Nearly every business today relies on online transactions, network applications or other technology-based services. The failure or disruption of any of these systems can be devastating and may leave the partner technology company exposed to charges of negligence.
Errors and Omissions insurance offers coverage, including defense costs and judgments, for alleged or actual errors in relation to the provider’s technology products or services. The protection extends to product liability and claims of non-performance and fraud, and covers software and systems integration failures that result in financial damage. Companies must also be aware of the Professional Liability coverages held by their service providers to protect their own systems' exposures. RCM&D helps clients identify their exposures and build a custom, cost-effective program.
Ready to continue the conversation? We’d like to. We are eager to discuss your risk and benefits management challenges, your organizational goals, and your appetite for new solutions based on your unique business needs.