Tech
Technology – one of the most entrepreneurial industries globally, Nirvana has a proven track record of providing superior professional coverage for hundreds of tech businesses located in the US, Israel, UK, and EEA at all stages of the growth journey, working with our trusted distribution partners to deliver solutions for our Insureds throughout their growth cycles.
Our Technology Liability solution is designed for businesses which perform technology-based activities and/or provide professional IT services to others. Broad coverage offers protection against a range of risks associated with financial loss as a result of a negligent act, error or omission in the provision of services or the failure of technology products to perform as intended.
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Details
01
Classes
Technology Liability
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Maximum Line
GBP£5,000,000/USD$5,000,000/
EUR€5,000,000 (or currency equivalent)
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Policy Period
Up to 18 months
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Policy Basis
Claims Made
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Risks Located
Worldwide
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Attachment
Primary or Excess
07
Security
A+ Rated Capacity (S&P)
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Details
Industry sectors include
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Application service providers
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Business process outsourcing providers
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Cloud providers
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Digital Marketing
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Games Developers
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Information technology services including testing, implementation, and maintenance services
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Software/Infrastructure/Platform as service providers
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Internet and digital media services
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IT security and forensic consultants
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Network developers, managers and consultants
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Network security services
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Technology consultants
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Telecommunications and wireless services
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Value added resellers
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Website developers, designers, consultants, hosts and administrators
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Financial Services Software
Risks covered include
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Unintentional breach of contract arising from the provision of technology services
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Defamation
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Invasion of privacy/publicity
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Breach of confidence
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Intellectual property infringement
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Failure to prevent unauthorised access to, use of, tampering with, or introduction of malicious code
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Denial of access or denial of service attack
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Negligent acts, errors or omissions
Optional Coverage
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Cyber Liability Extensions (First & Third Party)
