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:
From July 1, 2017, some residential Strata Insurance policies will experience significant total premium changes as a result of amendments to the Terrorism Insurance Act 2003 (Cth). The changes apply Australia wide, and relate to the introduction of a Terrorism Levy.
With over 40 food and beverage products recalled so far this year (as of 5th October 2017), the impact of a product recall can cause severe damage to a manufacturer’s reputation and bottom line.
Business Interruption (BI), also known as Consequential Loss insurance, is an essential insurance cover that helps maintain a business’s income should it be forced to cease trading, or reduce trading capacity for a specified period of time, due to an insured event impacting the business’s gross profit e.g.