MS Amlin unveils new 'all risk' tech policy to fill coverage gaps
Specialty re/insurer MS Amlin has launched a new 'all risks' insurance policy specially designed for the technology sector.
The new Technology Combined product will provide companies with cover against a range of different perils, including cyber and technology errors and omissions, material damage, business interruption, terrorism, and computer/ equipment breakdown. It will also cover public and products liability, directors and officers liability, theft by employee, legal expenses, and personal accident.
MS Amlin said the policy will allow technology companies to select the type of coverage they want, giving them greater flexibility and options.
Richard Coxon, head of UK underwriting said: “At MS Amlin we understand the importance of specialism and producing tailored products to meet our clients individual business needs. The Technology Combined product is designed to reduce any gaps in cover our clients may have, and gives them the ability to flex their insurance solution depending on their most prevalent risks. In a world where the nature of risk continues to evolve, we remain focussed on the client and providing flexible options that work for them.”
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