Specialist insurer Beazley has enhanced its insurance policy for media and technology businesses to better keep up with the evolving tech market and cyber threat landscape.
The improved MediaTech policy now combines comprehensive errors and omissions (E&O) and media liability insurance with cyber coverage. This ensures that media and tech companies do not just have a policy that covers for specific risks, but also receive support from expert risk management services to reduce their exposure.
MediaTech itself has also been streamlined to “provide clear and concise wording and seamless protection,” a release explained.
The E&O and media coverage features include:
The cyber coverage part of the policy includes:
Clients will also have access to Beazley’s Breach Response Services team, who can provide a range of pre-breach and risk management services.
“Beazley MediaTech has been designed to protect firms that are at the cutting edge of using and developing new technology in exciting and often experimental ways,” said Beazley head of US cyber & tech Bob Wice. “We’ve enhanced our offering to ensure it keeps pace with the evolving risk landscape.”