TechPremier Insurance

A single policy to address complex risks

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Reasons to consider TechPremier insurance from AIG

High customer expectations

Businesses may attach great importance to their IT for competitive advantage and the projected business benefits. Our experience as an insurer of IT companies has shown us that when specific expectations are not met, clients’ minds may turn to possible action against suppliers.

Whole business protection

The potential claims that technology providers can face from errors in delivery can cause widespread damage to reputations, balance sheets and earnings potential. Technology firms must protect themselves against these claims and exposures in this ever-changing and increasingly litigious environment to ensure business survival.

Who is it for?

This policy may be suitable for a range of technology companies, including IT services companies, hardware suppliers, software suppliers and IT consultants, contractors and hosting services.

What is covered?

TechPremier allows clients to combine their critical Professional Liability protection with cover for their additional Liability exposures. TechPremier includes Public and Products Liability cover, Employers Liability, Material Damage (‘All Risks’) and Business Interruption (‘All Risks’) cover.

Why AIG TechPremier?

AIG has incurred Professional Indemnity losses of over €1 billion in the last 10 years.
AIG handles approximately 30 new PI claims each working day (~8,000 per year).
50 in-house Financial Lines claims staff in Europe with an average 10 years experience
AIG Ireland have 4 in-house specialist financial Lines claims handlers, who have access to a broad panel of experienced and qualified external law firms who are skilled in litigation defence. 

Over 30 years of experience in underwriting professional liability worldwide
70 Professional Indemnity underwriters in Europe with an average 14 years product experience
AIG Ireland have an experienced Financial Lines Underwriting team with 4 PI specialist underwriters.
Unmatched global presence to deliver service excellence and world-class underwriter know-how
99.7% of our local policies are issued through the AIG-owned network.
78 local PI offices worldwide to handle your claims and service your clients’ needs
Multiline Approach 

This product allows clients to obtain cover for their additional Liability exposures. TechPremier includes Public and Products Liability cover, Employers Liability, Material Damage (‘All Risks’) and Business Interruption (‘All Risks’)