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Technology & Communications
The Value of Insight is our new way of enabling you to help your £5 million to £300 million Technology & Communications customers to safeguard their businesses through a better understanding of risk.
With the IT world constantly under pressure to evolve, develop and deliver innovative new products, businesses in this field need reliable insurance protection to cover a number of emerging risks.
We’ve focused on providing competitive Product Recall cover designed to meet the needs of Technology & Communications businesses in challenging times.
We’ve introduced Brand Protection Insurance to alleviate damage to the reputation of the company.
We’ve introduced Extended Essential Personnel cover with benefits available for key personnel in the Insured organisation.
Zurich offers a single point of contact for all insurance solutions for customers undergoing mergers, acquisitions, divestitures or restructuring. The team works across UK and multinational markets and consists of experienced M&A professionals and underwriting specialists.
How well do your customers understand their supply chain? We understand how critical a supply chain is to a Technology & Communications company and how disruptive interruptions can be if a supplier cannot deliver.
In this industry, the challenges of managing an increasingly complex network of suppliers can threaten business resilience. Our supply chain experts are available to assess the strength of your customers supply chain, provide advice on managing these risks and provide cover if the worst should happen.
Zurich has developed a global solution to resolve many of the uncertainties related to multinational insurance facing Technology & Communications businesses today. The Zurich Multinational Insurance Proposition (MIP) ensures that the out-of-territory coverage needs of our customers are aligned with local legal licensing and insurer foreign premium tax (FPT) requirements - no matter where they operate. Zurich MIP is quickly becoming an industry standard.
Please download the Technology & Communication brochure here »
What are we helping you deliver?
The Value of Insight works in three ways – each designed to provide complete, tailored and focused solutions to risk-sensitive Corporate customers.
Industry Insight
Specific Technology industries and their trades targeted as your key potential revenue streams: - Hardware - Electronic components - Robotics - Outsourcing - Software Electronic Communication
- Access to technical gurus and risk management experts with specific industry knowledge – backed by market-focussed underwriting teams more »
Insurance Insight
New Blended Liability wording (Professional Indemnity, Employers’ Liability and Public and Products Liability) tailored to the sector including Product Recall (£100,000 automatic) and Brand Protection
- Branded Property wording including Research and Development (£50,000), Unspecified Suppliers (UK), Unspecified Customers (UK), Public Utilities (£100,000), Essential Personnel (£20,000) and Property Stored (£50,000) Prevention of Access (£50,000)
- Extensions to include Computer Breakdown, Mechanical Breakdown, Goods In Transit for proto-types, Overseas Customers/Suppliers extensions. more »
Risk Insight
Access to complementary services enabling you to offer your customers a total view of risk including:
- Legal Services, Loss Adjusters and Claims Managers, Environmental Services and Machinery Valuers.
- Publication of sector insight documents on a regular basis utilising expertise in underwriting, claims, risk management and our external value added providers.
- Access to risk expertise in Risk Management, Supply Chains, Product Recall and Multinational Insurance
- Designated Claims Handlers. more »
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