Dual Australia IT Insurance
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Why DUAL? 1. Comprehensive coverage 2. Broad underwriting appetite 3. Competitive pricing 4. Simple transaction through the WebRater 5. Tailored solutions from our dedicated Branch Underwriters Selective Risks Work relating to: o Medical/ Surgical applications o Aerospace/ Radar/ Navigation systems o Military/ Defence systems o Oil/ Gas/ Power/ Nuclear Energy applications o Process Control systems o Gaming Industry systems o Banking/ Financial systems SYDNEY | MELBOURNE | PERTH | BRISBANE Tel: 1300 769 772 www.dualaustralia.com.au DUAL Australia Pty Limited Part of the DUAL International Group Registered in Australia under ABN No. 16 107 553 257 AFS No 280193 This document is only intended to be a summary of the highlights of the cover available. We encourage you to read the full Policy wording for a full description of the terms and conditions. This Policy Summary does not form part of the policy terms and conditions. Our Appetite We have a broad underwriting appetite including: • Application Development • Business Analysts • Data Processing/ Warehousing • Hardware Engineering • Hardware Sales • ISP/ Web Hosting • IT Helpdesk/ Network Support • IT Recruitment & Placement • IT Consulting • IT Project Management • Maintenance & Repair • Network Infrastructure, Design & Construction • Reseller of Third Party Software/ Hardware • Software Development/ Programming • Software Sales • Systems Integration • Website Design INFORMATION TECHNOLOGY LIABILITY DUAL Australia is a leading provider of Information Technology Liability Insurance.
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Transcript of Dual Australia IT Insurance
Why DUAL?
1. Comprehensive coverage
2. Broad underwriting appetite
3. Competitive pricing
4. Simple transaction through the WebRater
5. Tailored solutions from our dedicated Branch Underwriters
Selective RisksWork relating to:
o Medical/ Surgical applications
o Aerospace/ Radar/ Navigation systems
o Military/ Defence systems
o Oil/ Gas/ Power/ Nuclear Energy applications
o Process Control systems
o Gaming Industry systems
o Banking/ Financial systems
SYDNEY | MELBOURNE | PERTH | BRISBANETel: 1300 769 772 www.dualaustralia.com.au
DUAL Australia Pty Limited Part of the DUAL International Group Registered in Australia under ABN No. 16 107 553 257 AFS No 280193
This document is only intended to be a summary of the highlights of the cover available. We encourage you to read the full Policy wording for a full description of the terms and conditions. This Policy Summary does not form part of the policy terms and conditions.
Our AppetiteWe have a broad underwriting appetite including:
• ApplicationDevelopment
• BusinessAnalysts
• DataProcessing/Warehousing
• HardwareEngineering
• HardwareSales
• ISP/WebHosting
• ITHelpdesk/NetworkSupport
• ITRecruitment&Placement
• ITConsulting
• ITProjectManagement
• Maintenance&Repair
• NetworkInfrastructure,Design&Construction
• ResellerofThirdPartySoftware/Hardware
• SoftwareDevelopment/Programming
• SoftwareSales
• SystemsIntegration
• WebsiteDesign
INFORMATION TECHNOLOGY LIABILITY
DUAL Australia is a leading provider of Information Technology Liability Insurance.
IT LIABILITY PROFILE
Proven claims experience
Our dedicated in-house Financial Lines claims team includes qualified lawyers with over 40 years experience. Our claims officers are dedicated to managing your claim from initial notification right through to resolution. Inaddition,DUALutilisesspecialistlawfirms&consultantswithsignificantexpertiseinnicheareassuchasEPL,StatutoryLiability,Crime&TaxAudit,toensureourInsured’sget the best possible outcomes.
Claims Example 1
Profile: Telecommunicationsanalyst
Background:TheInsuredwasengagedto research a fibre optic network. After completionoftheproject,theInsured'sclientissued proceedings alleging the Insured had breached copyright of its network diagrams and layouts.
Outcome: Themattersettledfor$40,000,with$200,000paidinlegaldefencecosts.
Claims Example 2
Profile: Website developer
Background:TheInsured'sclientallegedthe Insured failed to deliver the website in accordance with the scope set out in the contractofservice,causingfinanciallosstotheclient as they were unable to commence their business.
Outcome: Themattersettledfor$38,000,with$10,000paidinlegaldefencecosts.
Key Policy Benefits:
o Combined Professional Indemnity &PublicandProductsLiabilityWording
o Limitsupto$20mforProfessionalIndemnityand$20mforPublic&Products Liability
o ExclusiveofCostsLimit&Deductible
o Contract Review Service
o Advancement of Defence Costs
o AmountsPaidforProducts&Service-$250k
o Attendance at Investigations - full limit
o LossMitigation-$250k
o Contractual Liability - full limit
o Crime(1st&3rdparty)-$50k
o Extended Continuous Cover
o Emergency Defence Costs - full limit
o FeeRecovery-$250k
o Insurer Duty to Defend
o Intellectual Property - full limit
o KeyManLoss-$250k
o Loss of Data - full limit
o ProductRecallExpenses-$250k
o Public Relations - full limit
o PanelCounsel-1hour
o Optional: CyberRisks-$100k
o Optional: EPL-$500k
o Optional: WhistleblowerHotline
