSTRY. ONE OF OUR MAIN AREAS OF OPERATION IS PROVIDING INSURANCE TO THE SECURITY INDUSTRY.

The Security Industry is a high risk area and MDS Insurances understand the need to protect your business and your staff from legal challenge, whether you are a one- man security operation or operate a large security business. Our comprehensive covers and the client benefits offered by our tailored insurance products form the basis of our ability to provide superior cover.

This area of MDS Insurances is led by Mark Hayward who has extensive knowledge from both working within the security industry and working as a broker specialising in insuring the security industry.

WHAT COVERS DO YOU NEED…

PUBLIC LIABILITY

Public liability provides cover for bodily injury and property damage to third parties arising
from your business operations. Common practice is for security companies to have 10 million
dollars, but amount up to 50 million dollars can be easily obtained, and higher if required.

CARE, CUSTODY AND CONTROL

Most policies include this as an automatic extension, however the sub limits vary from insurer to insurer. This section of the policy provides cover for other people’s property that you have.

LOSS OF KEYS

Loss of Keys, most insurers include this cover automatically, however the sub limits may vary between insurers. It provides cover to replace keys and locks following the theft, loss or destruction of your client’s keys that are in your possession.

ERRORS & OMISSIONS

Provides cover for losses incurred by your failure to act or an omission of an act related to the companies liability.

PROFESSIONAL INDEMNITY

Provides cover for Breaches of your professional duty; most commonly in relation to advice given.

GUNS AND DOGS

Normally liability insurance does not cover the use of firearms and guard dogs. Having this extension allows for your liability insurance to extend to cover these activities.

CROWD CONTROL

Normally liability cover does not cover the activity of crowd control. Many insurers can extend to cover crowd control, however the level of coverage varies dramatically and could leave you exposed if you have selected the wrong policy. We urge you to contact us in relation to your crowd control cover so we can ensure that you have the appropriate amount of cover.

CASH IN TRANSIT

If you are providing a cash and valuables logistic service you will need to have this extension to your policy. Many insurers extend to cover cash in transit, however many of these are negligence or legal liability based covers which could leave you exposed in the event of an armed hold-up.

BUSINESS PROPERTY

Whether you have 2 way radios, computers or a full office building, we can produce a program that can cover this property.

MOTOR VEHICLE

Whether you drive trucks, cars or motorcycles; soft skin or armor plated. We can add these to your insurance plan also.

MANAGEMENT LIABILITY

There are number of pieces of government legislation are out there, no company can keep a track of everything. Management liability can cover your company’s breaches of these statutory obligations.

STATUTORY LIABILITY

Statutory Liability Insurance covers fines and penalties your company may receive from statutory authorities.

BUNDLE TOGETHER

BY BUNDLING TOGETHER YOUR BUSINESS POLICIES WITH ONE OF OUR ACCOUNT MANAGERS WE CAN HANDLE ALL YOUR INSURANCE NEEDS IN ONE PLACE.

SPEAK WITH A BROKER

PUT YOUR BUSINESS IN GOOD HANDS SPEAK WITH A BROKER TODAY.

GET STARTED TODAY

GET IN TOUCH

Send us a message and we will contact you within 24 hours to discuss your Insurance needs.