Brave new world, brave new thinking

Technology is evolving at an ever-faster rate. So quickly, in fact, that the risks faced by technology businesses today are almost certain to be different tomorrow. And as technology evolves, so does the need for insurance cover that is flexible enough to respond.

Travelers is committed to being the leading insurer of technology companies in the UK and Ireland and we believe that our deep understanding of the issues faced by technology companies and our experience of this dynamic sector put us ahead of the competition.

What’s more, our new warranty free insurance products for the IT & Communications and Electronics sectors provide a range of comprehensive and flexible benefits that may not be available from other insurers. These include protection from business critical threats, such as claims in respect of advice, products and services provided to clients, allegations of breach of contract, 3rd party cyber liabilities and 1st party cyber attacks (including costs associated with data security breaches), breach of intellectual property rights and automatic worldwide jurisdiction, including North America.

As well as the ability to provide cover for professional indemnity, as part of our Technology package wording we are also able to offer a stand-alone product covering professional indemnity, intellectual property rights and cybermedia liability.

From simple to complex risks, all underwritten individually, our technology products are tailored to meet clients’ needs and priorities. Expert risk managers will take the time to advise clients on current and emerging risks whilst our dedicated claims team is standing by to provide knowledgeable support if something goes wrong.

Spotlight on Technology Insurance

A Travelers/Insurance Times survey asked brokers for their views on how the insurance industry caters for the ever-changing needs of technology companies

Brokers’ verdict on technology insurance  >

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