New Coverage! Technology Professionals Liability

November 28, 2007

How many times a week do you hear about a hacker breaking into a system and stealing confidential information? Or a virus taking down an entire computer network as it’s transmitted from one worksite to another via email? It’s all in a days work for a Technology Professional.

But, what do they do when they face the need for E&O coverage? Well …

Professional Liability Insurance Services, Inc.® – Underwriting Facilities (PLIS®, Inc. Underwriting Facilities) announces its new Technology Professionals Liability Insurance program – which may be just what your Technology clients have been looking for.

Coverage features include:

  • Limits from 100K/100K to 5M/5M
  • Insured may qualify for deductibles as low as $500
  • Extended Reporting Period of 12 months
  • Full Prior Acts (with no prior knowledge or notice) coverage with Retro-Date Inception coverage available for a reduced premium
  • Unlimited use of telephone consultation service to an independent resource of professional, licensed risk managers/human resources in day-to-day issues
  • Wrongful Acts Coverage Includes:
    • Hacker attacks
    • Computer virus attacks
    • Theft of electronic data
    • Denial of service
    • Defamation, libel, slander or other tort related to harm to the reputation of character
    • Plagiarism, piracy or misappropriation of ideas

Aside from the great coverage features, agents still get the same benefits from working with PLIS, Inc. Underwriting Facilities:

  • No Voicemail – Underwriters available when you need one to help you through the sales process
  • Premium Financing Available
  • 24-48 hour turnaround on submissions
  • 20% Commissions (on E&O and Technology Professionals submissions)

You can reach an underwriter or Product Specialist on this program or any of our other programs (Employment Practices, Miscellaneous E&O, Business Interruption Coverage for Food Borne Illness Outbreaks (for restaurants or hospitality entities), or Lawyers Professional Liability (Texas only)) at:

Professional Liability Insurance Services, Inc.

Underwriting Facilities
8015 Bronco Lane, Ste. 100
Lago Vista
TX 78645
Phone: 800-761-7547 or 512-328-0677
Fax: 512-327-5834

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