We recognise that technology companies are different from traditional professionals. Not only is the current legal landscape immature and constantly evolving, but the products are cutting-edge with capabilities not envisaged when most insurance policies were written. In addition, operations span international borders and products are distributed around the globe.
Esurance® TECH has been designed with all this in mind, providing broad, specialist cover for technology companies of all sizes.
Esurance® TECH is a modular policy targeting key professional liability exposures for technology companies. Features include:
- Clear, unambiguous cover for breach of a client contract providing you with certainty that this critical exposure is covered
- Full civil liability coverage, not just negligence
- Comprehensive first and third party cyber and privacy cover
- Specific cover for breach of intellectual property rights
- Cover for suits brought anywhere in the world as standard
- Payment of fees withheld by an aggrieved client if this mitigates a potentially larger claim
- Reimbursement of costs incurred to help reduce or avoid a claim
- Punitive and exemplary damages cover where allowed by law
- No exclusions for civil fines and penalties, project delays, third party defects or bugs post acceptance
- No pre-defined definition of technology activities that restricts cover
- Limits of liability available up to €7,500,000
- A range of reinstatement options available
- Excesses starting from as little as Nil
- Premiums starting from as little as €300
We recognise that technology companies want to buy their insurance quickly and simply. That’s why our insurance policy is backed up by exceptional service levels featuring:
- Over 90% of quotes provided within 24 hours
- A “fast-track” service for urgent submissions
- Over 99% of policies issued on the same day of binding
- Claims handled by reputable and experienced claims managers
All this at very competitive prices. To obtain a quote all we need is the completed Esurance® TECH Application Form.