Technology
Industry

One of the biggest risks in the technology industry is technology itself – even without any physical damage, the impact of a cyberattack, data breach, or just plain failure can be catastrophic. The kinds of exposures that a single event can generate are complex and numerous, with potential issues related to liability, data privacy, and disruption of services, among others. Of course, this list of exposures is constantly evolving and changing, meaning that your situation must be continuously revised. We review potential security risks and contractual agreements to help assure that our clients are well-protected both from a technical and insurance perspective.

That being said, the technology industry is still exposed to some of the more traditional risks that other companies face. Because even small mistakes can be expensive and hard to track down, we make sure our clients have an appropriate program in place for managing professional liability.

High impact areas we review:

  • Adequacy and breadth of Professional Liability coverage
  • First- and Third-Party Cyber exposures
  • Coordinating Crime and Social Media Fraud coverage
  • Customer Contract Negotiation support
  • Service disruption

Industry Insights with Mitch

How well do you really understand your company's insurance?

Our risk management audit process also helps you better understand your company’s insurance program.