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 Following is an overview of the most requested covers along with a list of other major classes of insurance our company can arrange for clients. There may be other insurance covers that are not listed, but are specific to an industry or business and can be incorporated into an insurance program by Information Technology Insurance Specialists.
Information Technology Liability
which incorporates
Errors & Omissions Liability
This policy covers liability for financial losses arising from the provision of your products or services where no bodily injury or property damage is involved, and includes losses arising when the products fail to perform their intended function.
Media Liability
This policy covers liability for financial loss resulting from the unintentional infringement of another's intellectual property right. The policy also provides coverage for your unintentional defamation in the provision of your business activities.
Public and Products Liability
Broadform policy wording which covers you for your legal liability to pay compensation for personal injury or damage to property caused by an occurrence connected with your business or caused by the products manufactured or imported.
Network Protection
- Computer Systems Fraud (e.g. theft of money from your bank to another bank).
- Business Interruption caused by Extortion, Denial of Service, Virus or Hacking attacks.
- The cost of systems restoration and damage to data caused by person/s acting remotely.
- Threats or Extortion to damage/destroy your computer system or divulge information that is or was contained in your computer system
Intellectual Property Insurance
Most policies cover your legal costs where you become involved in a legal dispute over your Intellectual Property or Licence Agreements (both Prosecution or Defence). Cover may also include payment of the other side's legal costs in the event that you lose your action and are ordered to pay such costs by the court.
- Accounts Receivable
- Aviation
- Damage to Boilers and Pressure Vessels
- Bonds
- Burglary/Theft/Theft from Open Air
- Computer Hardware and Software
- Consequential Loss (Loss of Profits)
- Confiscation and Expropriation
- Contract Works
- Credit
- Crime
- Crisis Containment
- Directors and Officers Liability
- Employment Practices Liability
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- Esurance
- Home, Contents and Valuables
- Fidelity Guarantee
- Forged Share Transfer
- Industrial Risks on Assets
- Kidnap and Ransom/Extortion/Bomb Threat
- Loss of Anticipated Rentals/Revenue
- Machinery Breakdown
- Malicious Product Tamper
- Marine Cargo/Transit
- Marine Hull
- Money
- Mortgage and Lease Guarantee
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- Motor Vehicle
- Product Recall/Product Guarantee
- Prospectus Liability
- Reps & Warranties Liability
- Special Contingencies
- Statutory Audit & Investigation
- Statutory Liability
- Taxation Recoupment
- Tender Exchange Rate Indemnity
- Travel
- Warranty/Extended Warranty
- Workers' Compensation
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Some useful links: www.oamps.com.au/Default.aspx?alias=www.oamps.com.au/CeBIT
www.informationtechnology.com.au/insurances.php
I.T.I.S. is an OAMPS company (www.oamps.com.au) | 
