Information Technology Liability

Information Technology (IT) Liability insurance has been specifically designed for the complex and diverse Information Technology market. It offers a seamless, packaged liability cover for IT products & services, which includes:

  • Professional Indemnity insurance; and
  • Public and Products Liability insurance.

Legal uncertainty may exist about the nature of the activities provided by IT professionals. For example, it is not always clear as to what is a product (IT goods) and what is a service (IT services).

A PI insurance policy may deem the service being provided to be a ‘product’ (e.g. software design), and hence cover would be excluded under the policy. Whereas, a Public & Products Liability insurance policy may deem the product to be a ‘service’, and hence exclude cover under that policy.

Information Technology Liability insurance overcomes this potential gap in cover for IT professionals

Information Technology Liability insurance may cover:

  • financial losses arising from the supply or installation of products or services when products fail to perform their intended function;
  • financial losses arising from a loss of documents or data;
  • financial losses arising from an unintentional infringement of a third party’s intellectual property rights;
  • financial losses arising from unintentional defamation, including libel and slander;
  • legal liability to pay compensation for personal injury or damage to property caused by an occurrence connected with insured’s business.

Professional Risks Insurance Broker
Professional Risks Insurance Broker
professional indemnity insurance