FIRST requests that our suppliers to carry the following standard insurance coverage. If this coverage cannot be met, terms may need to be negotiated in the agreement to ensure both parties are properly covered.
Suppliers based in AMRS
- Required Coverage
- Commercial General Liability: $1,000,000 per occurrence for bodily injury, death, & property damage, inclusive of contractual liability coverage, products, completed operations and advertising injury.
- Umbrella/Excess Liability Insurance: $5,000,000 limit of liability.
- Workers’ Compensation (Employer’s Liability): $1,000,000 per accident and employee. As required by law in the state where the Services will be provided, including employer’s liability coverage for injury, disease and death.
- Professional Liability/Indemnity Insurance: $1,000,000 per claim.
- Supplier may use a combination of General and Umbrella policies to meet total limit requirements of the above.
- Service Specific Coverage
- Network Security and Privacy Liability/Cyber Liability: $5,000,000 per claim if the Services include the storing, processing or otherwise accessing any data related to FIRST, its Clients or its employees. If such coverage is included in Professional Liability policy, then any combined single limit for that policy must be the sum of the limits required for each.
- Comprehensive Automobile Liability Insurance: $1,000,000 per accident covering all owned and non-owned & hired vehicles. If the Services include the operation of any Vehicle/s.
- Liquor Liability coverage: $1,000,000 per incident. If the Services include the service of alcohol.
- Commercial Crime coverage: $1,000,000. If the Services include access to financial information, funds, payments or other financial records.
Suppliers based in UK
- Required Coverage
- Commercial General Liability: £10,000,000 per occurrence for bodily injury, property damage, inclusive of contractual liability coverage, products, completed operations and advertising injury and
- Public/Product Liability: £5,000,000 per occurrence.
- Workers’ Compensation (Employer’s Liability): £10,000,000 per accident and employee as required by law in the country where the Services will be provided including employer’s liability coverage for injury, disease and death.
- Professional Liability/Indemnity: £5,000,000 per occurrence
- Service Specific Coverage
- Network Security and Privacy Liability/Cyber Liability: £5,000,000 per claim. If the Services include the storing, processing or otherwise accessing any data related to FIRST, its Clients or its employees. If such coverage is included in Professional Indemnity policy, then any combined single limit for that policy must be the sum of the limits required for each.
- Auto Liability: £1,000,000 for property damage and bodily injury. If the Services include Personnel driving.
- Commercial Crime: £1,000,000. If the Services include access to financial information, funds, payments or other financial records.
- Equipment Insurance: Full replacement value of all rented items. If the Services include rental equipment such as AV or furniture.
Suppliers based in EMEA
- Required Coverage
- Commercial General Liability: €10,000,000 per occurrence for bodily injury, property damage, inclusive of contractual liability coverage, products, completed operations and advertising injury and
- Public/Product Liability: €5,000,000 per occurrence for public/product liability.
- Workers’ Compensation Insurance (Employer’s Liability): €10,000,000 per accident and employee as required by law in the country where the Services will be provided, including employer’s liability coverage for injury, disease and death.
- Professional Liability/Indemnity: €5,000,000 per occurrence
- Service Specific Coverage
- Network Security and Privacy Liability/Cyber Liability: €5,000,000 per claim. If the Services include the storing, processing or otherwise accessing any data related to FIRST, its Clients or its employees Supplier. If such coverage is included in professional liability policy, then any combined single limit for that policy must be the sum of the limits required for each.
- Auto Liability: €1,000,000 for property damage and bodily injury. If the Services include Personnel driving.
- Commercial Crime: €1,000,000. If the Services include access to financial information, funds, payments or other financial records.
Suppliers based in APAC
- Required Coverage
- Commercial Liability Insurance: S$4,000,000 per occurrence for bodily injury, property damage, inclusive of contractual liability coverage, products, completed operations and advertising injury, and public/product liability.
- Workers’ Compensation (Employer Liability): S$1,000,000 per accident and employee as required by law in the country where the Services will be provided including employer’s liability coverage for injury, disease and death.
- Professional Liability/Indemnity: S$3,000,000 per occurrence.
- Service Specific Coverage
- Network Security and Privacy Liability/Cyber Liability: S$7,000,000 per claim. If the Services include the storing, processing or otherwise accessing any data related to FIRST, its Clients or its employees. If such coverage is included in Professional Liability policy then any combined single limit for that policy must be the sum of the limits required for each.
- Auto Liability: S$1,000,000 for property damage and bodily injury. If the Services include Personnel driving.
If you have any questions regarding required insurance, please contact suppliers@firstagency.com.
