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Today’s Information Technology firms face a multitude of challenges to find suitable coverage for their increasingly dynamic exposures. Solution – MediaTech, a product that offers a greater selection of coverages that your client can choose from to ensure that they have the coverage they need for today…and tomorrow.
Under a single integrated policy, the MediaTech form provides broad coverage for technology and business services companies including:
- Professional and Information Technology Services: Errors & Omissions coverage for Technology based services but also for other type of non-technology related service that your client may provide. This eliminates the need for two separate policies.
- Technology Products: computer or telecommunication hardware or software or related electronic product.
- Network Security including: theft of data, unauthorized access, malicious code and denial of service attacks
- Multimedia and Advertising including coverage for:
- defamation, libel, slander, product disparagement,
- invasion of or interference with the right to privacy or of publicity,
- misappropriation of any name or likeness for commercial advantage,
- plagiarism, piracy or misappropriation of ideas,
- infringement of copyright,
- infringement of trade dress, domain name, title or slogan
- misappropriation of trade secret
Targeted Classes
Software
- Consulting and Training
- Implementation and integration
- Design and analysis
- Development of package software
- Custom software development
- Data processing
Hardware
- Consulting and Training
- Installation and integration
- Analysis, support and maintenance
- Hardware/Software Reseller
- Application Service Providers
- Web site development
- Hosting
- Networking
- Communication systems
- Design, analysis, installation and support
Other wording highlights
- Broad definition of non technology professional services
- Coverage is now extended to the Insured’s independent contractors while working on their behalf
- Higher Limits available on Multimedia and Advertising
- Innocent Insured coverage
- Contingent bodily injury and property damage extension available
- Mergers and Acquisitions clause automatically extending coverage to the acquired entity whose annual revenues are less than 10% of the Named Insured and any of their subsidiaries
- Worldwide Territory and Jurisdiction
- Duty to defend worldwide
- Punitive or exemplary damages where insurable by law
- Canadian or U.S. currency available
- Extended Reporting Period available
Click here to complete or download an Application now.
Please call or email for a copy of the policy wordings for exact terms and conditions.
Ensure that your clients have complete insurance protection by including these other fine products that have been designed to complement our Information Technology Liability policy:
If you have further questions about this facility, please contact a member of our Information Technology Underwriting Team, who can provide you with specific details regarding terms, conditions, coverages and exclusions. |
