Information & Communication Technology
The information communications technology (ICT) industry is evolving at an exponential rate. Businesses are continuing to rely more and more on technology to operate on a day-to-day basis.
Heightened dependence on technology and an increase in industry red tape has seen your potential risk exposures and their intricacies grow.
Whitbread understand that with the demands of your business, time can be scarce and deciphering the complexities of your insurance needs is a burden you can do without.
Insurance and risk is our area of expertise. We can develop an insurance and risk solution that tackles your specific exposures, giving you time to focus on growing a strong business for the future.
There are a number of risks inherent to the ICT industry. Information Technology Liability insurance has been developed specifically to address these risks:
E.g. a programming error in software you developed for a client meant they were unable to trade and subsequently suffered huge financial loss in income.
Although your industry is highly specialised, you will still have a number of basic exposures to protect like many other firms.
We will partner and work closely with you to understand the inner workings of your business, and develop a risk solution that takes away the stress and builds a more certain future for you.
We specialise in:
While both changes are important to note, the change in the Act that will affect your premium, and be of greatest concern come July 1, will be the broadened ‘property type’ definition.
A tarnished reputation has the potential to reduce the number of individuals that trust, and are willing to donate to a NFP. Given the heavy reliance most NFPs have on donor contributions, as well as the fierce competition in attracting donor dollars, a cyber breach, coupled with possible legal action...