What type of business is it good for?

  • Companies that create, develop, or manufacture technology hardware or software products
  • Companies that provide technology services to others
Susan MacEachern
AXIS Pro Unit Leader
Insurance
Toronto, Canada
susan.maceachern@axiscapital.comsusan.maceachern@axiscapital.com
Tel +1-416-361-7205Tel +1-416-361-7205

Solution

AXIS Global Cyber Technology Insurance

Insurance
AXIS Cyber Technology Errors & Omissions Insurance addresses the rapidly evolving errors and omissions exposures in the world of technology products and services. We provide innovative, tailored solutions for liability exposures arising from software products, security breaches, content dissemination and the performance of professional services. Our products also provide first-party crisis management, public relations, and computer system extortion coverages to help cover the costs of potential or actual information security breaches. AXIS Cyber Technology Errors & Omissions Insurance addresses the rapidly evolving errors and omissions exposures in the world of technology products and services. We provide innovative, tailored solutions for liability exposures arising from software products, security breaches, content dissemination and the performance of professional services. Our products also provide first-party crisis management, public relations, and computer system extortion coverages to help cover the costs of potential or actual information security breaches.

Single policy that can cover liability for:

  • Breach of confidence
  • Defamation
  • Denial of access or denial of service attack
  • Fraud/dishonesty of employee
  • Failure to prevent unauthorized access, use of, tampering with, or introduction of malicious code
  • Intellectual property infringement
  • Invasion of privacy/publicity
  • Negligent acts, errors or omissions
  • Unintentional breach of contract to design, develop, produce or supply software

CYBER 2

  • Business interruption loss
  • Computer system extortion expenses and loss
  • Data breach notification, credit monitoring, data recovery expenses, public relations expenses
  • Forensics and legal expenses
  • Regulatory action defense costs
  • Broad additional cyber perils
  • Application service providers
  • Business process outsourcing providers
  • Cloud providers
  • Database managers, data conversion and data storage services
  • Electronics manufacturers
  • Information technology services including testing, implementation, and maintenance services
  • Infrastructure as service providers
  • Internet and digital media services
  • IT Security and forensic consultants
  • Network developers, managers and consultants
  • Network security services and managed security service providers
  • Search engines
  • Software and hardware manufacturers
  • Technology consultants and data storage services
  • Telecommunications and wireless services 
  • Value added resellers
  • Website developers, designers, consultants, hosts and administrators

Documents

AXIS Cyber Technology Insurance Appetite Guide