How confident are you in your clients’ Technology and Network Security coverage? Many basic coverages do not offer the specialized protection your clients need to cover their assets.
Cyber and Privacy
A ride-sharing company was recently ordered to pay a record-breaking $148 million to settle claims over a data breach that exposed personal information of more than 25 million of its users.
These events are occurring with increasing severity and frequency, making protection for businesses more of a necessity now than ever before. In fact, 87 percent of Canadian companies suffered at least one security breach in 2017.
Cyber and Privacy Coverage from Burns & Wilcox is uniquely designed to safeguard against today’s growing risks.
Traditional policies can fail to address the new threats that media companies are facing today. The media industry is exposed to a range of risks, such as defamation, invasion of privacy and intellectual property rights infringements, to name a few.
Media Liability Coverage through Burns & Wilcox is tailored errors and omissions (E&O) liability insurance designed for publishers, broadcasters, and other media-related firms.
Burns & Wilcox, a leading insurance wholesaler, can help brokers and agents identify and limit the risks that clients are exposed to and develop a customized product that provides coverage that allows them to operate without worry.
Technology Errors and Omissions (E&O)
An electronics company recently paid $3.7 million in a settlement after producing internet-connected TVs that automatically tracked what consumers were watching and transmitted the data to its servers. Organizations are at greater risk for negligence claims and regulatory violations as cyber security and privacy measures are not keeping pace with advancements in technology.
Global IT spending is projected to reach $2.65 trillion by 2020, illustrating an enormous opportunity for you to capitalize by securing protection for your clients.
Technology Errors and Omission (E&O) Coverage from Burns & Wilcox can provide your clients with financial protection when held liable for errors, omissions or negligence in relation to their work involving hardware, software, the web and IT services.
At Burns & Wilcox our expertise becomes your expertise. Our marketing materials are designed to help you give your clients what they want to hear – yes to almost any hard-to-place-risk.
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