Technology Companies Liability Insurance
Holman Insurance Brokers Ltd. was created to provide tailored coverage for risks associated with unforeseen software failures, intellectual property infringement, breach of confidentiality – as well as general liability claims that may arise against your company and employees.
Intellectual Property, Software Failure, Breach of Confidentiality & General Liability for IT & Technology Companies.
Professional Service Liability – Covers all associated legal fees for situations affecting you or your business for claims associated with:
Intellectual Property Infringement – while installing/developing software or hardware, you accidentally infringe on intellectual property owned by your client or a third party.
Breach of Confidentiality – you unintentionally reveal confidential information related to your client while working on their IT infrastructure.
Software Failure – a software product you develop or install unexpectedly fails to perform properly, causing direct financial losses for your client.
Coverage under this program is administered by Holman Insurance Brokers Ltd. We have engaged in a marketing process to offer a competitive product on a group basis with insurers but we have not acted as a broker for any individual customer. Should your application not be accepted for whatever reason by the insurer, the information may be used by Holman to seek an alternative insurer if available.
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