Technology lies at the heart of most successful financial institutions, yet it can present a host of challenges and risks. General liability policies can often fall short of providing the Technology Errors & Omissions coverage you need to protect your institution from mistakes that can cause harm to a client, company or colleague. You need a carrier that will help you address these challenges and provide your organization with peace of mind.
CNA's Technology Errors & Omissions coverage provides banks, insurance companies, asset managers and other financial institutions an efficient solution to technology-specific risks. We offer a wide range of general and specific features targeted for financial services firms, including coverage for products and services (unless specifically excluded), loss of use of tangible property (not physically insured for telecommunication services), coverage for independent contractors and much more. With optional Informational Risk and Media Liability endorsements, coverage can be extended to include: Network security and privacy injury liability, coverage for emotional distress in absence of physical bodily injury, and coverage for content injury committed in the performance of a media activity.
Our team of underwriters and risk control professionals are dedicated to providing the service levels financial institutions expect and demand. And if an incident occurs, our highly experienced claim professionals are dedicated to managing your claim to a timely resolution.