Insurance cover for player consultants plays a central role in the world of professional sport. Given the many challenges and legal risks that player consultants face, a comprehensive insurance policy is crucial. It is vital to understand the specific needs and requirements of player consultants in order to find a tailor-made insurance solution that offers comprehensive protection in all business matters.
Professional soccer is not just about wins and trophies, it is a business with a lot of money at stake. Players are brokered, license agreements concluded and sponsorship contracts negotiated. A thicket of contracts connects clubs, associations, players' agents and companies.
With so much business activity, there is always the risk that someone will infringe someone else's rights.
Violations of marketing, licensing or personal rights can result in high claims for damages. In such cases, financial loss liability insurance can help. It limits the insured person's liability risk if business partners claim financial losses.
Player consultants in particular are confronted with legal challenges in their professional environment. They take care of athletes' contractual agreements, conclude transfers with the clubs and ensure the best possible advertising partners for the athletes.
It cannot be ruled out that a contractual partner may feel disadvantaged and sue the consultant for fraud, bribery, breach of contract or other criminal offenses. In these special cases, this cover protects and supports the consultant against financial knock-out.
Cyber risk insurance protects you and your company against the financial consequences of cyber attacks. It covers damage caused by hacking, data loss, business interruption, cyber extortion and other digital threats. The insurance covers not only the protection of the IT systems themselves, but also the associated liability risks.
Cyber risk insurance is an important part of any modern company's risk management strategy. In particular, companies that collect and store customer data are at high risk and should take out comprehensive insurance.
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