Liability & Professional Risks
Public Liability
Public liability concerns a business's obligations when its activity causes injury or damage to other people.
What is it?
This is cover concerning a business's liability towards third parties — for example customers, visitors or passers-by — when they suffer injury or property damage connected with the business's premises or activity. The exact content of each solution differs by insurer and by sector, and is always confirmed case by case.
Who is it for?
It is relevant to businesses that welcome the public on their premises, such as shops, restaurants and offices, contractors and tradespeople working at third-party sites, and event organisers or service providers who operate away from their own premises.
Legal position
Is it compulsory in Cyprus?
Not generally compulsory
Third-party public liability cover is generally not compulsory by law in Cyprus for most businesses. Legal, regulatory or contractual requirements may apply depending on the activity. Vesta can help clarify what applies to your circumstances.
General information only. Requirements can change and depend on your activity — Vesta can help clarify what applies to your circumstances.
When might you need it?
You open or move to new premises that receive customers or visitors.
Your business takes part in exhibitions, events or work carried out away from your own premises.
You take on a project or contract that requires evidence of insurance cover.
Footfall increases or the way your premises operates changes.
You use equipment or materials that could cause damage to third parties.
These are illustrative circumstances, not a description of policy terms, conditions or exclusions.
Why review this cover?
An incident involving a third party can lead to claims far exceeding a business's current revenue. A periodic review helps establish whether the cover matches the real scope of the activity, the premises in use and the way the business interacts with the public.
The Vesta approach
Understand first, then solutions.
Before discussing solutions we want to understand how your premises operate, who visits them and what risks relate to your specific activity. We then look at the obligations that may apply and the points worth reviewing, so your decision is based on a genuine understanding of your circumstances.
Next step
Let's look at your circumstances.
Tell us how things work in practice and we will explain what is worth reviewing before any solution is discussed.
Prefer to speak with us?
If you would rather talk it through, tell us a little about your business and we will come back to you.
Related insurance areas
All business insurance