Gaming Insurance
This policy is designed to protect the Insured, against certain Liability and Loss that you may become exposed to during the course of your business activities. It covers certain Losses that you may suffer and Claims that may be made against you by your clients, customers or other third parties.
Why Should You Get A Gaming Insurance Policy ?
The policy pays for the liability for any demand for damages, compensation or injunctive relief for which you are legally liable in connection to your business
Infringement of Intellectual Property Rights
Unintentional Breach of Contract
Libel and slander
Breach of comparative advertising regulation
Negligence or breach of professional duty
Negligent misstatement and negligent misrepresentation
Dishonesty of employees
Negligent acts or omission of Service providers
Legal liability for damages, compensation from Malicious Cyber including Hacking, Computer Virus, Denial of service attack on any computer system
Rectification cost including costs to restore, replace, rebuild, replicate or reinstate the Game/app content or Systems and data.
Crisis management including cost for advice on legal, regulatory and compliance issues
Notification Costs to comply with the legal requirements to notify third parties, establish credit monitoring, identity theft
Reputation management including cost to mitigate the damage to the brand or reputation
Business Interruption
Telephone phreaking
Extortion
Things You
Probably Wonder
Gaming Insurance is a specialized coverage designed to protect gaming companies from risks such as cyberattacks, data breaches, intellectual property disputes, and operational disruptions specific to the gaming industry.
Gaming Insurance typically covers risks like cyberattacks, server downtime, intellectual property claims, player data breaches, and operational disruptions affecting the gaming experience.
While it is not mandatory but this insurance is important for companies of all sizes to safeguard against risks that could lead to significant financial losses or harm the reputation of the business.
Yes, Gaming Insurance often includes coverage for data breaches, protecting against financial losses and legal liabilities arising from the exposure of player data.
Gaming Insurance helps mitigate financial losses, ensures business continuity, protects against legal claims.
The cost of Gaming Insurance depends on factors such as the size of your company, the type of games you offer, the volume of player data handled, coverage limits, and the specific risks you want to insure against.
To choose the right Gaming Insurance policy, evaluate the unique risks your gaming business faces, consult with Mitigata, and ensure the policy includes comprehensive coverage for your needs.
Yes, many Gaming Insurance policies offer coverage for business interruption resulting into loss of profit due to server downtime or other operational disruptions, depending on the terms of the policy.