Insuring High Tech

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Posted on 29 Sep 04

ProgramBusiness Storefront Owner InsureHiTech http://www.programbusiness.com/tracking/sftracker.asp?Sfid=264 is a wholesale brokerage specialized in providing expertise to retail brokers for their client needs in the TECHNOLOGY, BIOTECHNOLOGY and VENTURE/HEDGE FUND industries.

TECHNOLOGY
Errors & Omissions
Media Liability
Network Liability
Directors & Officers
Employment Practices Liability
Fiduciary Liability

BIOTECHNOLOGY
Product Liability
Clinical Trials Liability
Directors & Officers
Employment Practices Liability

VENTURE CAPITAL / HEDGE FUNDS
Management Liability (D&O, E&O, EPL)
Fidelity / Crime Bond

Some recent InsureHiTech transactions include:

$5 million Management Liability coverage for a specialty finance company.
Annual premium: $100,000

$3 million Management Liability coverage for a hedge fund.
Annual premium: $70,000

$3.5 million D&O coverage for a publicly traded specialty pharma company.
Annual premium: $60,000

$2 million Management Liability coverage for a mortgage REIT.
Annual premium: $50,000

$5 million combined D&O/EPL/Fiduciary coverage for a technology company.
Annual premium: $20,000

$1 million Product Liability coverage for a biotechnology company.
Annual premium: $15,000

$2 million E&O coverage for a technology company.
Annual premium: $10,000

$1 million E&O coverage for a technology consulting firm.
Annual premium: $2,500

For more information on how InsureHiTech can help you, visit their storefront at http://www.programbusiness.com/tracking/sftracker.asp?Sfid=264.