New Policy Offered To Cover Tech Risks
Risk managers and insurance agents may have clients at risk if those organizations have Web sites or employees who send e-mail, according to an online broker support organization.
"Information we have from different analysts suggests that 90 percent of businesses today use e-mail," said John Wurzler, a vice president at Safeonline, which this month will announce SafeBusiness, a new first- and third-party policy for small-to-medium-sized firms using basic technologies whose general liability coverage excludes technology risks.
Mr. Wurzler continued that legal liability can be created when someone within an organization defames someone in an e-mail, uses copyrighted material in an e-mail that infringes on someone's intellectual property, or performs either of these activities on a Web site. "Those company legal liabilities can subject the company to substantial losses," he said.
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