The Technology sector faces a very real threat of actions and claims from third parties. Risk mitigation has become a significant factor and at the forefront of process management for Technology users. Litigation and legal costs are on the rise and the most effective way for Technology organisations to protect their balance sheet and reputation is to ensure they have a specifically designed insurance program to suit their risk profile.
Catastrophic exposures range from breach of Intellectual Property, Copyright Infringement, Contractual Breaches (performance or delivery), Design Breaches, Loss of Data, Libel and Slander. Many major exposures exist, it is important to ensure your organisation has Technology specific insurance that addresses the needs of the many groups in this sector.
Honan has a broad ranging portfolio of IT clients both locally and globally including:
- Computer Consultants/ managed services
- Hardware/Software Resellers Software Developers
- Hardware Manufacturers
- Internet Service Providers
- Web Hosting Internet Services
- Telecommunication Services
- Systems Integration
- Maintenance and Repair
- Data Processing
- Data Warehousing
Through our global network, Honan have access to the world’s leading technology risk experts and markets. Honan proudly provide advice to ASX 100 companies, Fortune 500 companies and small privately held, local enterprises.