What is covered by technology insurance
To help understand what can be insured here are some of the most common technology insurances.
General Liability Insurance
Public and Employers liability protects your business from injury to members of the public or employees while working for you or on your premises.
This covers any equipment such as phones, laptops, scientific equipment and manufacturing machinery from damage and damage the equipment may cause.
Software you have developed or are distributing causes damage to equipment or the business in which it is installed. Say a loss of data or downtime of the businesses systems.
If you connect to the internet or email then you are at risk of cyber-attack. The costs of these attacks to businesses are rising as well as the number of attacks. See our Cyber Liability Insurance page for more details.
If you consult on technology projects or design new technology or software then you are liable for any fault in that design or advice. Professional Indemnity Insurance protects you from any claim made. See our Professional Indemnity Insurance page for more details.