PHLY Products
Introducing the Integrated Technology Product
The fastest growing insurance market over the last five years has a new insurance solution. Philadelphia Insurance Companies is now offering an Integrated Tech product that offers coverage for a variety of technology professional services.

Underwriting Appetite:
•   Primary target class = multifaceted technology companies with $3M and above annual revenue
•   Coverages include:
    -  E&O
    -  Network Security Endorsement
    -  Media Liability Endorsement
    -  Network Extortion
    -  Breach Notification and Reputation Repair
    -  Package (GL, Property, Auto, Umbrella)
•   Average Professional Liability premium is $30K or package $25-$30K
•   The policy addresses the exposures resulting from negligent acts, errors, or omissions arising out of technology services rendered to others

Benefits of the Program:
•   Limits available up to $15M for select risks
•   Broad definition of Technology Professional Services
•   Claim expense in addition to the limit is available for up to $2M
•   Claims-made coverage
•   Crisis Management Services expense coverage including a Certified Breach Coach available
•   Worldwide coverage
•   Copyright and trademark infringement covered in Media Liability endorsement
•   Separate limits for Media Liability and Cyber Liability available
•   Availability of complementary coverages to provide broader risk management solutions including Directors & Officers, Employment Practices, Fiduciary, and Crime

5 Areas We’re Better Than Competitors:
1.    PHLY offers individual limits for coverages - You don’t have to worry about max limits being reached from a single claim
2.   Defense in addition to limit up to $2M
3.   Sub-contractors included in wording
4.   Coverage includes Breach Notification and Reputation Repair, as well as protection for Network Extortion
5.   One form for E&O, media liability and network security - simplified and cuts down on gaps in coverage

Learn More:
For more information, please visit our Integrated Technology product page.

Contact Info:
To speak with a Marketing Representative, please call 800.873.4552 or contact the PHLY Regional Office closest to you.