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Technology Errors and Omissions Insurance

Hiscox USA Technology Errors and Omissions Insurance provides a tailored policy that fits specifically with the needs of the client. From small technology consultants to internet service providers, Hiscox can offer the protection necessary to allow the insured to focus on what is important, their business.

Target classes for this coverage are:

  • Application Services Providers
  • Backup/Disaster Recovery Services
  • Billing Software Providers
  • Cloud Computing Services
  • Co-Location Services & Data Warehousing
  • Computer Installation Services
  • Computer Maintenance Developers
  • Custom Software Developers
  • Data Processing
  • Disaster Recovery Services
  • Financial Software Providers *
  • Internet Exchange Services
  • Internet Service Providers
  • IT Consulting Services
  • IT Forensic Services
  • IT Project Management Services
  • IT Security Software and Consulting
  • IT Staffing Services
  • Managed Hosting Services
  • Middleware and Firmware Software
  • Package Software Developers
  • Project Management
  • Public Key Infrastructure Services (PKI)
  • System Implementation Services
  • Technology Training Services
  • Telecom Services (including VOIP)
  • Website Design Services

Coverage Highlights

  • Duty to defend or duty to pay coverage available
  • Breach of written contract
  • Negligence, including transmission of a virus, worm, logic bomb, or negligence in connection with a denial of service attack
  • Intellectual property infringement including copyright and trademark
  • Unfair competition or deceptive business practices when alleged in conjunction with IP infringement
  • Personal injury coverage including defamation, libel and slander
  • Privacy coverage including breach of security, invasion of privacy, or violation of any other legal protections for personal information
  • First party privacy breach costs for forensics, customer notification and credit monitoring
  • Broad customized definition of covered services
  • Coverage for rogue employees

The Hiscox Technology Protection coverage offers the following:

  • Lloyd’s of London capacity which carries an A.M. Best’s Rating of A {Excellent}, Financial Size: Class XV
  • Policy limits up to $10M
  • Minimum premium of $1,250
  • Minimum retention of $2,500
  • Access to a Toll Free Risk Management Hotline
  • Ability to quote and bind off a variety of applications, not just our own
  • Experienced, diligent and flexible underwriters and support staff
  • Superior claims service handled by in house experts

To find out more
For more information, speak to your usual Hiscox contact or contact our Technology team.

Jim Whetstone
Senior Vice President, Chicago
US Technology and Privacy Manager
Hiscox Specialty
Tel: 312 239 6354
Email: jim.whetstone@hiscox.com

Brian Ross
Senior Underwriter- Technology, New York
Hiscox Specialty
Tel: 914 273 7421
Email: brian.ross@hiscox.com

Matt Donovan
Senior Underwriter - Technology, Atlanta
Hiscox Specialty
Tel: 404 410 2813
matt.donovan@hiscox.com

Meghan Levins
Assistant Vice President- Technology, San Francisco
Hiscox Specialty
Tel: 415 814 1453
Email: meghan.levins@hiscox.com

Daniel Burke
Senior Underwriter - Technology, San Francisco
Hiscox Specialty
Tel: 415 912 1649
Email: daniel.burke@hiscox.com

David Wasson
Underwriter - Technology, Chicago
Hiscox Specialty
Tel: 312 239 6368
Email: david.wasson@hiscox.com


Documents

Type Details
US Technology Protection Policy (DTD)
TMT Technology E&O Application
Technology E&O Claims Scenarios
TMT Technology E&O Renewal Application
Technology Protection Insurance Fact Sheet
Hiscox global technology news issue 1
Hiscox global technology news issue 2
Hiscox global technology news issue 3
Hiscox privacy news issue 1
Breach of Contract Whitepaper 2011
Hiscox global technology review issue 4
Small business IP claim scenario
Webinars
April 5, 2012 Hiscox Technology E&O Emerging Risks webinar recording
November 17, 2011 Cloud Computing webinar recording

 

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