What should I do if my software has a bug that caused my client a financial loss?
Bugs in software can sometimes lead to unexpected client losses.
- Software services claims
Covers financial losses caused by software errors.
Assistance to manage client disputes and financial consequences.
If your software has a bug that caused a client financial harm, you can rely on your Tech E&O policy to help with legal defence and any compensation claims. Inform your insurer as soon as possible and provide all relevant details. Quick reporting can help you manage the situation efficiently.
Back to Insurance 101What should I do if a regulator sends me a notice?
The policy helps with regulatory notices and responses.
What steps should I take if a client sends me a legal notice for not delivering on a project?
The policy helps address disputes involving the insured person (D&O) effectively.
What should I do if I am accused of breaking anti-trust laws?
The policy helps with anti-trust allegations and defence.
What should I do if I'm accused of any kind of wrongdoing?
The policy supports defence against broad accusations.
What does it mean if shareholders file a lawsuit on behalf of the company (derivative action), and how should I deal with it?
The policy provides coverage for shareholder claims.
What should I do if shareholders file a class-action lawsuit against the Board?
The policy provides support for shareholder class-action cases.
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