Technology Industry

Insurance Solutions: Technology Industry

In addition to the fundamental needs of business in general, we understand the intricacies of protecting technology firms. The speed of technological change can overtake even the most tech-savvy organization. Laws governing contracts and other areas of business generally lag far behind technological innovation, placing technology firms, contractors and consultants at enormous risk in the event of litigation involving real or perceived defects in their products and services. For this reason, technology and IT related industries are often required to protect against claims for business loss and damages which general liability coverage does not provide.

Another concern inherent in the global sphere of technology is intellectual property, specifically infringements of patents or copyrights. Computer and network security pose risks for claims arising from violations of privacy, security breaches, damages to vital corporate data and loss of service. These and related risks require custom coverage created specifically for the technology industry.

Call 757-340-2000 or send us an email for more information.

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