Introducing
Esurance® TECH
We recognise that technology companies are different from traditional professionals. The current legal landscape is immature and constantly evolving. The products are cuttingedge with capabilities not envisaged when most insurance policies were written. Operations span international borders and products are distributed around the globe. That is why technology companies require specialist insurance.
Esurance® TECH is not just errors and omissions insurance. It is a modular policy targeting key professional indemnity 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
- 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
- Virus and hacking liability cover
- Limits of liability available up to €7,500,000
- A range of reinstatement options available
- Excesses starting from just €1,000
- Premiums starting from as little as €1,000
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:
- Most quotes provided within 48 hours
- A “fast-track” service for urgent submissions
- Most policies issued within 24 hours of binding
All this at very competitive prices. To obtain a quote all we need is the completed Esurance® TECH Application Form.
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