As new classes of technology professionals continue to emerge, generalizing trends in E&O coverage has become more difficult, and elements of E&O coverage have become more complex and specialized. E&O programs now range from coverage for negligence in the provision of technology services to protection for the design, manufacture, development, distribution, licensing or sale of technology products. Armed with global resources, knowledge of the technology insurance marketplace and with an understanding of technology systems, our experts can ensure that you have the right Technology E&O coverage for every aspect of your business.

   

Many Technology firms have changed the way they do business and Network Risk is a 21st century risk that cannot be ignored. Network Risk can be described as the "risks associated with electronic processes and interactions arising from any business activity." Aon has developed specialized knowledge of this growing area of concern.

Network Risk insurance policies can provide:

• Coverage for claims alleging negligence in the provision of Internet services.
• Coverage for liability associated with a failure of network security.
• Coverage for liability associated with dissemination of electronic content.
• Coverage for Business Interruption due to certain non-physical perils.
• Coverage for damage to one’s own intangible assets (e.g. code, data, etc.).
• May be endorsed to cover Miscellaneous E&O.

Coverages may include loss or damage to intangible/intellectual property, loss of income/business interruption, media/publishing offenses, Internet/electronics errors and omissions, breach of security, release of virus, contractual and regulatory liabilities.