Telecommunication Services Professional Liability

Telecommunication Services

Telecommunication is the exchange of information over significant distance, via electronic means.  This includes voice over the internet, videos, telephone services, and mobile wireless communications; as well as design, maintenance, analysis and security of that information.

Opportunity:

• Industry Market:  Over $4.9B in revenue
• Average Premium:  $1,200
• Minimum Premium:  $500

How to Quote:

• Tech E&O Application
• EZConnect Online Quoting

Categories include:  

• VOIP Service Provider
• Telecommunication Consulting
• Telecom Switching System Software
• Telephone System Network

Exposure Concerns:

Telecommunications for 911 or emergency call centers are a higher hazard class.  Securing the data being exchanged is very important.  Be sure your clients understand how computer professional liability will protect them. 

Key Questions:

1. What do your clients do?
2. What industry do they serve?
3. What security procedures do they have in place?

 Coverage:

• Revenues from $1k to $25M
• Limits up to $5M
• Deductible options ranging from $1k to $250k

If you think that you have a business or know of a business that provides these type of services and is in need of technology E&O, please contact Stuckey & Company.