Insurance for ICT Businesses

Insurance for ICT Businesses

La Playa provides specialist insurance for a broad range of companies engaged in software and hardware development, telecommunications, network and systems design & installation and firms providing managed IT and communications services worldwide. Whatever your specific area of operations - from healthcare IT to IPTV - we want to hear from you.

La Playa is an award-winning independent broker supporting science and technology companies with practical, jargon-free advice on specialist insurance and risk management.

Backed by leading global technology insurers, and allied with best-of breed underwriters, we design tailored insurance portfolios with comprehensive protection at sensible prices. Flexible and efficient, we combine personal service with expert advice – the perfect partner to guide you through the complex and ever-changing risks your enterprise will face 

Covers Include:

Cyber Risks Space Invaders 2

“Insurance brokers who understand and work with technology companies are a rare breed, to be highly recommended.”

 

Pricing Options

Prix Fixe 1

£45.83 a month

Professional Indemnity: £250,000

Employers' Liability: £10 million

General Public: £1 million

Product Liability: £1 million

Computers: £5,000

General Contents: £5,000

Business Interruption: £25,000

Breach Response: 5,000 records


Application form

Prix Fixe 2

£55 a month

Professional Indemnity: £500,000

Employers' Liability: £10 million

General Public: £1 million

Product Liability: £1 million

Computers: £5,000

General Contents: £5,000

Business Interruption: £25,000

Breach Response: 5,000 records


Application form

Prix Fixe 3

£73.34 a month

Professional Indemnity: £1,000,000

Employers' Liability: £10 million

General Public: £1 million

Product Liability: £1 million

Computers: £5,000

General Contents: £5,000

Business Interruption: £25,000

Breach Response: 5,000 records


Application form

A La Carte

 


Application form

Case Study

A software developer,  identified an opportunity to launch and market a new product focused on the financial services sector by offering the same functionality as an existing product but ‘doing it better’. The software product was to be developed on a new platform incorporating modern architecture, which required specialist development skills.

A team of developers was hired from a rival company which had a significant share and presence in the market. One of those developers emailed a number of software development scripts from his work email address to his personal Hotmail address a couple of days before leaving the rival company to join our client.

The initial investigation revealed that the email indiscretion could be explained. It also turned out that the scripts were open source, which means they were freely available in the public domain and not owned by the rival company.

The full case study can be found here.

Ready to work with us?

You can call us to talk more about your business on +44 (0)1223 200650 or +44 (0)20 3865 0149

What's Covered?

Monthly Payments
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About La Playa Science & Technology

Specialist & Independent

Specialist & Independent

La Playa's specialist Science & Tech team can help you protect your business with smart, flexible, high-performance insurance - with a friendly human UI. We understand the risks and pressures you face - and we speak your language.  We’ll support you with great advice - helping you make good decisions for your business. 

In-house IFA

We also offer Business Protection (including Key Person Insurance) and Employee Benefits: a joined up approach with a team of advisers working for your best financial interests - all under one roof

Advice You Can Trust

…from an expert who understands you

Tech-based business is 24/7, global and borderless, exposing you to new risks and liabilities - often in unfamiliar places. As the law struggles to keep pace with technology, insurance can provide a real safety net if you fall foul of changing legislation.

  • Specialist insurance for science and technology
  • Independent professional advice
  • Relationship-based service: right beside you when you make a claim
  • “Can do” culture

Seamless insurance across UK and US

What does “Boutique Service” actually mean?
La Playa’s Personal Risk Concierge means:

  1. dedicated adviser so you can speak to the same person each time
  2. Careful listening to really understand your needs and priorities
  3. As much help as you need with completing forms to provide risk information
  4. A discreet and complimentary appraisal* of your property to assess the risks and ensure you have the right cover where you need it
  5. An independent market review - so you don’t have to shop around comparing policies, cover limits, risks covered and smallprint exclusions
  6. Careful monitoring of the insurers’ financial strength, claims and customer service
  7. An independent recommendation of the best policy for you - and, importantly, why
  8. Specialist policy wordings from underwriters who have demonstrated excellence and deep understanding of your risk exposures. We have analysed a wide range of policy wordings and have selected only the best for our panel. Our advisers have a deep working knowledge of these policies 
  9. An intelligently designed portfolio of protection across multiple asset classes and territories
  10. Advice on how best to manage your risks - to keep you safe but also to keep insurance costs down
  11. Expert guidance on valuations, security and risk management, and connecting you with specialist advisers and suppliers
  12. Direct phone, mobile and email access to your adviser for questions and advice. We aim to respond to emails within 60 minutes
  13. Policy documents emailed to you - no logins and passwords to remember
  14. An advocate beside you if you make a claim - thinking laterally to mitigate the impact, making useful connections to get you back up and running; driving through to a swift and fair financial settlement

Oh, and...

  • No call centres
  • No ‘hold’ music
  • No hidden fees

*subject to availability with our insurer panel

Photo from Science & Technology
Photo of Hanna Beaumont FIRM

Hanna Beaumont FIRM

DIRECTOR, CORPORATE

Direct Dial: +44 (0) 1223 200664

Mobile: +44 (0) 7795 473071

Email: hanna.beaumont@laplayainsurance.com

Twitter: @HannaBLaPlaya