Jensten Underwriting and Hiscox in UK technology offering
MGA Jensten Underwriting has partnered with Hiscox to provide a new solution aimed at technology businesses in the UK. It described the new offering as providing “specialist, cutting-edge cover for this complex and fast-changing technology sector”.
The new solution, created in partnership with leading insurer Hiscox, is aimed at the specific needs of businesses, from telecom service providers through to software developers, cloud service companies, IT consultants, staffing and training businesses. It provides cover for professional indemnity incorporating breach of contract, wide intellectual property infringement and cyber, and extensions for legal defence, sub-contractors, and negligence.
Simon Taylor, wholesale managing director, Jensten Underwriting, said: “We are delighted with the launch of this timely, and specialist, technology product, the result of effective collaboration between our product development team and a key insurer partner. The initiative enables Jensten Underwriting to offer a best-in-class product via our broking partners to this vital and fast-growing sector.”
He added: “Bolstering our existing expertise in the technology sector with additional products such as this adds to our toolkit, offering our broker partners a real competitive advantage by giving their clients the flexible, comprehensive cover they need. It is innovations such as this that are also enabling Jensten Underwriting to attract more and more brokers to trade with us.”
