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IAITAM IT Asset Insurance Program
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International Association of Information Technology Asset Managers, Inc. (IAITAM) is proud to offer IAITAM members exclusive access to its IAITAM IT Asset Insurance Program (the Program). The Program is underwritten by an “A+” rated London market as well as an “A” rated US insurer. Both insurance products within the Program will be exclusively brokered by Willis HRH, who is among the top three brokers in 15 of the 20 largest U.S. markets. Willis HRH holds the number one positions in Chicago, Philadelphia, Phoenix and seven other major U.S. markets with 210 locations in North America. |
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IAITAM Information Asset Insurance Agreement
This insurance product provides comprehensive business interruption and data restoration coverage for members who sustain a loss or corruption of data arising out of a variety of causes, including: network security breach, accidental damage, third-party sabotage, or natural disaster. The key difference between this insurance agreement and other property loss insurance agreements is that there is no need to demonstrate damage to physical property to qualify for coverage. In this unique offering available exclusively to IAITAM members, the covered property is the intangible data of a company!
In order to view the IAITAM Information Asset Insurance Agreement Application, you must log in to the member's side of the website. |
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IAITAM Software Protection Insurance Agreement
This insurance product provides comprehensive copyright, trademark, and database rights infringement coverage for members faced with infringement claims based on their internal use of software – the sort of claims routinely brought by the BSA or SIIA on behalf of large software vendors. This comprehensive insurance agreement also provides coverage for open source usage, which may be a growing concern to companies on the heels of the Jacobsen v. Katzer, No. 06-CV-1905 (Fed. Cir. August 13, 2008) decision defending the rights of open source copyright owners.
These innovative products are designed to cover the everyday IT failure and software compliance risks your business faces, including:
- Copyright or trademark infringement claims arising from the internal use of software
- Legal expense to defend a software audit
- Loss of income due to business interruption when caused by lost or damaged data arising from a network security breach, accidental damage, third-party sabotage, or natural disaster
- Clean up and forensics of computer operations due to data corruption or loss
- Costs to restore damaged business data and data systems
- Crisis management expenses related to IT systems failure incident
In order to view the IAITAM Software Protection Insurance Agreement Application, you must log in to the member's side of the website. | |
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