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Technology Professional Liablity
This product targets technology service companies with up to $10,000,000 in gross annual revenue.
Risks With Highest Hit Ratio!
- Gross annual revenue up to $2,000,000.
- No errors and omissions claims or incidents in the past 5 years.
- At least 3 years in operation or 3 years of related experience.
- The following service providers:
- Document management
- Equipment evaluation/selection
- Graphics/presentation materials
- Network design/integration
- Package software installation
- Programming/custom software development
- Training and education
- Web page designers
Eligible Risks With Next Highest Hit Ratio!
Includes all of the above characteristics except where amended below -
- 1 or 2 errors and omissions claims or incidents in the past 5 years.
- The following service providers:
- Firms with less the 20% of revenue from software
- Manufacturing or website hosting by a third party
- Hardware installations or maintenance
- Basic computer security less than 50% of gross revenue
Product Advantages
- A++ rated carrier.
- Optional Broad Form Endorsement which includes coverage for personal injury, intellectual property, unauthorized access and malicious code.
- Defense outside the limit.
- Duty to defend.
- Ability to provide errors and omissions, general liability and/or property coverage separately with other JHA markets.
- Full prior acts coverage available.
Program Limits & Retentions
- Up to $5,000,000.
- Retention's start at $1,000.
