Information Technology

The pace of change in IT is significant. Ever increasing customer demands, new and evolving technology, convergence of communication streams, and changing standards means you are constantly evolving. Such change brings risk.

This is compounded by the need to be ever vigilant to the growing threat of fraud, breach of privacy, piracy and IP infringement.

Even bringing new products to market has become more difficult, with funding more difficult to source, or requiring onerous milestones and conditions that change the viability of your business plan.

Typically, IT services are structured upon various contracts that underpin the delivery of the product and/or service. Contract terms can be onerous, and include terms that:

• include indemnity provisions that extend your ordinary obligations
• remove or severely limit your rights of recovery
• include warranties and representations that extend your ordinary obligations
• include insurance provisions which can leave you exposed to breach of contract
• make you more responsible for the actions of your sub-contractors
• expose you to liquidated damages

Whilst there is a commercial reality to these contracts, some terms do pose serious risk. This is compounded by insurance that typically struggles to incorporate some even less onerous contract terms.

A unique approach.

We offer the Information Technology sector a unique approach to insurance broking and risk management.

Working with our legal services company, indemnitylegal, we can deliver bundled insurance broking and legal risk management services. Not only do we ensure your insurable risks are identified, and cost effectively insured, but indemnitylegal can also work with you, managing your contractual risk, and providing claims management.

Information Technology Products & Services

• IT Liability
• Professional Indemnity
• Public & Products Liability
• Cyber Liability
• Directors & Officers Liability, including Public Companies
• Industrial Special Risks
• Business Interruption
• Workers Compensation
• Statutory Liability
• Employment Practices Liability
• Claims management - both under excess and insured layer
• Contractual risk management
• OHS Management