Specialist insurer Beazley has enhanced its insurance policy for media and technology businesses to better keep up with the evolving tech market and cyber threat landscape.
The improved MediaTech policy now combines comprehensive errors and omissions (E&O) and media liability insurance with cyber coverage. This ensures that media and tech companies do not just have a policy that covers for specific risks, but also receive support from expert risk management services to reduce their exposure.
MediaTech itself has also been streamlined to “provide clear and concise wording and seamless protection,” a release explained.
The E&O and media coverage features include:
- Broad professional liability, to cover for non-technology professional services
- Unintentional breach of contract for professional liability exposure
- Online and offline media – this includes content shared on social media
- Trade secret misappropriation claims
- Unfair competition alleged with copyright/trademark infringement
- Mental anguish and emotional distress
- Defamation, invasion of privacy and plagiarism
The…