Marsh Delta® Technology Professional Indemnity Insurance
Marsh Delta® Technology (Tech) Professional Indemnity (PI) insurance, an enhanced PI insurance policy, is the latest Marsh Delta® product developed to respond to the needs and risks of the technology sector.
Underwritten by market-leading insurers and competitively priced, Marsh Delta® Tech PI is intended for private and publically traded companies (outside the FTSE 100 or other geographical equivalent) providing technology products and/or services, excluding those domiciled in the United States of America. Limits can be purchased up to GBP25 million.
Marsh Delta® Tech PI includes a number of valuable client benefits which standout when compared to what is being offered in standard PI policies for technology companies. These benefits include:
- Full limit coverage for fraud and dishonesty of employees.
- Coverage for cyber liability and first-party privacy and network security costs available.
- No exclusion for “cyber-terrorism” - For Communications, Media and Technology (CMT) companies, a broad exclusion may significantly reduce or even negate coverage entirely. Delta Tech specifically narrows the general terrorism exclusion.
- Broad and comprehensive coverage provided for intellectual property rights infringement with no exclusion for misappropriation of trade secrets.
- No exclusions or limitations for insured losses caused by untargeted malware.