ProCorpSolutions+ Professional Liability Media & Technology |

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There have been a number of developments in this evolving class over recent years, as we have seen a number of syndicates entering the marketplace, offering a broad range of first and third party products and ensuring that pricing remains competitive. The Lloyd's Media and Technology products have been successfully designed to address the growing liability facing the Technology and Multimedia Professional. Whether involved in e-commerce, consulting, software programming, hardware/software development or systems integration or implementation, all Technology companies face professional liability exposures. Increasingly, they also face privacy, security and intellectual property issues, all of which have the potential to threaten the long-term viability of the company.
The products that we use cover allegations of negligent acts and errors and admissions in the performance of professional services, but also certain offences committed in the course of Media and Technology based services, including but not limited to:
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Personal injury claims (defamation, invasion of privacy, plagiarism, copyright infringement) |
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Failure to prevent authorized access or tampering with data |
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Inability to access systems |
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Failure to prevent theft of data |
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Failure to prevent introduction of a copy virus |
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Misappropriation of trade secrets |
Underwriters are happy to insure Technology companies of all sizes and, dependent upon the risk, single layer limits of up to US$10 million are available. We also have access to further capacity in the Excess market. In most cases, we can obtain terms based on domestic applications, and try and cut down on form filling for the insured where possible.
Documents AFB MediaTech Liability Policy Declaration Brit Tech Liability Insurance Policy AFB MediaTech General Liability Insurance Wording AFB MediaTech Technology, Media & Professional Liability AFB MediaTech Application for Third / or First Party Coverage
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