MS Amlin Launches Comprehensive All-Risks Policy for UK Tech Sector

February 14, 2019

MS Amlin, the specialist global re/insurer, has launched a comprehensive all-risks policy designed for the technology sector in the UK, which is called Technology Combined.

The product provides companies with cover against a range of different perils and the sections available include:

  • Cyber and technology E&O
  • Material damage
  • Business interruption
  • Terrorism
  • Computer breakdown
  • Equipment breakdown
  • Equipment inspection service
  • Public and products liability
  • Directors & officers liability
  • Theft by employee
  • Legal expenses
  • Personal accident

The Technology Combined product gives clients more options and greater flexibility, MS Amlin in a statement. As the product is modular in nature, it allows clients to pick and choose products, having as much or as little cover as they require.

“At MS Amlin we understand the importance of specialism and producing tailored products to meet our clients’ individual business needs,” commented Richard Coxon, head of UK Underwriting at London-based MS Amlin, which is a subsidiary of MS&AD Group in Japan.

“The Technology Combined product is designed to reduce any gaps in cover our clients may have and gives them the ability to flex their insurance solution depending on their most prevalent risks,” he added. “In a world where the nature of risk continues to evolve, we remain focussed on the client and providing flexible options that work for them.”

Source: MS Amlin

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