Technology Insurance

Product
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Information Technology Liability for Small Firms

ENCON’s liability insurance program for IT professionals in small firms protects against allegations of wrongful acts in the provision of their products or services, as well as a broad range of cyber risks.

Eligibility

Coverage is available for individuals or companies providing professional services with annual fees of $2,000,000 or less:

  • Computer consultants
  • Custom programmers
  • Data processors
  • Software developers
  • System integrators
  • Value-added resellers
  • Web designers
  • And other IT businesses

Coverage Details

  • Policy Form – Claims-made and reported
  • Policy Period – Annual policies and multi-year policies
  • Capacity – Limits starting from $100,000 up to $2,000,000
  • Territory – Services rendered worldwide
  • Coverage – Includes first and third party cyber risk protection

Policy Features

  • First party loss and third party liability coverage
  • Cyber breach coach for first party loss
  • Intellectual property infringement coverage (copyright, trademark, trade name, service mark, trade dress or trade secret), up to a maximum of $500,000 
  • Network and Security breach, Privacy breach and Data Personal Injury coverage
  • Duty to defend
  • Coverage for liability against damages resulting from criminal acts committed by a rogue employee
  • Coverage for claims made against the Insured by their employees in the event of a Privacy breach
  • Coverage for delay in the performance of a contract or agreement resulting from a wrongful act

Additional Coverages Available

  • Employment practices wrongful act liability coverage endorsement available for firms with less than 50 employees

Submission Requirements