Technology Insurance in detail

The covers you require as a technology company can vary and include a range of different factors. That is why Alan Boswell Group have access to an array of specific policies to help technology companies get the best insurance. Your policy could include:

Public liability Aside from customers' slips, trips, and falls, this would cover you for liability arising out of your day-to-day activities e.g. defective workmanship, faulty goods and services.
Cyber liability Cyber loss or damage, business interruption and extra expense, cyber theft, and cyber extortion.
Breach of written and verbal contract Resulting from products and professional services not conforming to the agreed specifications, or the failure of products to perform the function or serve the purpose intended, including any resulting claim from a written contract giving rise to liquidated damages.
Business interruption Flexible first loss limit covering: gross revenue, increased cost of working, additional increased cost of working, project delivery costs, and research and development expenditure.