Technology
Berkley Canada recognizes that a ‘one-size-fits-all’ solution does not allow technology firms to adequately manage their exposures. At Berkley Canada our products are customizable and include coverage enhancements such as Technology E&O, Network Security & Privacy Breach Liability, Electronic Media Liability, Intellectual Property coverage, and supporting First Party coverages.
Unique Features
• Flexibility to mix-and-match coverage and limits for all third party and first party coverages
• Option to include CGL and Property coverage customized to the risk
• Consideration given to most classes
• Ability to customize definition of professional services
• No cap on revenue generated from the U.S.
Products
• Technology Professional E&O
- Intellectual property coverage
• Electronic Media Liability
• Network Security & Privacy Breach Liability
- Privacy breach expense
- Information asset expense
- Business interuption expense
• Supporting Property & General Liability package available
• Stand alone Cyber Liability available for non-technology companies
• Excess
Capacity
$10 Million
Risk Appetite
Very broad, including but not limited to the following:
• IT consultants
• Internet service providers
• Software including sales, consulting, training, data processing, integration and design/analysis
• Custom and pre-packaged software developers
• Hardware including manufacturing, sales, distribution, and wholesale
• Computer equipment and/or component including manufacturing, sales, distribution, and wholesale
• Network integration, website development, web hosting, and game developers
E&O Policy Highlights
• Full worldwide coverage
• Coverage for delay in performance contract when delay arises out of professional services
• Claims made and reported form, option for full claims made
• BI/PD give back available
Contact an Underwriter
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