Technology
Technology Professional Liability Technology products and services are not an exact science. All people have experienced problems using technology; sometimes these problems are attributable to the user and other times it is due to the technology itself. Although it has become somewhat accepted that technology does not work from time to time it does not mean that claims do not occur. Technology professional policy forms are designed to protect the insured from negligence in the performance or failure to perform professional services. Coverage enhancements for the class of business include personal injury coverage arising out of professional services, coverage for unauthorized access by a third party, transmission of virus by a third party, and intellectual Property Coverage.
Privacy Liability
Whether you are a small retail store or a physician’s office, it in incumbent upon all businesses to take care of and protect the personal information of their clients.
This includes coverage for:
Electronic and non-electronic security events including phishing, social engineering and physical theft
Anyone’s act, error, or omission including but not limited to outsourcers or vendors
Sub-limited coverage for CMR 1798 – security breach notification costs and coverage of subsequent credit monitoring
payments for affected parties
Breach of statute including HIPAA (Health Insurance Portability and Accountability Act)and GLB (Gramm Leach Bliley Act of 1999)
Breach of confidence or violation/infringement of any rights to privacy
Defense costs and penalties relating to civil regulatory actionsfor privacy breaches
Infringement of intellectual property rights including copyright, trademark, trade dress, cyber squatting, moral rights violations
or any act of passing-off
Defamation, including but not limited to libel, slander, and trade libel or product disparagement
Negligent transmission of a computer virus, worm, logic bomb or Trojan horse
Cyber Business Interruption
This the newest coverage protecting insureds conducting business via the internet from economic losses sustained as a result of web-sites and/or systems being brought down by malicious code or network security breaches.


