Technology Insurance

In the UK an estimated 69% of businesses in the tech sector do not have a specialist Technology insurance policy. This means that many do not have the correct level of cover or policy extensions in place. This means when working within the Technology sector, it’s vital that you ensure you have the right insurance for your business by working with a specialist broker.

You’re involved in some of the most important stages of providing the latest devices and software, providing advice as an expert, installing devices and solving a wide range of problems, often for businesses just as complex as your own.

Your clients rely on you hugely and your expertise and know-how are vital. But what happens if something goes wrong? It’s essential to keep disruption to a minimum and ensure that you have the right support and policy cover.

Technology Insurance specialists

01903 444 951

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Why Choose Jensten?

Our team understand the intricacies of your industry and the specific insurance requirements you have. As the industry has evolved, so have we to make sure our client’s needs are met through industry evolution.

Our team would be more than happy to have a conversation about your Technology risks and insurance needs. Contact us today on 01903 444 951.

Why Is Technology Insurance Important?

Your day to day job will consist of installing equipment, solving technological problems, designing and developing solutions, and handling confidential client data, but what happens if, for example, a client isn’t happy with your work? Or one of your employees is injured therefore causing disruptions to business?

This is why the correct Technology insurance is important. Our brokers will be here to support you when required, allowing you to focus on growing and managing your business.

Some of the main exposures a business in the technology industry will face includes:

Privacy and Data Breaches
Errors and Omissions
Cyber Liability
PCI (Payment Card Industry Association) Compliant Wordings
Intellectual Property Issues
Product Efficacy
Cyber Crime
Loss of equipment
Product Manufacturing

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What Insurance Types are Included in Technology Insurance?

Professional Indemnity Insurance

Professional indemnity cover will help your business to defend itself against any legal action it may face. It’ll help with claims for compensation if you make a mistake, or if a client has claimed you’ve made a mistake and that they’ve lost time and money as a result of this.

Cyber and Data Insurance

As a professional in the Technology industry, you will be well aware of the seriousness of cyber crime. It is an evolving threat that you need to be protected against. Our cyber and data insurance is there to help both you and your clients recover in the event of a cyber security incident, data loss and the process of recovering information.

Public Liability Insurance

It is vital that you’re covered just in case you, or one of your employees, contributes to the personal injury or property damage to a third party.

Personal Accident Insurance

If you or one of your employees is injured at work, whether that’s in the office or out on a site visit, it could easily cause you to lose money and time. Personal accident insurance can help you cover any expenses that may occur.

Finding the Right Technology Insurance For You

Our team will be more than happy to have a conversation about your risks/insurance needs, so contact us today on 01903 444 951.

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Technology Insurance