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IT Liability Insurance

Information Technology Liability insurance provides protection for organisations against legal liability arising from the failure of their Products, Services, and/ or Advice. Coverage under this policy enhances the traditional Public and Products Liability Insurance to respond to specific industry exposures and incorporates Professional Indemnity (Errors and Omissions) Cover into one comprehensive policy.

Cover is generally provided for the defence costs associated with defending legal actions, as well as the costs of compensation awarded to the third party claimant. Coverage can be tailored to incorporate breaches of Intellectual Property Rights; Privacy; Libel; Slander and other forms of Defamation; Breach of Confidentiality. As well as the traditional third party personal injury; property damage, pollution liability, advertising liability and Financial Loss claims from defects and deficiencies or failure to perform actions under the Professional Indemnity Section.

 

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