For Agents & Brokers
New technology creates new coverage gaps
You can help your clients protect their business
We are living in a world where new ideas and technologies are continuously spun together to create entirely new forms of equipment.
A tech revolution
This technological revolution brings many benefits. But it's also changing risks for businesses and consumers. Often, in ways that are not always obvious at first.
Microelectronics makes it possible
Microelectronics are at the heart of this transformation. Almost all equipment in use today uses sensitive micro-circuitry. Firmware for a machine can contain millions of lines of complex code. And powerful business equipment is carried in a pocket or brief case.
New exposures and coverage gaps
These changes in technology and business practices are creating new exposures and insurance coverage gaps that agents and insurance companies will need to address.
What does it mean for your clients?
HSB's Marc Saulsbury recently explored the insurance implications of new technologies, including microelectronics, in Best's Review magazine. Click here to read the article.
HSB offers insurance solutions
HSB's new TechAdvantage™ Equipment and Technology Breakdown Coverage expands our equipment breakdown product to include microelectronics coverage. It's available to quote as a monoline product sold to commercial insureds by agents and brokers.
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