Information Technology Liability
Computer Consultant (Including Installation)
A computer consultant was hired to build software for a client. The client alleged that the software was defective and delivered late, and they sought a refund of fees and damages as a result of lost income.
The matter went to court, which found in favour of the insured consultant.
The insurer paid $116,692 in defence costs.
The provision of the claims examples are for illustrative purposes only and should not be seen as an indication as to how any potential claim will be assessed or accepted. Cover for a claim will depend on the specific circumstances around the loss and would be subject to the terms and conditions of the policy concerned. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained in this email is general only. Coverage for claims on the policy will be determined by the insurer, not BizCover for Brokers, and will depend on the specific facts and circumstances involved.