Technology Insurance And The Corporate EnvironmentThe increasing use of the Internet for electronic commerce has resulted in increased risk. Internet-related exposures can result in either first party or third party claims. Technology insurance provides protection against online trademark infringement, broken firewalls, mischievous employee e-mails and other issues. Businesses that use the Internet expose themselves to risks that can have devastating consequences. Using another’s trademark or patent online can have enormous financial consequences. Technology insurance protects an individual against this enormous financial risk.
The following questions have been addressed in this article:How should the policy be chosen?
What are other issues that should be considered about the policy?
What are other measures that companies should be taking besides technology insurance policies?