Technology Insurance

The only constant in the technology industry is change
To achieve success, technology firms must innovate to the limit of their imagination, not the limit of their insurance. Elmore delivers market-leading insurance solutions.

Safeguard against unexpected issues with technology insurance
A modern technology firm needs to be highly engaged, networked and prepared to respond quickly to client’s needs. Elmore understands the technology sector is a fast-paced industry and have developed global,integrated solutions that will help mitigate and manage risks.

Some of the Technology Companies
we serve:

Technology Services

Application Developers

Technology Hardware

Software Solutions

Technology Consulting

Elmore Technology Insurance

The technology sector, is often said to thrive on upheaval, driving businesses to embrace innovation to lower operational costs. Similarly issues like climate change, organisational corporate governance and privatisation offer developers opportunities at the same time as they challenge those directly affected.

The Elmore Technology insurance solution:

Identification of risk
Support in mitigating risk
Arranging risk transfer with Professions Insurance
Claims Support and Response

Elmore Technology Insurance –
Policy Coverage

The following cover can be combined in one policy or offered in separate policies:

Management
Liability

  • Claims by regulators
  • Claims by shareholders
  • Claims by employees
  • Claims by other stakeholders

Professional & Technology Liability

  • Claims by customers
  • Claims for failure of service
  • Claims for failure of advice
  • Mitigation costs to put right

Cyber & Crime
Insurance

  • Event management
  • Reputation management
  • Financial loss incl. fines
  • Cyber liability

Office & Employee Insurance

  • Property and equipment
  • Employers liability
  • Public liability
  • Travel insurance

Multi-National Technology Programme Management

Elmore’s network of established insurance partners around the world allows for a Global Insurance Programme. With the requirement to have local policies while being coordinated by one centralised function it can allow better compliance and visibility into the global requirements.

MULTI-NATIONAL INSURANCE PROGRAMMES

Partner With
Insurers

With a captive audience and engaged users why not consider cross selling
insurance solutions along side the Bankers offering adding value to
customers, differentiating your offering and brining a new income stream for the business.

  • Add value
  • Differentiate offering
  • Additional revenue source

Elmore delivers bespoke and innovative programmes for both consumer and business users, get in touch to learn more.

PARTNER WITH INSURERS

Technology Operational Risk Management

For a business to partner successfully with it’s key clients, it must manage the breadth and depth of not only its clients but also its own risk management. In particular, the business must understand the operational risk considerations that a stakeholder will need to go through before engaging them. This affects the presentation of value proposition, expectations of time to revenue, product design, and cultural engagement.

The below diagram represents the benefits of mitigating and reducing risk to optimise risk transfer through insurance: