technology insurance News

BHSI Launches Professional Technology Liability Cover in Australia, New Zealand

Berkshire Hathaway Specialty Insurance (BHSI) announced that it has launched Professional First Technology Liability Insurance policies in Australia and New Zealand. Both policies offer broad, customizable professional liability protection for the full scope of services provided by technology and tech-related …

CFC Adds Range of Risk Management Services to Tech Insurance Offering

Specialist insurance provider CFC Underwriting has added a range of free risk management services to its insurance offering for technology companies. CFC, which is a London-based managing general agent, said it has teamed up with experts from around the globe …

Why Uber ‘Depends Heavily’ on Insurance

Uber Technologies Inc., on its way to an initial public offering that some media reports say could raise $10 billion, might not be in the position it is in without insurance. “Our business depends heavily on insurance coverage for drivers …

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

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 …

CNA Hardy Names Chubb’s Legassick as Head of Life Sciences & Technology

CNA Hardy, the London-based specialist commercial insurer, announced the appointment of David Legassick as head of Life Sciences, Technology & Cyber. Reporting to Rhonda Buege, head of Healthcare and Technology, Legassick will assume responsibility for CNA Hardy’s life science, technology …

Beazley Taps Markel’s Tewfik as Underwriter for UK Tech & Data Breach Team

Beazley, a specialist in cyber and data breach response insurance, has appointed Michael Tewfik as a technology, media and business services underwriter focused on addressing the data breach and cyber security risks of organizations in the United Kingdom. He will …

Chubb Enhances Cover for Tech Companies in UK and Ireland

Chubb announced that has enhanced MasterPackage for Technology Companies, its comprehensive single contract insurance solution for technology businesses in the UK, as it continues to expand its offering in this key sector of the economy. Masterpackage for Technology Companies provides …

Philadelphia Insurance Launches Integrated Technology Product

Philadelphia Insurance Companies’ has launched its Integrated Technology product to address the issues from the evolution of technology and growth of the industry through a suite of coverages for complex, multifaceted technology organizations. PHLY’s product offers all the coverage needs …

OneBeacon Technology Adds Nathan Martin as Vice President of South Region

OneBeacon Technology Insurance Group has appointed Nathan Martin as vice president overseeing the South Region. John Wurzler, OneBeacon Technology president, said Martin will work on continuing to building the company’s business and relationships in the Southern states. Martin has over …

HSB Introduces Technology Equipment Breakdown Coverage

The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, has launched HSB TechAdvantage, an equipment breakdown and technology insurance that covers losses resulting from microelectronic failures. Microelectronics, with circuitry thousands of times smaller than a human …