Professional Indemnity

Professional indemnity for technology professionals

The innovative and evolutionary nature of the technology industry needs tailored insurance to cover its professionals who are working at the cutting edge of the digital age.

Highlights of cover

  • Any one claim cover 
  • Bespoke wordings 
  • Able to respond to global professional indemnity/errors & omissions requirements with worldwide jurisdiction
  • Chubb’s distribution network allows global issuance of local policies
  • Able to deploy £/€/$ 10 million per risk
  • Primary, excess layer and quota share options 

Cover

Civil liability as a consequence of: 

  • Breach of professional duty
  • Breach of contract (including liquidated damages and breach of service level agreements)
  • Libel or slander (including but not limited to torts relating to defamation, injury to reputation and emotional distress)
  • Product disparagement or breach of comparative advertising regulations
  • Negligent misstatement
  • Unintentional breach of confidentiality
  • Unintentional interference with privacy rights
  • Unintentional infringement of intellectual property rights including cybersquatting (including but not limited to plagiarism and passing off, infringement of trademark or slogan, breach of license to use copyrighted material)
  • Fidelity
  • Loss of or damage to documents
  • Transmission of a computer virus, denial of service, malicious cyber attack

The policies also extend to cover the insured’s: 

  • Public relations and crisis management costs
  • Costs to withdraw content as a result of a complaint to any official regulatory or self-regulatory body
  • Costs to mitigate a claim
  • Subpoena defence costs
  • Costs to defend an investigation brought under the Data Protection Act, payment for court attendance and representation costs
  • Costs for prosecuting someone who has infringed your intellectual property