Technology Industry Insurance
Cyber Liability Insurance – you can’t live without it
Insurance policies for Technology related industries are highly mutable as technology continues to evolve. You’ll need an insurance agency who’s on top of current technological trends, services and resources. In order to protect your investments, you’ll need a unique and highly tailored insurance policy. Commercial Technology insurance protects businesses against a number of Tech or IT related liabilities.
Technology companies are vulnerable in the following ways: cyber liability, electronic data hacking, faulty software, inappropriate advice or IT consultation, mis-configured firewalls or inadequate anti-virus software and hardware failure. Not to mention breach of privacy issues if sensitive and confidential data is ever compromised. Information technology insurance is a good idea for most businesses and absolutely essential for others – such as businesses who operate mostly or entirely online.
Common insurance policies for technology related industries might include:
- Business Property Insurance
- General Liability Insurance
- Business Interruption Insurance
- E-Business Liability
- Internet Advertising Insurance
- Technology Errors & Omissions
- Employment Practices Liability
- Directors & Offices Liability Insurance
- Intellectual Property Insurance