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Technology E&O 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
  • Business Process Outsourcing (including IT outsourcing)
  • 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)
  • Video Game Developers
  • Website Design Services

Coverage Highlights

  • Duty to defend coverage
  • Breach of written contract with a client
  • 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 customer notification, credit monitoring, and other identity theft assistance services
  • 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 $2,000 for a $1M Limit
  • Minimum retention of $2,500
  • Access to a Toll Free Risk Management Hotline
  • Duty to defend basis
  • 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.

Brian Thornton
U.S. Technology Manager
233 North Michigan Avenue
Suite 1840 - Chicago, IL 60601
Tel: 312-380-5556
Fax: 914-273-7444
Email: brian.thornton@hiscox.com

Meghan Levins
Assistant Vice President - Technology, Media and Telecom Underwriting
230 California Street
Suite 510
San Francisco, CA 94111
Tel: 415-814-1453
Fax: 914-273-7444
Email: meghan.levins@hiscox.com

Brian Ross
Technology Underwriter
521 5th Avenue, 38th floor
New York, NY 10175
Tel: 914-273-7421
Fax: 914-273-7444
Email: brian.ross@hiscox.com

Michelle Lang
Technology Underwriter
233 North Michigan Avenue
Suite 1840 - Chicago, IL 60601
Tel: 312-380-5557
Fax: 914-273-7444
Email: michelle.lang@hiscox.com

Oliver Brew ACII, CIPP
Senior Vice President - Technology Underwriter
521 5th Avenue, 38th floor
New York, NY 10175
Tel: 914-273-7448
Fax: 914-273-7444
Email: oliver.brew@hiscox.com

Jim Whetstone
Senior Vice President - Technology Underwriter
233 North Michigan Avenue, Suite 1840
Chicago, IL 60601
Tel: 312-239-6354
Fax: 914-273-7444
Email: jim.whetstone@hiscox.com

David Chavez
Senior Vice President - Technology Underwriter
230 California Street
Suite 510
San Francisco, CA 94111
Tel: 415-814-1447
Fax: 914-273-7444
Email: david.chavez@hiscox.com

John O'Neil
Senior Vice President - E&O
One International Place
Suite 7008
Boston, MA 02110
Tel: 978-276-6256
fax: 617-737-5015
Email: John.O'Neil@Hiscox.com


Documents

Type Details
Duty to Defend US Technology Wording
TMT Technology E&O Application
Technology E&O Claims Scenarios
TMT Technology E&O Renewal Application
Technology Protection Insurance Fact Sheet

Hiscox Inc. ("Hiscox") is a licensed insurance intermediary for admitted and surplus line business across the US. Hiscox underwrites on behalf of, and places business with, select US admitted carriers and syndicates at Lloyd's of London (www.lloyds.com).

The ability of syndicates at Lloyd's of London to do business in the USA and US territories is restricted because they are not US-based insurers. This communication provides general information on Hiscox's products and services only and is not intended to be, and does not constitute, a solicitation of business by syndicates at Lloyd's of London from or in respect of the USA and US territories.

Enquiries as to insurance or other products or other services from US residents should be directed to an insurance agent or broker licensed to conduct business in the relevant US state, and anybody requiring further about an insurer's ability to do business in the USA and US territories should contact an appropriate insurance intermediary for advice.


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