D&O Insurance Claims: Navigating the Process in Thailand
Directors and Officers Insurance, commonly known as D&O Insurance, is a crucial safeguard for individuals holding executive positions in companies. In Thailand, as in many other countries, navigat
Unveiling the Best Professional Indemnity Insurance for Thai Lawyers
In the world of law, Thai lawyers, like their counterparts worldwide, face a multitude of challenges. One of these challenges is ensuring they have the best professional indemnity insurance in place.
Thailand’s Draft Liability for Defective Goods Act Advances in Legislative Process
On November 22, 2022, the Thai cabinet approved in principle the draft Liability for Defective Goods Act (the “Bill”) proposed by the Office of the Consumer Protection Board. While Thailand’s Pr
Protecting Thai Businesses with Product Liability Insurance: A Complete Guide
As a business owner, it is essential to ensure that your products are safe for your customers to use. However, accidents can happen, and sometimes, products can cause harm to the user, leading to pote
Natural Disasters Cost Insurers Over $125 Billion during 2022
Natural disasters in 2022 brought global economic losses of US$275 billion, of which insurance covered 45%, or US$125 billion, according to Swiss Re’s latest sigma report. Claims from Hurricane Ian
Protect Your Thai E-Commerce Business: Importance of Product Liability Insurance
In today’s digital age, e-commerce has become an increasingly popular way for Thai businesses to sell their products. While e-commerce provides a convenient way for businesses to reach a wider a
Navigating the Complexities of Product Liability Insurance Claims for Thai Businesses
Product liability insurance is an essential protection for businesses in Thailand’s legal system, where consumers have the right to sue for damages caused by a product. If a product that your bu
The Value of Product Liability Insurance for Thai Small Business Owners
Thai small businesses play a vital role in the country’s economy, and they often face significant challenges when it comes to managing risks. Unforeseen circumstances can arise, causing financia
Protecting Thai Business from Cyber Threats with Cyber Insurance
In today’s digital age, companies in Thailand are increasingly reliant on technology to store sensitive information and run their businesses. However, with the rise of cyber threats such as hack
The Importance of Public Liability Insurance for Companies in Thailand
Public liability insurance is an essential aspect of business operations in Thailand. It provides protection to companies against third-party claims of bodily injury, property damage or loss, arising
