Articles
My Book! A Trip Down Memory Lane to Y2K
For those of us who remember the computer crisis leading up to the millennium, my new book tells the 1990s story of those people who did not know the outcome.
COVID-19 and Y2K
Y2K in 2000, like COVID-19 in 2020, was novel with respect to not anyone having prior experience with the issue. While the severity of long-term COVID-19 economic issues cannot be underestimated, or possibly estimated accurately at all at this time, once again desperation turns to the assets of insurers to assist in economic support for businesses.
Electronic Equipment Maintenance Insurance
If your Electronic Equipment Maintenance costs exceed $20,000 each year, there are some interesting new products on the market which can save you up to 20-25% in annual fees.
Questions on Every CEO's Mind
We offer over 20 years experience in risk management and the technology insurance marketplace. Call us to help. We will be honored t
IT as a Commodity: The Premise
Be sure your insurer understands your new operational configuration and has solutions within at least the same boundaries as before you outsourced. You will need to consider all outsourced services as branches of your own offices and operations. Coverage for each function should be analyzed and insured by you if not by your outsourced service provider.
Contracts, Risk, and Your Insurance
With local tech companies on the short-end of the contract stick, managing risks and exposures is increasingly important.
Unexpected Losses
Indirect income loss from assemblers, shock loss from dropped boxes, or shipping loss even with F.O.B.: understand what the potential problems and solutions are.
Internet Data Security
Internet Data security is currently the number one technology challenge. Insurance programs can cover statute risks
E-Commerce and Web Site Liability
E-Commerce and Web Site Liability: Make sure your insurer is prepared to defend you for any related claims against you.
The Need for Software Insurance
Software in the 90's is a "tangible", a "good", and no longer considered an intangible, or service. The insurance implications for software professionals is ominous!
Manufacturing Risks In The Global Economy
Technology manufacturing is the backbone of our New England economy. Our Massachusetts manufacturers have long exported nearly 1/3 of our technology products, making Massachusetts an important part of the global economy. Risks of the international marketplace naturally follow.
Unreliability of Hardware and Software
As an editorial observation by this author looking back over 30 years of professional work in technology, I am compelled to draw some provocative conclusions. In the old days, when we re-wired boards to run IBM 80-column cards, we'd call Chris when things got tangled up.
Sharing the Risk - This Is Not A Test
In the wake of September 11th’s tragedies, insurers are quietly making good on their annual promises to pay losses. Interestingly, all policies exclude war related losses in a very broad way. However, America’s insurers are stepping up to the plate in the biggest way they ever have, declaring these losses as "terrorist acts" and not excluding coverage. Does that affect you? Absolutely!
Technology Risk - What You Can Transfer, What You Cannot!
In economically troubled times business risks take on increased weight. You need to understand what risk you can transfer and what risk you cannot.
Remote car door locks – code can be intercepted
Advice is to use the lock button on your car upon exiting, which does not send a security code through the airwaves.
Contracts and Your Insurance
Your attorney reviews all of your contracts, customarily asking you to send the insurance portions to us for review. Our habit is to comment on each clause and section, advising our clients what is covered and what is not covered under their current policy. After 20 years of business we also have a good sense of what is reasonably asked of you under any contract and what conditions you may be able to negotiate away.
Insuring Intellectual Property - How to Protect Yourself
Intellectual property, hard copy and in cyberspace, should be carefully examined to determine what insurance can best protect you.
Intellectual Property Matters: Patent Infringement
As a technology based company, knowing you have developed state of the art products, you aggressively pursue selling a service contract to that large corporation you know badly needs your services. Required limits of liability usually follow, with specifics of coverage and "Additional Insured" status requirements.What do you do?
Intellectual Property in Contracts -- and Your Insurance
Most software licensing agreements contain clauses regarding intellectual property infringement, usually indemnifying the client for any IP infringement complaints. Rarely are these clauses supported by insurance, which is important to understand should problems occur.