IT Professionals Insurance
We have many years’ experience which helps us to understand the insurance requirements of IT Professionals.
Technology is a huge part of everyday life and is present in nearly every business around the globe.
Technology’s development is closely followed by the legislations that governs its use, the data it utilises, and the penalties associated with breaches of this increased legislation. Many technology companies have also seen an increase in the contractual requirements from their clients, which along with the increased legislation levied on the industry, has only increased the potential for claims to be brought under technology insurance and IT professional indemnity insurance.
IT Professionals Insurance is a specialist area of insurance, incorrectly placed policies can lead to gaps in your cover and potentially disastrous costs in case of a claim. For this reason it’s essential to get cover from a broker who will understands your business and the industry.
Lloyd’s is proposing to transfer certain EEA insurance policies to Lloyd’s Brussels. The proposed transfer will not change terms and conditions of any policy, except that Lloyd’s Brussels will become the insurer and Data Controller in respect of the transferred policies.
Further information about the proposal (including whether it could affect your pre-transfer position), which policies are transferring, your rights and what you need to do can be found at www.lloyds.com/brexittransfer