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The technology sector is the fastest growing and ever changing segment of the world’s economy, presenting new property and liability risk exposures with every new product they create. This rapidly changing environment presents many challenges from a risk management and insurance perspective. Thomas Gregory Associates has consistently monitored the technology industry to ensure appropriate insurance coverage and forward thinking risk management strategy for clients.
Over the last twenty years, technology has created new risk exposures that did not previously exist. Any company today that utilizes a network that is connected to the internet now faces the possibility of losses due to computer virus, system hacking (both internal and external), and network extortion. When you add up the losses associated with hardware, software, loss of data, and business interruption, the end result can be disastrous to a business.
Thomas Gregory Associates has the experience and resources to address the issues associated with the latest in technology, providing the most comprehensive and appropriate insurance coverage to protect your business.
In addition to standard property & liability forms, we place the following coverage:
- Technology Errors & Omissions
- Directors & Officers Liability
- Employment Practices Liability
- Fiduciary Liability
- R & D data & prototypes as covered property
- Internet-Related Personal Injury and Advertising Liability
- Computer Virus & Electronic Vandalism
- Electronic Data Processing hardware/software covered for mechanical breakdown
The role of Thomas Gregory Associates in working with your company is to utilize our industry expertise to continually develop and refine your insurance program. The life science field is a fast moving and ever-evolving industry. The risk management expectation of stock holders as well as venture capital firms far exceeds the abilities and experience of most insurance brokers. Whether you are seeking IPO, Directors, Officers Liability, Clinical Trials Product Liability coverage, multi-national, or just emerging; Thomas Gregory Associates will provide your company with “creative solutions” to your industry’s complex problems.
CREATIVE SOLUTIONS TO COMPLEX PROBLEMS
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