Technology E&O Insurance

AXIS Insurance’s Professional Lines Division is a leading underwriter of technology/cyber coverage and other specialty products around the globe. We have a dedicated team of underwriters and lawyers who are specialists and use expertise developed over 20 years to deliver risk management advice, customized insurance solutions and excellent claims service.

Our AXIS TechPlus policy addresses liability exposures arising from software products, security breaches, content dissemination and the performance of professional services. The policy is designed for any company providing technology, telecommunications and/or Internet-based services or products.

Neil Arklie

  • Vice President
  • Office: +020-7877-3860
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Coverage Capabilities

Capacity up to £10,000,000 (or currency equivalent)

Aggregate or Any One Claim Policy Limits

Single policy that can cover a technology company’s liability for:

  • Unintentional Breach of Contract to Design, Develop, Produce or Supply Software
  • Negligent Acts, Errors or Omissions
  • Invasion of Privacy/Publicity
  • Intellectual Property Infringement
  • Defamation
  • Breach of Confidence
  • Fraud/Dishonesty of Employee
  • Failure to Prevent Unauthorized Access, Use of, Tampering with or Introduction of Malicious Code
  • Denial of Access or Denial of Service Attack
  • Civil Liability

Disputed Fees Coverage

Additional coverage available by endorsement for:

  • Data Breach Notification, Credit Monitoring, Public Relations and Forensics Expenses
  • Computer System Extortion Expenses and Loss
  • Regulatory Action Defense Costs
  • Business Interruption Loss
  • Data Recovery Expenses

Worldwide Coverage

Primary and Excess

 

Sample Classes Insured

  • Application Service Providers
  • Technology Consultants
  • Database Managers, Data Conversion and Data Storage Services
  • Internet and Digital Media Services
  • Network Security Services
  • Electronics Manufacturers
  • Network Developers, Managers and Consultants
  • Search Engines
  • Website Developers, Designers, Consultants, Hosts and Administrators
  • Software Developers
  • Telecommunications and Wireless Services
  • Information Technology Services
  • Games Developers
 

Coverage is underwritten by a member company of the AXIS group of insurance companies. Coverage may not be available in all states and jurisdictions.