IT Contractors

IT Contractors

A face paced Information Technology (IT) requires a vigorous and comprehensive cover to protect you from a wide range of third party and related risks.

When you work in the Information Technology Industry, it can become complex very quickly. Often in this industry you are providing various services, such as:

  • IT and Network Consulting
  • Developers and designers
  • Hardware Engineering
  • Manufacturers, suppliers and distributors
  • Database/Software Programming
  • Consultants or project managers
  • Website hosting and data services providers.


The main Insurance coverage you would generally come across in this industry is:

  • Professional Indemnity
  • Contractual Liability
  • Public Liability
  • Cover for Hardware

Claims Example | Lost Data

An IT company was engaged to provide a practice management system for a professional services firm. Following implementation of the system there were a number of problems with system crashes and data loss. The firm claimed compensation for consequential loss of revenue due to the loss of records of billable hours entered by fee earners and breach of contract in the amount of $700,000.

 

Talk to our brokers today to arrange you tailored insurance program that can respond to claims against your products, services or advice.

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