Cromar Tech Insurance Solution
Tech Insurance Solution designed for a wide range of technology companies, our policy addresses the costs associated with delays, mistakes, oversights and miscommunication, along with other traditional and emerging risks that technology companies face.
Any technology provider, including but not limited to software development, software installation and maintenance, hardware design, hardware installation and maintenance, data processing, internet services, data and application hosting, computer systems analysis, consulting, training, programming, systems integration, IT support and network management, IT security consultancy and services, control systems integrators and Internet of Things.
Products and services liability
We understand that modern tech companies are diverse and unique - they may provide software, hardware, advice and consulting, as well as manual work such as installation. This is why our cover neatly protects them for a whole range of losses, from financial loss to bodily injury or property damage, that may arise from providing such wide ranging products and services.
Breach of contract
Almost every company in the tech space will have written contractual agreements with their clients. Our policy provides unambiguous cover for legal liability arising from breach of client contracts.
Intellectual property rights infringement
The technology industry is an area of fast growth and innovation which means IP infringement is an incredibly common risk. Our policy provides protection against a whole host of IP infringement allegations such as copyright and trademark infringement.
Comprehensive cyber cover
Technology companies often find themselves responsible for large amounts of data, including third party data. Our comprehensive cyber cover offers robust network and privacy liability protection to ensure that any cyber liability arising out of technology activities is adequately covered.
We also provide cover for a wide variety of cybercrime events including social engineering scams, invoice fraud, ransomware, and targeted extortion. This section also includes affirmative cover for new types of cybercrime, such as cryptojacking.
- Commercial general liability
- Cybercrime cover