Technology Liability
In today’s technology driven environment, Technology Liability Insurance protects businesses against financial losses arising from technology-related risks, including professional negligence, cyber incidents, public and product liability. Designed for technology companies, digital service providers , and business reliant on technology, this coverage helps safeguard your operations, reputation, and client relationships in an increasingly technology environment.
What This Policy Covers
Professional Indemnity (Errors & Omissions)
- Financial loss arising from defects, deficiencies, or failure to perform professional services
- Coverage for performance-based contractual liability
- Protection for liability assumed under contracts, including indemnities and hold harmless agreements
Intellectual Property and Media Liability
- Infringement of intellectual property rights
- Violation of privacy rights
- Libel, slander, defamation, and breach of confidentiality
Cyber Enterprise Risk Management
- First-party expenses arising from cyber and security breach incidents
- Third-party liability for digital and network-related exposures
General Liability
- Bodily injury and property damage
- Personal injury and products liability
- Products hazard and pollution liability
Product Withdrawal / Recall Expenses
- Reimbursement of expenses incurred to withdraw, recall, and regain possession of products likely to cause physical injury
Who Should Consider This Insurance?
- Software Developers
- Tech Service Providers
- Network Service Providers
- Cloud Services
- Electronics Hardware Manufacturers
- Data Centres
Why Choose Technology Liability Insurance?
- Enhances credibility with clients and partners
- Supports compliance with contractual and regulatory requirements
- Provides peace of mind in an evolving digital landscape
How to Obtain a Quotation
Coverage can be tailored based on your business activities, industry, and risk profile. Our team works closely with insurers to structure solutions aligned to your operational needs.
To provide an accurate and competitive quotation, the following information is required:
- Letter of Award (Project Risk)
- Scope of Work / Business Activities
- Contract Insurance Requirements / Insurance Section
- Completed Proposal Form
- Other Relevant Information
Terms, conditions, and exclusions apply.