Technology business insurance solutions

Zurich’s approach to technology errors and omissions coverage is designed with innovative companies in mind. Our errors and omissions liability policy, called Zurich Pro Plus™, helps you address the evolving needs of your technology business by combining extensive insurance protection with the flexibility to choose desired coverages.

Zurich Pro Plus™ provides limits of up to $25 million and offers qualified customers extensive insurance protection with the flexibility to choose coverage that works best for them — all in one policy:

• Miscellaneous professional and media liability
• Technology and media liability
• System security and privacy liability
• Privacy breach costs

Potential advantages of Zurich Pro Plus™ include:

• Automatic media liability coverage
• Security and privacy protection coverage grants
• The ability to cover professional liability and security and privacy exposures together under a single limit
• Defense costs for privacy-related regulatory proceeding
• Consumer-redress funds coverage following a privacy breach
• 50/50 cooperation clause
• 90-day automatic extended reporting period
• 25 percent automatic acquisition threshold

With enhanced endorsements, Zurich Pro Plus™ can provide an even greater array of protections to qualified customers:

• Additional limit for defense costs
• eDiscovery services
• Crisis-management coverage
• Retention-reduction options
• Alternative dispute-resolution incentives

 

For our large customers, revenue exceeding $300 million, Zurich offers customized solutions which include an enhanced version of the Zurich Pro Plus™ policy form.

Technology companies require an insurance program flexible enough to cover the risks they face today and help manage the risks they may face tomorrow. Zurich understands current industry trends and emerging risks, and can develop a seamless insurance solution tailored to your needs.

Today, companies are redesigning operating models to reduce costs, become more efficient and condense their physical footprints. As a result, many have increased exposure to potential business-interruption losses, both in frequency and severity. Using a suite of analytical and risk-modeling tools, Zurich professionals can help provide key insights into the vulnerability of your supply chain and your potential exposure to a business interruption (BI) loss.

• Business Interruption (BI) Assessment and Interdependency Modeling – An assessment to help understand potential BI and Contingent Business Interruption (CBI) exposures, using special mapping software to help identify and quantify the internal company supply chain and its exposures
  
  
• Business Continuity Management (BCM) Review and Gap Analysis – Benchmarking internal or supplier BCM plans against known standards and best practices
  
  
• Business Continuity Management (BCM) Healthcheck – Diagnostics to help identify strengths and areas for improvement, potentially yielding greater positive outcomes
  
  
• Supply Chain Assessment and Mapping – Using proprietary risk assessment software to help customers map critical supplier and supply exposures