 For technology and telecommunications firms, every day brings a new world of risk, including financial challenges, market volatility, fluctuating demand for products and services, and unprecedented scrutiny of corporate governance practices. Couple these general business concerns with risks that may arise with emerging new technologies, and the only constant for technology and telecommunications companies is change.
Marsh's Technology & Telecommunications Practice is expert in creating customized solutions for the risks facing these ever-changing industries, and works with a range of technology and telecommunications firms, including:
- Software, hardware, and peripherals companies;
- Internet and new media;
- Semiconductor and capital equipment manufacturers;
- Data networking and infrastructure;
- Nanotechnology and technical services segments;
- Equipment manufacturers;
- Wireless service providers;
- Competitive, incumbent, and rural local exchange carriers; and
- Cable televisions operations.
Marsh designs programs for technology and telecommunications companies that anticipate emerging trends and pre-empt potential risks before they become costly problems or tomorrow’s headlines. We provide a broad range of coverage solutions for risks facing the industry, including:
- Directors and officers liability;
- Business interruption;
- Intellectual property;
- Internet risks;
- Technical errors and omissions;
- Contractual liability;
- Crisis management;
- Management of technology-related litigation;
- Alternative funding options; and
- Workforce strategies.
Marsh also offers specialized services to help technology and telecommunications firms manage claims, control and reduce losses, and identify hidden risk and insurance-related liabilities related to mergers and acquisitions.
In addition, Marsh can help identify, understand, and quantify risks facing technology and telecommunications firms through proactive risk consulting, including telecom-specific benchmarking as well as risk analysis for new products, markets, operations, and cyberspace exposures.
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