Specialist insurance provider CFC has unveiled new policies for tech and media companies to minimise the need for multiple policies. The wordings include cover for products and services liability, IP infringement and defamation, cyber cover, and sub-contractors’ vicarious liability.
Michael Brunero, head of tech, media and IP at CFC, said: “Technology has changed the way we communicate, how we share and consume information, how we work, how we entertain ourselves, even how we meet other people.
“Tech and media companies themselves have changed and a host of new businesses are emerging from online influencers and vloggers to digital content creators. The exposures they face aren’t as clear cut as they were even a decade ago, and yet our industry often continues to provide cover based on policies created over 20 years ago.”
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