We advise clients across the entire Communications & Technology spectrum ranging from manufacturers all the way through to telecommunications, media & publishing and software. Our focus on current and emerging risks means we are ideally placed to work with you to identify, quantify and then mitigate your evolving risks.
Understanding Your Risks
Our ability to track your evolving risks (i.e. shift from tangible to intangible risks) is further enhanced through our collaborative working approach with clients, insurers and key technical industry specialists.
The risk landscape in the CTM sector includes:
- digital threats, such as hacking, viruses and other security breaches leading to financial loss, which can seriously undermine customer confidence in your organization
- contract warranties (privacy and network liabilities) – emerging liabilities resulting from surveillance, breach of confidentiality, anonymity or breach of statutory duties
- acquisition or spin-off liabilities – invalidity of software rights, violation of copyrights or patent infringements
- non-physical damage business interruption – direct or indirect failure to supply, or interference of, an IT system, loss of a contractual supplier beyond the first or second tier
- patent, trademark and copyright infringement or patent invalidity – damages incurred in a claim against your business, cover for legal expenses such as defending a claim and other financial repercussions.
Providing Tailored Solutions
The business and risk landscape is changing. Disruptive technology, sometimes also referred to as disruptive innovation, is an innovation within an existing market which eventually goes on to displace a previous technology. In order to maintain profitability and seize new opportunities, companies across many different sectors are embracing new disruptive technologies. However, the change in risk profile must be considered immediately.
This is why our services cover the identification, qualification, quantification and assessment of current and emerging risks all the way through to risk transfer (placement), management and reporting. We provide tailored insurance solutions ranging from physical assets (property), management liability, credit, political and security risks all the way through to intangible risks (i.e. cyber, intellectual property, patent infringement, media liability etc.).
Creating Added Value
Our expertise has enabled us to develop the following progressive services and solutions:
- Bespoke insurance program design, placement and management;
- Development of leading policy wordings ranging from assets (property) through to intangibles protection;
- (Tech) Professional Indemnity and Trade Credit insurance;
- Highly specialized global broking network GrECo nova for complex international CTM clients;
- Risk management and risk engineering services tailored for the CTM sectors;
- Loss consulting services; pre-loss scenario planning through to large/complex loss consulting;
- Highly developed IT tools ranging from policy data through to claims management.
What Our Clients Say
“We are happy to finally have a reliable partner for all insurance matters
on our side”.
Tomislav Jerneic
Insurance Manager at
Ericsson Nikola Tesla
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