Commercial & Business Insurance
Protection for Cypriot businesses property, income, liability, cyber, fleet, surety bonds, overseas investment and political risk, under one coordinated plan.
Protection that keeps your business trading.
Most businesses insure their premises and vehicles but the greatest risk is often the one nobody thinks about: not being able to trade. Business interruption, cyber incidents, key-person loss and unforeseen liability claims can all stop a business in its tracks.
We work with SMEs, professionals, hospitality, retail, construction and manufacturing businesses across the Famagusta district and beyond. For businesses with cross-border exposure, we also arrange specialist surety, overseas investment and political risk covers through our partner markets.
- Commercial combined one policy for all core covers
- Business interruption replaces lost income
- Commercial property buildings, contents, stock
- Cyber liability breach response and ransomware
- Fleet and commercial motor
- Key-person and shareholder protection
Tailored to your industry.
Hospitality & Tourism
Hotels, restaurants, bars and short-let accommodation with seasonal sum adjustments.
Retail
Shops, supermarkets and e-commerce stock, premises, liability and cyber.
Construction
Contractors, trades and developers contractor's all risks, plant and liability.
Manufacturing
Machinery, stock, product liability and business interruption for production environments.
Technology & Professional Services
Professional indemnity, cyber and D&O for consultants, agencies and tech firms.
Transport & Logistics
Fleet, goods in transit, marine cargo and warehousing liability.
Beyond the standard commercial package.
For contractors, investors and businesses operating across borders, we arrange three specialist covers that sit alongside your core commercial programme.
Financial Guarantee Surety Bonds
Guarantees that give project owners and regulators confidence in your contractual commitments often a precondition for tendering or trading.
- Bid bonds secure your tender submission
- Performance bonds guarantee completion of works
- Payment bonds protect subcontractors and suppliers
- Advance payment bonds protect the employer's upfront funds
- Customs and regulatory bonds
Overseas Investment Insurance
Protects your equity, loans and assets in foreign markets against political and non-commercial risks that sit outside ordinary commercial insurance.
- Expropriation and nationalisation
- Currency inconvertibility and transfer restrictions
- War, civil disturbance and terrorism
- Breach of contract by a host government
- Non-honouring of sovereign financial obligations
Political Risk Insurance (PRI)
Broader protection for cross-border trade, project finance and contractor activity covering the political events that can interrupt payment or performance.
- Contract frustration by political events
- Wrongful calling of on-demand guarantees and bonds
- Sovereign payment default
- Political violence and asset seizure
- Trade credit and supply-chain disruption
Specialist placement notice: Surety bonds, overseas investment insurance and PRI are arranged through specialist partner markets, including multilateral agencies and international insurers. Eligibility, terms and pricing are subject to individual underwriting and, where applicable, host-country approval.
Commercial insurance, explained.
Business interruption (BI) replaces your lost income and pays ongoing fixed costs rent, salaries, loan repayments if a covered event forces you to stop trading. It's often more valuable than the property cover itself, because a fire can be repaired but a lost trading year cannot be recovered.
Yes. SMEs are frequently targeted because they hold valuable data with fewer defences than large enterprises. Cyber cover typically includes breach response, legal costs, notification costs, and increasingly ransomware negotiation and loss of profit.
Yes a "commercial combined" policy can bundle property, BI, liability, cyber and money cover into one document with a single renewal date and premium. Usually cheaper and easier to administer than separate policies.
Cyprus has strong seasonality in hospitality, tourism and retail. We can structure cover around your actual trading patterns, with higher sums insured during peak months and lower during off-season.
Absolutely. Start-ups can be challenging for insurers, but we work with specialists who understand emerging businesses and can provide meaningful cover from day one including professional indemnity, cyber and public liability.
Both provide financial assurance, but a surety bond is issued by an insurance company rather than a bank. This means it typically does not tie up your credit lines or require cash collateral, and it is underwritten based on your company's financial strength and track record. For contractors, surety bonds can preserve banking capacity for other operational needs.
Eligibility depends on the market used. Multilateral agencies such as MIGA require the investment to be in a member developing country and meet specific development criteria. Private insurers (AIG, Chubb, Liberty) have broader eligibility but still require a clear cross-border exposure and a defined political risk. We assess your situation and identify the most suitable market.
Yes. Specialist PRI policies can cover mobile assets including construction plant, machinery and equipment against political violence, expropriation and wrongful calling of guarantees. Cover is typically structured on an asset-replacement basis for a defined period.
Protect your business properly.
Free commercial review we'll identify the gaps before they matter, including cross-border exposure.