Contractual checks.
Hiscox is urging brokers and their technology company clients to check existing policies for details...
Hiscox is urging brokers and their technology company clients tocheck existing policies for details on contractual disputes. It believes a
significant number of UK technology companies and consultants have
insufficient or no insurance against such disputes. Stephen Wares,
technology underwriter of Hiscox, said: "We estimate that more than 20% of
the technology companies currently insured in the UK are not adequately
covered."
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