Technology Professionals Need Insurance

September 12, 2018

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Here are just 3 quick samples of insurance claims filed from Technology Professionals:  

Cloud Consultant

A small cloud consulting company was providing services for a law firm. One day, one of the lawyers fell victim to a phishing attack and clicked on a link that infected their entire system. The law firm refused to believe that this could be their fault and brought a claim for damages against the cloud consulting company. The cloud consulting company was not hired to back up data, nor was it hired to train the employees; therefore they did absolutely nothing wrong. Their annual premium of $995 with a $0 deductible was well worth it, as it paid the $36,000 in attorney fees before the claim was closed. Sometimes technology professionals are sued even when they did nothing wrong. Don’t let your insureds go without the coverage they need to defend these claims.  

Graphic Designer

A woman filed an Intellectual Property claim against a website designer/social media marketing consultant. The woman claimed that the artwork displayed on the website was her own, even though it wasn’t. The artwork belonged to the website designer. These types of Intellectual Property claims are very expensive to defend. It’s important for your insureds to have the right coverage in place!  

Software Developer

Have you ever had a bad project manager? What happens when the client recognizes the value of your work, but fires the project manager for not keeping things on track – the entire point of their job! In an attempt to get ahead of possible breach of contract claims against them, the project manager brings a claim against you! Even if it’s not their fault, technology professionals are at risk of losing their assets.   We want to ensure you are protected! Later this week I am going to share about Technology Insurance but if you want a personal quote before then, please call our office today!   Keeping you protected,   Rick   All Access Insurance in Littleton, CO, who represents multiple insurance companies as a “Broker” and provides products for auto, home,  commercial, workers compensation, and much more!   Call us today for a free quote at (303) 932-1700