AXIS PRO® TechNet Solutions™
TechNet Solutions™ is AXIS PRO®'s E&O insurance solution for
Technology, Telecommunications, and Internet-based companies.
Applications & Specimen Policy
Fact Sheet
E-Risk Hub Brochure
Ever-Changing Risk Demands Focused Expertise
AXIS PRO®'s TechNet Solutions™ insurance policy addresses the rapidly evolving errors & omissions exposures in the world of data, network security and technology risk. The policy is designed for any company providing technology, telecommunications and/or Internet-based services or products.
TechNet Solutions™ provides liability coverage for technology and Internet services, miscellaneous professional services, technology products, software, software copyright infringement, personal injury, media, network security, and data privacy. First party crisis management, public relations, and computer system extortion coverages to help cover the costs of potential or actual information security breaches are also available by endorsement.
Coverage is backed by the exceptional financial strength and solid claims-paying ability of the AXIS insurance companies, rated "A+" (Strong) by Standard & Poor's and "A" (Excellent) XV by A.M. Best.
Coverage Highlights
- Admitted & Non-Admitted forms
- Worldwide coverage
- Up to $20,000,000 policy limit capacity
- Single policy that can cover E&O liabilities for:
- Technology services including telecommunications and Internet-based services
- Technology products
- Network security
- Data/privacy
- Content
- Coverage by endorsement:
- Breach notification, credit monitoring, public relations and forensics expenses
- Computer system extortion expenses & loss
- Regulatory action defense
- Business interruption loss
- Data recovery expenses
Sample of Classes Insured
- Application Service Providers
- Technology Consultants
- Database Managers, Data Conversion and Data Storage Services
- Internet and Digital Media Services
- Network Security Services
- Electronics Manufacturers
- Network Developers, Managers and Consultants
- Search Engines
- Website Developers, Designers, Consultants, Hosts and Administrators
- Software Developers
- Telecommunications and Wireless Services
- Information Technology Services