Technology

How RiskBox protects technology business

Overview

Businesses within the technology industry are the pioneers who drive our society forward, continually pushing the boundaries of what is possible. A bi-product of evolution is increased risk to organisations that dare to operate at the front line.

These exposures need to be managed carefully otherwise innovation will be stifled and progress hindered, and we will not fulfil our potential.

This is where RiskBox come in. With vast experience using our suite of tailor made products from insurers who share your desire for advancement, we can give you the piece of mind to develop your business into the new world, knowing you will be protected.

What our cover can include:

Professional indemnity risks:

  • Civil liability
  • Breach of contract
  • Intellectual property infringement
  • Defamation
  • Invasion of privacy
  • Breach of confidentiality

Commercial combined risks:

  • Buildings insurance
  • Wide protection for loss or damage to contents, including whilst away from the premises
  • Computer breakdown including reinstatement of data
  • Business interruption
  • Money
  • Employers’, public and products liability
  • Legal expenses
  • Cyber risks including hacker damage

In addition to the core areas of cover we can provide solutions for other exposures such as:

  • Directors & officers liability including entity protection
  • Employment practice liability
  • Personal accident
  • Business travel
  • Motor fleet

 

we-help-tech

Details

Our products are wide and adaptable to meet the needs of companies within the technology sector.

Whether your business is about service delivery or product provision; whether you are a freelancer, SME or a large complex organisation; whether you work from one location or a hundred we work with leading insurers to provide you with solutions that fit your business

Who we’ve worked with

–        IT consultants

–        Software suppliers/developers

–        Hardware suppliers/developers

–        Internet and cloud service providers

–        Games and app developers

–        Service, platform and infrastructure providers

–        Telecommunications providers

–        Data centres

 

FAQs 

What happens if my customer withholds payment for my services when I’ve done everything to the best of my ability?

If you purchase professional indemnity protection with RiskBox, we will endeavour to provide you with solutions that include contractual cover. This means our insurers will step in to protect you when your customers sue you for breach of contract, removing the need to prove negligence

Can I be protected against people hacking into my systems, taking down my website and erasing data?

Some of our products can respond to pay for replacement or repair costs of your systems and websites. In addition they can include public relations costs and security/forensic consultancy fees. This can even be the case when the hacker is an employee of yours.

My business is heavily reliant on a telecommunications provider. I know that I’m protected if my premises are damaged, but what happens if their premises suffer a fire? Is that uninsurable?

It is insurable. Our policies can offer wide public utilities protection that responds when the premises of your telecommunications is damaged, causing a failure in their supply to you.