Insurance for Technology Companies

Who's it for?

  • Application service providers
  • Bespoke software developers
  • Computer games developers
  • Digital marketing agencies
  • Domain name registration (resellers)
  • Email providers
  • Encryption software providers
  • Hardware value added resellers
  • IT consultancy
  • IT security consultants
  • IT support and training
  • Mobile content providers
  • Networking engineers
  • Online gaming providers
  • Packaged software developers
  • Software value added resellers
  • System integrators
  • Web designers
  • Web hosting (reselling)
  • Web service providers

What does it cover?

  • Professional liability
  • Breach of contract liability
  • Intellectual property rights infringement
  • Loss of documents
  • Virus and hacking attack liability
  • Loss mitigation
  • Payment of withheld fees
  • Employee fidelity
  • Website damage
  • General liability
  • Products liability
  • Tenants' legal liability
  • Non-owned and hired auto liability
  • Damage to hired autos
  • Employee benefits liability
  • Medical expenses
  • Property
  • Business interruption

Why do I need this?

  • Our policy provides comprehensive cover for claims arising directly from the breach of a client contract including breaches of warranties and when indemnity provisions are triggered.
  • TECH covers the insured for claims made against them due to the acts of their sub-contractors. In fact, the language we use in our form is "committed by you or on your behalf", so we provide cover for the insured's own liability irrespective of who carried out the act which led to the claim.
  • In the technology industry, disputes can escalate quickly. That's why we've included a range of covers which help to solve a problem before it leads to a lawsuit. These include loss mitigation coverage, cover for payment of withheld fees, and brand protection cover.
  • We provide worldwide cover as standard and can provide cover for companies with up to 100% US revenues.

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