Business Liability Insurance in Finland
Protect your organisation from third-party risks with the right liability coverage. We help international companies assess their legal exposures, define the right level of protection and secure competitive offers from trusted insurers in Finland.
What Does Business Liability Insurance Cover?
Your company may be liable for damages in cases such as:
- Errors in services or deliveries
- Negligent property maintenance
- Defective or unsafe products
- Incorrect advice, plans or consulting work
- Damage caused by employees during work
In some cases, your company’s board members, CEO or other directors may also be personally liable under the Finnish Limited Liability Companies Act.
Why Do You Need Business Liability Insurance in Finland?
Reduce Operational Risk
Business liability insurance gives your organisation a financial safety net by transferring key operational risks to an insurer. With the right coverage, both your business and – if needed – your subcontractors or partners can be protected.
Improve Your Position in Contracts and Negotiations
Liability insurance matters long before a deal is signed. Increasingly, clients require comprehensive liability coverage from their suppliers and partners. In many sectors, insurance requirements are part of contractual negotiations – particularly in projects with Finnish public organisations.
We help you understand what your partners might expect and what terms you should negotiate in return.
Strengthen Your Reputation and Reliability
A well-structured liability insurance solution shows that your organisation is professional, prepared and trustworthy. It can increase your competitiveness and reassure potential partners that working with you is a safe choice.
What Affects the Price of Liability Insurance?
Several factors impact both the cost and scope of your business liability insurance in Finland:
- Your industry and risk profile
- Annual payroll
- Chosen coverage limits and deductibles
- Company turnover
We compare offers from multiple insurers to find the right balance of price, protection and flexibility – so you don’t pay for coverage you don’t need.
The Right Liability Insurance – Chosen With Expert Help
There’s no one-size-fits-all solution. As your insurance broker, we identify the exact type of liability insurance your business needs based on your sector, operations and legal obligations.
We handle the tendering process and advise you on the following types of liability insurance.
D&O insurance – covers personal liability of board members and CEOs
Operational liability insurance – essential baseline coverage for everyday business risks
Product liability insurance – covers damages caused by faulty products
Consultant liability insurance – ideal for technical consultants or advisory services
Professional liability insurance – protects against purely financial losses, such as errors in accounting or property transactions
FAQ
While general liability insurance is not legally required for all businesses in Finland, it is highly recommended – and often contractually required by clients, especially in regulated industries or public sector projects. Certain professions may have statutory liability obligations depending on the nature of the work.
General (operational) liability insurance covers personal injury or property damage caused by your company’s actions.
Professional liability insurance (also known as consultant or errors & omissions insurance) covers financial losses due to incorrect advice, services or technical errors – common in consulting, IT or design sectors.
Yes. A local insurance broker can arrange business liability insurance in Finland for international companies operating locally or via subsidiaries. Brokers offer access to multiple insurers, manage documentation in Finnish, and ensure compliance with local standards.
Many Finnish clients – especially public organisations – require proof of liability coverage from their partners. Having the right insurance in place improves your credibility and helps meet contractual obligations from day one.
Directors and Officers (D&O) insurance protects your company’s leadership – including board members and CEOs – from personal liability arising from decisions made in their roles. In Finland, liability can be personal under the Limited Liability Companies Act, making D&O coverage essential for risk-aware organisations.
A professional risk assessment helps you determine the right liability limits based on your industry, contract requirements, and potential claim scenarios. A broker can identify coverage gaps, remove unnecessary exclusions and tailor your policy to meet both Finnish and international expectations.
