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Nuts & Bolts: The Chubb Group of Insurance Companies has launched a new errors and omissions (E&O) liability policy that can be tailored to meet the needs of small-to large-sized information and network technology companies. INTegrity by Chubb helps protect high-tech
companies against the legal expenses and monetary damages of an E&O lawsuit alleging the failure of a product to perform its function or the high-tech firm’s failure to perform services within the terms of the contract. It offers three levels of protection including-Value, Standard and Premier—allowing companies to purchase the level of insurance they desire. Depending upon the level of E&O insurance desired, the following options are available: definition of loss; final acceptance criteria; privacy violation risk; intellectual property infringement risk security breach by others.

Carrier: Chubb