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

 

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