Global technology is on pace to post record revenues and growth. As the industry grows, the threat posed by liability also increases. As with any other type of business, tech companies face liability issues, but the uniqueness of the tech sector means ordinary liability protection is insufficient. …
Technology Insurance
What Does A Cyber Insurance Broker Do For A Technology Insurance Company?
The United States accounts for the largest portion of the global technology industry. With so many industry sectors relying on the technology industry, providers must examine whether they are adequately protected should something go wrong. Technology insurance is a relatively new type of insurance …
What Does Cyber Liability Insurance Cover?
Cyber liability insurance covers the expenses of legal representation, public relations and other costs that may arise from a lawsuit after a data breach or issue with information mismanagement. It is often a necessary expense for technology companies who hold personal client information in an …
Liabilities Associated With Software Failure
Almost every organization, whether small or large, could risk software failure for any number of reasons. Whether it’s mobile or web applications, operating systems (Linux, Mac OS X), email programs (Outlook, Gmail) or databases (Access, FileMaker Pro), all of these types of software can easily …
Technology Insurance For Small Businesses
Small businesses in the United States are constantly seeking new ways to not only grow in a rapidly changing economy, but also to protect themselves from any risks that may arise when conducting operations or transactions. Sensitive information breaches represent just one of the most common threats …
Why Software Developers Need Technology Insurance
Software developers often do not think about acquiring insurance specific to technology. It is a common misconception that cyber insurance and other forms of liability insurance will cover any liabilities that a software developer may be exposed to; however, this is not always true. In fact, …