Great American Insurance Group, in cooperation with RPX Insurance Services, now offers a first-of-its-kind Tech E&O, Patent Infringement and Cyber claims-made product. Coverage includes:
Tech E&O/Cyber:
- Broad definition of technology services
- Technology Wrongful Act includes technology products
- Prior Acts available
- Blanket AI included
- Copyright Infringement included
Patent Infringement:
Covered Costs
- Litigation expenses
- Settlement payments
Risk Management Services
- Active claims management including best-in-class panel of patent attorneys
- Pre-litigation support for non-covered matters, such as pre-policy cases, assertion letters and indemnity issues
Targeted classes include:
- Application service providers, IT consulting services, software
Prohibited classes include:
- Payment processing, aviation and defense software, geospatial technology (GPS tracking), online and video game developers
Limits available:
- Tech & Cyber: Up to $5 million
- Patent Infringement: $100,000