Product Information

Tailored for the Technology Industry with customised terminology, coverage and extensions and providing the benefit of three essential insurances in one seamless but flexible policy offering broad technology liability, general and products liability and product recall expenses.

Policy Features

Section 1 – Technology Liability Coverage

  • Broad civil liability coverage
  • Breach of Professional Duty
  • Confidentiality and Privacy
  • Computer Virus Transmission
  • Contractual Liability
  • Defamation
  • Dishonesty
  • Intellectual Property Infringement
  • The Australian Consumer law
  • Warranty of Authority
  • Web Activities
  • Unauthorised Access or Use
  • Attendance Costs to $100,000
  • Claims Preparation Costs to $25,000
  • Compensatory Orders
  • Consultants and Agents
  • Declaratory Relief Actions
  • Extended Continuous Cover
  • Extended Reporting Period (Sixty Days)
  • Inquiry Costs
  • Irrecoverable Fees
  • Joint Venture Liability
  • Loss of Data or Documents
  • Public Relations Costs to $50,000
  • Reinstatement of Limit of Indemnity (Unlimited available)
  • Run-Off Cover
  • Supplementary Extended Reporting Period (365 days) (available)
  • Fidelity to $250,000 (available)
  • Previous Business (available)
  • Costs in Addition Limit of Indemnity
  • Costs Exclusive Excess (available)
  • Territory – Worldwide excluding USA

Section 2 – General Liability Coverage

  • General and Products Liability
  • Attendance Costs to $100,000
  • Claims Preparation Costs to $25,000
  • Cross Liabilities
  • Joint Ventures
  • Lessors of Equipment
  • Principal’s Indemnity
  • Tenant’s Liability
  • Care, Custody and Control – Property to $250,000
  • Care, Custody and Control – Vehicles to $250,000
  • Territory – Worldwide excluding USA

Section 3 – Product Recall Expenses

  • Product Recall Expenses to $250,000
  • Territory – Australia
Pen Underwriting