Information Technology

At Tokio Marine HCC, we understand that the technology sector remains one of the fastest growing, most dynamic sectors globally. In this constantly changing market, investment is drawn to faster, more scalable ways of conducting business to reduce operating costs. The use of the Cloud continues to grow and storage of information is expanding at an exponential rate.

Highlights

  • Limits available up to £10 million
  • Breach of contract – no restrictions
  • Liquidated damages
  • Breach of a professional duty
  • Inadvertent transmission of a computer virus
  • Employee dishonesty
  • Failure to protect against unauthorised access or use
  • Denial of service attack
  • Defamation
  • Full Breach of Contract cover

Best For

  • Software companies
  • Hardware companies
  • IT services
  • Telecommunications
  • Communications
  • Equipment providers
  • Digital broadcasters
  • Electronics instruments providers

Summary of Coverage

  • Civil liability
  • Loss or damage to documents
  • Negligent acts, errors, omissions, misstatements or misrepresentation
  • Data protection defence costs
  • Public relations and crisis management costs
  • Costs of prosecuting infringement of the insured’s IPR
  • Irrecoverable fees
  • Joint ventures
  • Notification costs following a loss of data
  • Worldwide territory and jurisdiction
  • Infringement of Intellectual Property Rights (IPR)

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.

Why Tokio Marine HCC?

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Spain and Ireland, 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.
Our financial strength ensures our clients will always be protected.

Our financial strength ensures our clients will always be protected.

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Tokio Marine HCC Product Breadth

Our holistic portfolio of products includes more than 100 classes of specialty insurance

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Tokio Marine HCC is part of Tokio Marine, a $31 billion company.

Tokio Marine HCC is part of Tokio Marine, a $31 billion company

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