Errors and Omissions claims in the technology sector are rising. This year, 38% of companies in the sector expect to see an increase in the litigation disputes they will face.
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The demand for errors and omissions insurance is growing; as a consequence more insurers are entering the market. As each policy is written on a non-standard form, there is a wide variance in coverage available. The insurance waters are being muddied.
There’s nothing worse than discovering a claim has been denied – especially when it could have been covered through better placement or avoided through better contract management.
We are recognized specialists in the technology sector. We understand the risk of inadequate coverage and the potential cost of litigation.
By paying close attention to policy features and contract management, we make sure there are no nasty surprises when you submit a claim.
Although E&O claim frequency in the technology sector continues to rise, some simple contract and policy claim avoidance practices are not getting adequate attention. This paper discusses some of the steps you should be considering in order to reduce your litigation risk through contract management while ensuring you have a robust E&O policy that will respond in the event of a claim.
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In the US the Bartlett office is based in Philadelphia.
- Associated downloads:
- US Technology Sector Insurance Brochure