IT Liability Insurance

Information Technology Liability Insurance is a combined policy specifically created for Information Technology professionals and contractors. The policy is a combined Professional Indemnity and Public & Products Liability Policy which was created to avoid gaps in coverage that can arise if policies are placed separately.

The gaps in coverage can arise as a result of the diverse range of activities provided by IT professionals or contractors.

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Professional Indemnity


Public & Products Liability


Civil Liability arising from provision of IT Services and IT Products

Faulty designs, inaccurate advice
Misleading & deceptive conduct*
Breaches of intellectual property rights*
Contractual Liability
Fraudulent & dishonest acts

Injury caused by you or one of your employee’s negligence

Loss of documents and data
Fines & penalties

Slips & falls on your premises

Damage to a third party’s property

Product Recall expense

*We only provide coverage for unintentional misleading & deceptive conduct, breaches of intellectual property rights and defamation.

Data IT Office [Converted]
  • SME IT providers with turnovers up to $100M (can consider higher turnovers)
  • IT Consultants
  • Software Developers

  • IT Help Desk / Support Services

  • IT Recruitment and Placement Services

  • Systems Integration Services

  • Value Added Resellers

  • Website Designers/Developers

  • Online Graphic Designers

  • Hosting Services

  • Data Processing/Storage/Warehousing

  • Blue collar installation works

  • CCTV and Security systems supply and installation

  • IT hardware manufacturers

  • IT hardware and software resellers

  • Application developers

  • Clients involved in SCADA/PLC work
  • Tier 1 or 2 Internet Service Provider
  • Stock Trading or Funds transfer System
  • Gambling Systems


Data Hacker

Claims Example

Losses in the information technology space are a loss that is becoming more common and can arise from varied circumstances.  One such loss arose when a client of an IT professional suffered an extortion loss.  The victim of the extortion attempted to recover their system from a previous backup however due to the IT professional’s failure to properly configure the backup of the victim’s system, recovery was not possible.

The victim of the extortion loss claimed against the IT professional for costs associated with the lost backup and resolution of the extortion threat.

The claim was indemnified by BIA and, recognizing the clear liability risks, settled promptly.

Distribution warehouse

Management Liability Insurance

Management Liability Insurance will protect Directors and Officers as well as the Company against a Wrongful Act committed in the management of the Company.

work office

Professional Indemnity Insurance provides protection for your business against a claim made by a client alleging they have suffered a financial loss as a result of your negligence or a breach of professional duty from services provided by your business.


Public & Products Liability Insurance

Public and product liability insurance protects businesses from paying compensation to a third party in the event of personal accidents, injury or property damage resulting from any business activity and manufactured or supplied product.

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