Technology Errors & Omissions Questions

Please describe the company’s use of technology in delivering its product and/or services.

Within the last 3 years has Named Insured been subject to a dispute or claim arising out of a technology error or omission in excess of $25,000?

YesNoN/A

Is Named Insured operating as a managed service provider (MSP), or does Named Insured participate directly in or sell technology products/services designed for any of the following industries?

YesNo

How often are Named Insured’s services provided by written agreement or contract?

100% of Agreements or Contracts<50% of Agreements or Contracts>50% of Agreements or Contracts0% of Agreements or Contracts

Identify the standard risk mitigating clauses or methods contained within Named Insured’s agreements or contracts. (Select all that apply)

Customer Acceptance / Final Sign OffDisclaimer of WarrantsHold Harmless Agreements that Benefit Named InsuredLimitation of LiabilityExclusion of Consquential DamagesIndemnification ClauseBinding Mandatory ArbitrationProject Phases / Milestones

Technology Errors & Omissions QuestionsTechnology Errors & Omissions Questions

Technology Errors & Omissions Questions
Technology Errors & Omissions Questions