Technology Insurance
CapriCMW provides the highest quality insurance products and innovative risk-related solutions to companies involved in the research, development, manufacturing and servicing of the technology industry. Insurance programs need to take into account unique issues including Internet law, e-commerce and privacy laws.
The technology and research sectors needs competitively priced programs that include coverage for direct losses to property, stock, lost income research and development, product recall and the timely replacement of assets. Our liability programs provide protection by insuring against third party complaints about products and services including financial loss arising from design error, delay in delivery, copyright infringement and the misuse of intellectual property.
We bring value-added support to our clients in non-insurable areas such as contract review, risk control for safety of premises and reviews of employee safety.
Our Technology solutions include:
- Competitively priced property programs covering buildings, equipment, stock, data processing equipment and related contents on site or in transit
- Loss of income programs for business interruption as well as expediting expenses to quickly restart or reopen
- Liability programs providing protection from third-party claims arising from products and services
- Financial loss arising from product failure or deficiency
- Copyright and patent infringement insurance
- Internet-related liability
- Research and development programs and testing programs
- Product recall programs and patent infringement coverage
- Executive risk programs for directors and officers as well as employee practices risks
- Employee group health and benefits programs
Resources
Business Insurance
Actual Cash Value or Replacement Cost: 9 Key Considerations
Insuring property on an actual cash value (ACV) basis could lead a manufacturing business to permanent close in the event of a large claim. This article will explore the challenges of insuring property on an ACV basis and why we recommend insuring on…
Personal Insurance
How Safe is Your Password?
Cybercrime is more rampant than ever before - attacks are growing in sophistication year by year with the potential impact on victims becoming more severe and widespread. It is predicted that the damage caused by global cybercrime will cost $10.5…
Employee Benefits
BC Government Introduces New Pay Transparency Legislation
If passed, the new legislation will require employers meeting a certain employee size threshold to disclose the mean and median pay for male and female employees.
Talk to an Advisor
Your CapriCMW Risk Advisor has highly specialized knowledge of your industry and is empowered to act quickly and independently to ensure direct, personal service.