Insurance For Your Technology Business

Liability Insurance Advantages

• Additional insured – primary and/or non-contributory
• Blanket additional insureds, including vendors
• Blanket waiver of subrogation
• Broadened property damage
• Electronic data liability

Commercial Automobile Insurance Advantages

• Audio, visual and data electronic equipment
• Employees as insureds for non-owned, hired or borrowed autos
• Hired car physical damage
• Lease gap (where available)

Property Insurance Advantages

• Brands and labels
• Computer equipment and electronic data are included in the definition of business personal property
• Consequential loss to stock and selling price valuation
• Contractual penalties
• Coverage for electronic data destroyed or corrupted by a computer virus or harmful code
• Loss of business income due to a denial of service attack
• Equipment breakdown
• Service Interruption
• Spoilage
• Utility services – direct damage and time element
• Worldwide coverage for laptops, personal property, property in transit and business income from dependent properties

• Technology errors & omissions
  • A broad definition of your product and work that includes all of your technology-related or telecommunications-related business activities
  • Basic extended reporting period of 90 days; supplemental extended reporting period available for up to five years
  • Worldwide coverage territory, including claims and suits brought overseas
  • Business income – actual loss sustained
  • Crime
  • Crisis response
• Business income – actual loss sustained
• Crime
• Crisis response
• Cyber liability
• Equipment breakdown
• Identity recovery
• Inland marine
• Product recall expense
• Umbrella
• Workers compensation

Selective can help you prevent claims before they occur with our extensive Safety Management services:

• Best practices assessment/gap analysis
• Contractual liability consultation
• Workers compensation cost containment
• Driver and fleet safety programs
• Exposure reduction consultations
• Online safety training
• Premises liability reviews
• Regulatory guidance
• Safety assessment and benchmarking tools
• Sprinkler system evaluation/analysis
• Supervisor accountability programs
• Thermographic infrared surveys

For more information about Selective’s Safety Management services, click here.

Please contact your Selective agent for more information about our products and services for Technology Businesses.