Information Technology Insurance
Information Technology Insurance Broker that will protect your IT Business with tailored Insurance Solutions
Information Technology Insurance
Information Technology Insurance Broker that will protect your IT Business with tailored Insurance Solutions
What Is Information Technology Insurance?
Information technology insurance is a broad all encompassing insurance policy that protects your IT business from errors and mistakes from the advice you give, the products you sell, or the services you provide that result in injury, or financial loss to third parties, such as your customers.
What does an Information Technology Insurance Policy cover?
What's standardly excluded under an IT Liability policy?
Uninsured business activities
Product recall costs
Injuries to your employees
Asbestos and Pollution Liability
Activities in the US & Canada
Fines & Penalities
Intentional and deliberate acts
Deliberate acts
Claims where you have assumed Liability
Occupational Exclusions
How would an IT policy respond in the event of a claim?
An Information technology liability insurance policy would respond in the event a third party claim is brought against you for actual, or alleged negligence as a result of the services or products you’ve provided. Your insurer will represent and defend you, including contributing/paying for the legal and defence costs if they were of the stance that you aren’t liable for the claimed damages. If your insurer concludes you’ve breached your Professional duties/liable for the damages brought against your business, they will be quick to negotiate a compensation settlement with the claimant.
What occupations we can insure
Bespoke/Custom Software Development
Enterprise Resource Planning (ERP) Application Services
Hosting Services, Cloud Services
Multimedia Services (Website Related Only)
Network Consultancy and Support Services
Website Hosting Services
Systems Integration Services
Website Design and Development
Data Storage, Data Processing and Data Warehousing
Hardware Manufacture and Sales
IT Security Systems Consulting
Maintenance, Installation and/or Repair of Information Technology Products
Networking Voice & Data Services
Managed IT Services Provider
Software Installation (including configuration, but not code changes)
Telecommunication Services
Data Communication Services
E-Commerce Application Development
Graphic Design (Website Related Only)
Hosting Application Service Provider
IT Help Desk and Support Services
Reselling of Information Technology Products
Outsourcing and/or Facilities Management Consultancy (not including data processing or data warehousing)
Systems Analysis
IT Project Management
IT Consultancy Services
IT Recruitment Services
IT Education and/or Training Services
Internet Service Provider
Value Added Reselling
Supply of Third Party 'shrink-wrapped' Software
Software as a Service (SaaS)
Software Maintenance
How Morgan Insurance Brokers can help your IT Business
Morgan Insurance Brokers has access to leading IT insurance providers that can offer comprehensive solutions. There are many different policies on the market, and we ease the burden of determining which policy is best for you by doing a thorough analysis of the terms, conditions, premiums, and exclusions.
The recommendation we provide to you can be trusted to protect your business going forward.
Contact us today to discuss further.
