Media

At Tokio Marine HCC, we understand that over the last few years, the media sector has faced a number of challenges, leading to increased demand for companies and individuals to buy media liability insurance. Largely, these challenges have arisen from the development of technology and the changing ways in which we communicate with each other, as businesses operate on a global scale providing new ways to engage with customers and key audiences.

Highlights

Rectification cover
Reputation management (costs of public relations and crisis management)
Expenses associated with withdrawal of content as a result of a complaint made to the Advertising Standards Authority (ASA) or the Office of Communications (OFCOM)
Punituve and exemplary damages (where insurable)
Worldwide cover available
Coverage provided on a duty to defend basis

Best For

Advertising agencies
Direct marketing companies
Public relations companies
Sales promotional companies
Media buyers
New media agencies
Market research companies
Marketing consultants
Publishers and Broadcasters

Summary of Coverage

Any form of defamation
Infringement of intellectual property rights
Product disparagement
Negligent acts, negligent misstatement or negligent misrepresentation
Acting outside your authority
Irrecoverable fees
Misuse of information which is confidential or subject to statutory restrictions
Breach of license to use a third party’s trademarked or copyrighted matter
Unintentional transmission of a computer virus
Dishonesty of employees
Breach of comparative advertising regulations
Rectification costs
Indemnity to principals
Data protection defence costs
Failure to protect against unauthorised access to systems

PMR

Office Protect - Covid 19 alterations:

As many business premises are closed as a result of the UK Government’s advice and therefore many employees are working from home we are making the following temporary changes to policy coverage:
- The 30 day unoccupancy condition has been extended from 30 days to 90 days.
- The premises as stated in the Policy Schedule is deemed to include any employee‘s home address, where office equipment is being used.

Both of these cover alterations will be reviewed depending on the length of the lockdown.

If you have any queries in relation to the above, or any other aspect of policy coverage then please contact your Underwriter.

Professional Indemnity (PI) Today and Tomorrow

Why Tokio Marine HCC?

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance. Our products and capabilities set the standard for the industry, and many of our almost 3,000 employees are industry-leading experts. Each of our highly entrepreneurial businesses are equipped to underwrite special situations, companies and individuals, and acts autonomously to deliver effective solutions.