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Information Technology Liability

Information Technology Liability

An ever-increasing reliance on information technology (IT) in business continues to drive growth in the IT industry, but there is a sting in the tail: IT providers are increasingly vulnerable to litigation for, amongst other things, alleged failure to deliver or failure to perform to specification. If that weren’t enough, the global nature of IT can leave IT providers exposed both at home and in foreign jurisdictions.

LIU recognises the fast rate of change in the IT industry and offers integrated, comprehensive, worldwide cover to protect clients from a range of third party and related risks.

Civil Liability Insurance Policy

At a glance:

  • Annual policy
  • Claims-made cover
  • Covers a range of financial loss claims arising from the:
    • performance of IT services; or
    • provision of IT products.
Civil Liability Insurance Policy for IT Projects

At a glance:

  • Unique multi-year policy
  • Cover for specific IT projects
  • Maximum policy period: 72 months
  • Maximum project development period: 36 months.
Combined General and Products (CGL) Liability Insurance

At a glance:

  • Annual policy
  • Occurrence-based cover
  • Covers personal injury and property damage claims.

 

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