Tailored-made insurance Information technology is a continually evolving industry that creates many unique insurance risks not typically experienced by other more established industries. These require specifically designed insurance policies on which we can offer expert advice and guidance. At the same time technical advice and services provided by IT companies and their contractors require robust insurance back up should there ever be a claim.
Miscommunication and allegations of breach of contract are the biggest challenges to overcome on an IT project. You may be sued and the costs of defending yourself and any potential award could be significant.
Professional Indemnity insurance can protect your financial interests when things go wrong. We have access to specialist policies that can also protect your professional reputation and most importantly your relationship with your clients.
We can offer insurance to protect you against:
Loss of or damage to IT equipment
Products and professional liability
Risks arising from failure of software or service
Unauthorised use
Cyber liability
Our technology insurance advisers will help you arrange an insurance solution that suits your needs to ensure your company and staff are properly protected against possible future claims. We can also help you to understand the multitude of difference in cover you can find in different policy wordings.
Standard insurance policies may leave you vulnerable to risks unique to the IT industry. Not only might these cost you more, they may not actually give you the cover you are expecting. With our knowledge and expertise in technology insurance you can rest assured you will be properly protected.
Towergate ghbc is a trading name of Towergate Underwriting Group Limited and is authorised and regulated by the Financial Services Authority.
You can check our details on the FSA register (www.fsa.gov.uk/register) under Firm Reference Number 304426
