Working in partnership with CEDA and Associate Members
Cronin & Co are the appointed Insurance Broker to CEDA, and having worked closely with CEDA, Cronin’s have developed a suite of products which are constantly being tailored to match the exact requirements of CEDA members and Associate members.
Scheme Insurance
Scheme Insurance policies are exclusive to CEDA members and Associate members and the purpose of any scheme is to maximise the purchasing power of the members, in return for your support of the scheme you can expect to receive bespoke cover and preferential rates.
CEDA Professional Indemnity
More and more customers are insisting on catering equipment distributors having Professional Indemnity Insurance. CEDA has worked with Cronin and Co. to produce a genuinely competitively priced professional indemnity insurance policy specifically designed to meet the needs of members. The insurance package is:
- Designed specifically for catering distributors, with the expert advice of CEDA
- Offers key covers most standard insurers omit
- Preferential Premiums
- Backed by one of the world’s leading Insurers
- Access to Free Legal help line and contract vetting service by specialist professional liability Lawyers
Unlike many other PI insurance policies, the CEDA scheme includes the following
- Wide Civil Liability tailored wording
- Fees Recovery Cover
- Collateral warranty cover
- One Years FREE retroactive cover if you currently have no PI cover and can confirm that you are aware of no known incidents that may give rise to a claim.
- Policy provided by one of the world’s leading PI insurers
Features and Benefits
- Limits on indemnity up to £10,000,000 in the aggregate inclusive of Defence Costs
- Any One Claim and/or Defence Costs in addition may be available upon request
- Indemnity in respect of legal liability arising out of Negligence of the Insured or of specialist designers, consultants or sub-contractors used by the Insured
- Dishonesty of employees providing cover for claims made against you arising from dishonest, fraudulent acts or omissions by your employees
- Indemnity against Libel and Slander, Breach of Confidentiality and Infringement of Intellectual Property Rights
- Costs to restore or replace Lost or Damaged Documents, up to the full Policy Limit
- Indemnity to employees, former employees, and/or consultants and self-employed persons
- Indemnity whilst a member of a joint venture or consortium
- Compensation for court attendance, mediation or arbitration in connection to any claim made against the insured, at £300 per person per day up to a maximum of £15,000 in the policy period
- Mitigation Costs cover, incurred with Insurer’s prior consent
- Criminal Prosecution defence costs, extending to all relevant legislation, up to £250,000 in the aggregate
- Housing Grants, Construction and Regeneration Act cover
- Collateral warranty cover with no assignment limitation
- Inadvertent non-disclosure cover prior to inception
- Free appointment and collateral warranty vetting services
- Free legal assistance help line
Exclusions and Limitations
- Claims brought within and operations conducted in the United States of America and or Canada
- Previous claims and circumstances
- Pollution and contamination, unless arising out of the performance of Professional Business, subject to aggregated full Policy Limit, Defence Costs inclusive
- War and Terrorism related events
- Supply of Goods and Products
- Contractual Liability for Express Guarantees, Penalties and Liquidated Damages
- Asbestos
- Defective Workmanship
Conditions
- 30 day Premium Payment Condition
CEDA Commercial Combined
CEDA Contract Works
CEDA Fleet / Commercial Motor
Negotiated Reductions for CEDA Policyholders
As an Aviva policyholder via the CEDA scheme you will be entitled to access discounted services from suppliers to Aviva. These can help with important risk management issues in the following areas
- Environmental Services
- Fire Safety
- Inspections, Surveys & Valuations
- Security Products & Services
- Workplace & Employee Safety