Technology

TechNet Solutions™ insurance coverage addresses the rapidly evolving errors & omissions exposures in the world of data, network security and technology.

We provide liability coverage for any company providing technology, telecommunications and/or Internet-based services or products.

First party crisis management, public relations, and computer system extortion coverages to help cover the costs of potential or actual information security breaches are also available by endorsement.

Breach Response Coverage Enhancements Available for your Policy

AXIS policyholders have the ability to add important coverages to their existing professional insurance policy to help manage the impact of a data breach. Please contact an underwriter here or your broker for more information on how AXIS can help businesses respond to a security and privacy event.  

If you Already Have Breach Response Coverage 

For payment of data breach expenses under your policy, you may access AXIS' list of vendor partners here. These vendors are pre-approved by AXIS to provide breach related services to you, subject to the terms and conditions of your specific policy.

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Tim Covello

Executive Vice President

+1-860-707-1701

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​​​​​​​​Please direct all submissions here

Highlights

Admitted and non-admitted

Worldwide coverage (where allowed by law)

Up to $20,000,000 policy limit capacity

$1,000 minimum premium for a limit of $1,000,000

$500 minimum SIR

Single policy that can cover E&O liabilities for:

  • Technology services including telecommunications and Internet-based services
  • Technology products
  • Network security
  • Data/privacy
  • Content
Products & Capabilities
  • Errors, omissions and negligent acts in the performance of services
  • Failure of technology products to perform the function or serve the purpose intended
  • Copyright and trademark infringement
  • Libel/slander
  • Denial of service attacks
  • Accidental introduction of malicious code
  • Failure of security of your computer system
  • Disclosure of financial, healthcare or consumer information
Optional Coverage
  • Crisis Management and Public Relations Expense
  • Computer System Extortion Expense and Loss
  • Regulatory action defense including fines and penalties
  • Business Interruption Loss and Data Recovery Expense
Target Classes
  • Application Service Providers
  • Technology Consultants and Data Storage Services
  • Internet and Digital Media Services
  • Network Security Services
  • Electronics Manufacturers
  • Search Engines
  • Network Developers, Managers and Consultants
  • Web Site Developers, Designers, Consultants, Hosts and Administrators
  • Software Developers
  • Telecommunications and Wireless Services
  • Information Technology Services
This web page is for descriptive purposes only and does not provide a complete summary of coverage. Consult the applicable insurance policy for specific terms, conditions, limits, limitations and exclusions to coverage. Coverage may not be available in all states and jurisdictions. Coverage is underwritten by a member company of the AXIS group of insurance companies.