High E&O Limits Difficult For Small Tech Accounts

We were recently approached by a small tech prospect who requested a $10,000,000 Errors & Omissions Liability limit (AKA Professional Liability) to comply with contractual requirements of a project owner. Our primary E&O market for tech accounts is approved to handle limits only up to...

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http://www.insurancefortechs.com/high-eo-limits-difficult-for-small-tech-accounts.html

Most Common Sources Of Tech Lawsuits

IT professionals such as computer consultants, web designers, programmers, system integrators, etc. face lawsuit risks from their clients and users of their client’s services. The most common sources and corresponding insurance policies are outlined below:
1. Bodily Injury And Property...

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http://www.insurancefortechs.com/most-common-sources-of-tech-lawsuits.html

Pictograph Illustrates Cyber Risk

We came across an excellent pictograph that illustrates the risks involved in not protecting company information. Company reputation, customer satisfaction, and business opportunities are just a few examples of what is at risk due to cyber threats from failing to protect private data. Here is a...

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http://www.insurancefortechs.com/pictograph-illustrates-cyber-risk.html

Attorney Advises On Social Media Exposures

According to Daniel Maldonado, attorney with Kunz Plitt Hyland & Demlong,the Internet and Social Media increasingly affect businesses, which also can cause substantial loss exposures.
Social Media Liability can be defined as a liability exposure arising out of using social media or...

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http://www.insurancefortechs.com/attorney-advises-on-social-media-exposures.html