IT Insurance protection for organisations against legal liability arising from the failure of their products, services and/or solutions (a combination of both) to conduct of the business.
Information Technology Liability Insurance combines traditional product liability insurance coverage to protect against to the specialist exposures of Information Technology suppliers and consultants. In addition to product coverage the IT Insurance incorporates both Professional Indemnity and Public Liability into one insurance solution for the Information Technology industry.
If your business develops, licenses, manufactures or advises any form of Information Technology and related services you could be exposed to litigation:
- Computer Consultants
- Hardware/Software Resellers
- Software Developers
- Hardware Manufacturers
- Internet Service Providers
- Web Hosting
- Internet Services
- Telecommunication Services
- Systems Integration
- Maintenance & Repair
- Data Processing
- Data Warehousing/Bureau Services
- Education and Training
- Facilities Management & Outsourcing
- IT Recruitment & Placement Services.
The nature of IT industry means that it is likely to be confusion over whether a claim should fall under a public/product liability policy (covering third party claims for property damage and personal injury), or a professional indemnity policy (that covers third party claims for financial loss). If the policies are placed separate and, particularly, if they are placed with different insurers, a claim could potentially fall between the two policies.
PSC Connect Authorised Representatives specialise in IT Insurance. Through leading insurers, our Authorised Representatives can offer a comprehensive range of products that can be tailored to suit your business needs.
Our experienced PSC Connect Authorised Representatives can help you get the right insurance cover by assessing your specific needs and recommending the best value insurance solution for your business, whilst still maintaining the highest standard of cover.