Overview
With more than one million technology professionals in the UK alone, businesses in this evolving industry must constantly review and evaluate their exposures to ensure their insurance policies provide up-to-date and responsive coverage.
Our innovative, market-leading technology insurance solutions offer certainty to customers and the assurance of clearly worded, unambiguous policies that eliminate coverage gaps and grey areas, enabling companies to innovate, grow and succeed.
Why do Technology businesses choose us?
Our People
Our team of experienced, multi-line industry specialist underwriters and claims managers work in partnership with our brokers and clients to find the right solution tailored to the needs of the business.
Value Added Services
We provide highly-specialised loss control expertise as well as a full suite of post-breach cyber services and emergency response to all technology policyholders.
Multinational Solutions
We write across over 200+ territories worldwide through local partnerships and our network of 77 dedicated offices across the USA, Canada and Europe.
Risk Control
Our clients benefit from leading in-house technology and cyber risk control experts with real-world experience to help navigate complex exposures.
Who do we insure?
We have a broad risk appetite and capacity for up to £10M for PI cover. We offer a flexible package solution for technology businesses of all sizes from small tech start-ups to large multinational corporations in the following sub-sets:
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Software:
- The sale, design, development, installation and publishing of software for a variety of end users.
Hardware:
- The design, manufacture, sale (with accompany value added services), installation of IT equipment, peripherals or components.
Services:
- All technology advice, technology solution design and ancillary technology services including consulting.
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Telecommunications:
- VOIP/network rather than design and build.
Micro segments:
- New and evolving business segments including but not limited to Fintech, Defence, Med Tech, and InsurTech businesses.
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What do we cover?
As the technology sector continues to evolve at a rapid rate, a responsive, up-to-date insurance policy is vital. With the threat of cyber attacks continuing to increase, our Technology policy includes full comprehensive cyber coverage against these evolving risks.
We provide the following cover as standard:
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Professional Liability:
- Breach of Contract
- Full Products and Services Cover
- Infringement of Intellectual Property Rights
- Breach of Confidentiality and Invasion of Privacy
- Defamation and Product Disparagement
- Sub-contractors cover
Property:
- Material Damage
- Business Interruption (including a flexible first loss limit option)
- Machinery Breakdown
- Computer Breakdown
Commercial Liability:
- Public Liability
- Products Liability
- Employers’ Liability
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First Party Cyber:
- Cyber loss or Damage
- Business interruption and extra expense
- Cyber theft
- Cyber Extortion
- Telephone Hacking
- PR Expense
- Notifications Costs
Third Party Cyber:
- Third party civil liability (breach of contract/negligence) arising from a cyber occurrence which can include denial of service, malware, operational error and hack.
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