technology e&o
Humans are imperfect, and liability damages may cost hundreds of thousands of dollars. This Technology Errors & Omissions policy will pay defense costs and judgments that come from claims of wrongful acts, missed deadlines, errors or omissions or failure of technology products or services to perform as intended. This specialized program for technology companies is your client’s safety net against allegations – whether warranted or not – defamation, and possible bankruptcy.
COVERAGES
- Technology service professional liability
- Technology products liability
- Employer’s liability
- Data breach security liability
- Data privacy liability
- Business interruption
- Property
- Extortion demand
- Breach of contract
- Full prior acts coverage
- Media and intellectual property coverage
HIGHLIGHTS
- A.M. Best rated “A+” admitted
- Company-wide coverage
- Automatic additional insured where required by written contract
- Automatic coverage for newly acquired entities
- Defense outside the limit available
- Coverage for both compensatory and consequential damages
- Competitive pricing and commissions
- Limits available up to $15,000,000 with various deductible options
- Higher limits available with excess coverage
- No exclusion for losses resulting from unauthorized access
- Fast turnaround
- Risk management services available
- Superior claims handling, service and benefits coordination
SUBMISSIONS
Email the following to submit@midman.com:
- 5 years currently valued loss runs
- Completed Midlands Technology E&O Application
UNDERWRITER
Jennie Reed
(972) 588-2007
jreed@midman.com