Sopra Steria - 2020 Universal registration document


Insurance 2. The Group’s insurance policy is closely linked to its risk prevention and management practices, in order to ensure coverage for its major risks. The Group’s Legal Department is responsible for managing its insurance programme. The aim of Sopra Steria Group’s insurance programmes is to provide uniform and adapted coverage of the risks facing the company and its employees for all Group entities at reasonable and optimised terms. The scope and coverage limits of these various insurance programmes are reassessed annually in light of changes in the size of the Group, developments in its business activities as well as changes in the insurance market and based on the results of the most recent risk mapping exercise. All Group companies are insured with leading insurance companies for all major risks that could have a material impact on its operations, business results or financial position. The main insurance programmes in place within the Sopra Steria Group are the following: premises and operations liability and professional indemnity p insurance This programme covers all of the Group’s companies for monetary consequences arising as a result of their civil and professional

liability in connection with their activities, due to bodily injury, material or non-material damage caused to third parties. Overall coverage is limited to €150 million per claim and per year of insurance; cybersecurity insurance p This programme covers all of the Group’s companies for any direct or indirect financial losses, property damage or loss of use, and This programme covers all of the Group’s sites for the direct material damage to property they may suffer as well as any consequential losses in the event of reduced business activity or business interruption occasioned by the occurrence of an insured event. Operating losses are insured on the basis of the loss of gross profit. Overall policy coverage (for all types of damages and operating losses) is limited to €100 million per claim and per year of insurance. In addition, Group programmes have been put in place covering in particular: the civil liability of senior executives and company officers; p assistance to employees on assignment, as well as to expatriate p and seconded employees. business interruption losses resulting from a cyberattack; property damage and business interruption insurance p



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