Coverage is
available for computer related risks in various combinations depending
on the market we use and the size of the account (Minimum Premiums vary)
as follows:
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Monoline
-
CGL/Package Monoline
-
GL/E&O
-
Combination GL/E&O
and Advertising/Personal Injury for Website designers, publishers
If insured has
no current GL or only a limited BOP and needs Products, Personal Injury,
Advertising Injury, please send an Acord 125/126 with the attached apps.
Also, include insured's website address and promotional materials.
Here are the
basics for a good Hi-Tech submission:
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A Good narrative
description of the account. What do they do?
-
Background and
experience of the programmer. How does the programmer get the knowledge
he or she needs to integrate their professional services with the client's
product or service?
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Client list for
largest projects
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Resumes of principals
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Contract or Agreement
with client. Should spell out details of services to be provided, ownership
of finished product and contain disclaimers.
-
Gross Receipts.
The premium is sometimes an Annual Minimum & Deposit rated on receipts.
Tell your client to give you a realistic estimate, not their wildly optimistic
vision of the future!
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