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MediaTech

Professional, technology, multimedia, privacy and network security liability coverage in a single form.

Beazley’s MediaTech policy form is streamlined and comprehensive to cover technology and business services companies seamlessly in the event of a claim and includes errors & omissions (E&O) and media coverage.

We have helped our insureds through thousands of errors & omissions claims involving software failures, hardware defects, implementation errors and downtime, as well as intellectual property rights and personal injury disputes arising from media content.

Who is it for?

Companies that undertake work for third parties in the technology sector and have exposure to professional liability, cyber risks and media liability:

  • Advertising Agencies/Marketing Consultant
  • Call Center Services
  • Custom Software Developer
  • Cybersecurity Consulting
  • Data Analytics/Processing
  • Data Management/Warehousing
  • Healthcare Software/Telemedicine
  • Internet Service Provider (ISP)
  • IT Consulting
  • Lead Generation
  • Peer-to-Peer/Online Marketplace
  • Pre-Packaged Software
  • Security Software Developer
  • Telecommunications Consultant
  • Video Game Developers
  • Video/AV Production Services
  • Website Developers

Our covers

Limits 

On average we offer 15M€ limit with the possibility to increase it up to 25M€

E&O - Professional Liability

  • Broad professional liability to address the need to cover non-technology professional services
  • Unintentional breach of contract for professional liability exposure

Media

  • Online and offline media, including content published on social media, for companies advertising their own products, as well as while performing services for others
  • Trade secret misappropriation, copyright or trademark infringement
  • Mental anguish and emotional distress
  • Defamation, invasion of privacy and plagiarism

Claims examples

A software company developed a platform for a telecommunications company to analyze their customers’ broadband usage. The telecommunications company experienced an issue with the platform that led to the incorrect recording of the data usage. As a result, almost 100 000 customers had their broadband data usage incorrectly recorded. After the telecommunications company settled with a regulator to compensate the impacted subscribers, Beazley worked with the insured software company to retain expert defense counsel and resolve the matter.