What Is Professional Liability Insurance?

And why it’s important A professional is someone whose vocation or occupation requires special training and skill. Historically, lawyers, accountants, architects, engineers, and medical professionals were the sole occupations that fell into this category as their industries established strict regulation requirements and codes of conduct. In order to practice in … Read more →

Posted By: John M. Sadler, JD, CIC

Categories: Errors & Ommissions, Professional Liability, Reports, Tech Articles and Information, Technology

Learn How Scammers Get Your Social Security Number

Knowing their secrets can help you trip them up I came across an excellent article that explains how easy it is for scammers to decode your social security number. I’ve always wondered how they did this. Carnegie Mellon University researchers found that only two pieces of information are needed to … Read more →

Posted By: John M. Sadler, JD, CIC

Categories: Crime, Identity Theft, Technology

Small Business Technology Insurance

Affordable solutions for small business owners Insurance for Techs understands the importance of proper coverage for your business. As a leading technology insurance company, we know that small businesses are experiencing an ever-increasing capacity for work. As a result, you also have a greater likelihood for technology errors and omissions … Read more →

Posted By: John M. Sadler, JD, CIC

Categories: Errors & Ommissions, Small Business, Tech Insurance, Technology

Fallout from Computer Fraud and Funds Transfer Fraud

Two huge reasons why crime insurance is needed Travelers Insurance put out an excellent bulletin that describes the financial threats posed by funds transfer fraud and computer fraud, and the need for specialized Crime Insurance Coverage, since making and maintaining money online is not that easy now a days and … Read more →

Posted By: John M. Sadler, JD, CIC

Categories: Breach Of Security, Crime, Risk Management, Technology

Tech Professional Services Not Covered by General Liability

But exclusions can be overcome Tech companies and IT professionals need General Liability to provide coverage for negligence claims or lawsuits alleging bodily injury, property damage, personal injury, and advertising injury. Many General Liability policy forms have an exclusion which takes away coverage for a laundry list of professional services including legal, accounting, architectural, … Read more →

Posted By: John M. Sadler, JD, CIC

Categories: General Liability, Professional Liability, Technology

Tech Insurance: 6 Tips to Get Your Application Approved

Up to 25 percent of all Professional Liability and General Liability insurance applications are declined by the underwriters. One reason can be that the technology company engages in a type of work that is an unacceptable risk to the underwriters. More often than not, the tech company shoots itself in … Read more →

Posted By: John M. Sadler, JD, CIC

Categories: Reports, Technology