Technical, eRisk and Cyber Liability
As the use of technology in our business grows, we find ourselves asking the question:

"What business am I in"?

As it turns out, this is a very timely insurance-related question for your business and you may want to ask us to help you answer it.

Traditional commercial General Liability Policies have evolved to exclude most causes of action that are not limited to allegations of negligence involving defined bodily injury, property damage and personal injury damages. The definitions of these injuries and damages are limited in scope especially considering the wide range of legal theory available to today's plaintiff bar. Specific policies covering wrongful acts associated with business management and professional conduct have evolved to remedy some of the gaps in coverage but these new forms also rely on their own definitions and exclusions and often are at odds with provisions in the General Liability Policy, leaving unplanned, uncovered exposures to loss.

We can help!!
Let us perform our unique exposure and risk assessment matrix for your:

• Use of technology exposures
• Use of media and advertising exposures
• Use of the internet exposures

Once we have helped you determine the source of a potential loss we will help you design a solution through:

• Insurance transfer to the many cyber-liability coverage programs available
• Risk transfer strategies
• Risk assumption strategies involving contract negotiation

Most businesses, with standard insurance policies do not realize that they may have absolutely no insurance protection for third party lawsuits or for first party, loss of use or data for any of the following:

Using Technology:

• Negligent act, error or omission
• Failure of the technology services to perform as intended
• Breach of warranties or representations
• Denial of service, unauthorized access or use, repudiation of access, tampering with or introducing malicious code
• Infringement of copyright, title, slogan, trademark, trade name, trade dress, service mark or service name
• Plagiarism or misappropriation of ideas
• Misuse of an intellectual property right in content
• Libel, slander, product or service disparagement, trade libel, infliction of emotional distress, outrage or outrageous conduct
• False light, public disclosure of private facts, intrusion and commercial appropriation of name or likeness
• Wrongful entry or eviction, trespass, eavesdropping or other invasion of the right of private occupancy
• Malicious prosecution or false arrest, detention or imprisonment services
• Activities on an insured's own website(s)

Services performed for others:

• Web services
• Consulting, analysis, design, installation, training, maintenance, support and repair of or on software, wireless applications, firmware, shareware, networks, systems, hardware, devices or parts
• System integration
• Processing, managing, mining or warehousing of data
• Administration, management, operation or hosting of another party's systems, technology or computer facilities
• Manufacture, sale, licensing, distribution, or marketing of software, wireless applications, firmware, shareware, networks, systems, hardware, devices or components
• Design and development of: code, software or programming
• Providing software application: services, rental or leasing

Believe it or not, our Technical Risk Matrix analysis may surprise you on how much of the foregoing your business is exposed to.

Call us or email us at ejc@bbandb.com for more information and a no-cost analysis and proposal of consulting services.

Insurance available through People's United Bank and People's Securities, Inc., a subsidiary of People's United Bank, member NASD and SIPC, or RC Knox & Company, insurance subsidiary of People's United Bank. Property and casualty insurance available through RC Knox & Company.

• NOT A DEPOSIT
• NOT FDIC-INSURED
• NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
• NOT GUARANTEED BY THE BANK OR AFFILIATES
• MAY GO DOWN IN VALUE