Protecting Your Technological Advancements: Tailored Insurance Solutions for Technology Companies 

At Mathews Comfort, we understand the technology space and take pride in insuring tomorrow’s technology today. We partner with innovative companies that are driving forward with technological advancements and work with the market to ensure cover is in place to properly account for these new exposures. 

Stemming from IT support to state-of-the-art deep tech advancements, we work with companies of all sizes and global footprints. With the risk landscape forever evolving, considering new and increased exposures, it’s now more important than ever to work with a specialist broker. 

Subsectors we work with: 

• Deep Tech (Including Artificial Intelligence, Quantum Computing, Robotics)
• Virtual and Augmented Reality
• FinTech
• Hardware Development, Manufacturing and Distribution
• Software Development (Including Software as a Service / SaaS)
• Game Developers
• Social Media Platforms
• Telecommunications and Network Services
• Digital Transformation
• Managed Service Providers
• Web and Graphic Design Agencies
• SEO & PPC Agencies 
• IT Service Providers

Why choose us?

• Wealth of Experience – With an ever-changing regulatory landscape and stricter compliance requirements on companies, it’s more important than ever to ensure that your needs are well catered for.
• Tailored Insurance Programmes – We tailor programmes that meet the specific needs of your company, from initial incorporation all the way through to large multinational corporate.
• Personal Service—As your dedicated partner, we are not a transactional broker but an advisor. 
• Dedicated Support – We are on hand to respond quickly to queries, arrange times to meet and provide you with dedicated contacts that you can use in emergencies. 
• Risk Management Guidance – Insurance (risk transfer) is the last pillar of the risk management tree, we can actively assist in guidance concerning risk identification, risk analysis, risk control and mitigation. As well as providing options for how you want to transfer the risk or how much of that risk you want to retain. 

What insurance does a Technology business need?

• Management Liability Insurance – Cover for allegations of wrongful acts made against directors (protecting their own personal assets) and the company, plus options to include employment related disputes and employee crime. 
• Cyber Insurance - Immediate incident response, system damage and reinstatement, business interruption, cybercrime (i.e. theft of funds), third party liability, notification expenses and brand protection.
• Intellectual Property Insurance – Cover for your defence costs and the costs to pursue third parties, as well as cover for the financial loss to your company stemming from the loss of IP rights.
• Liability Insurance - Including employers’ liability insurance, public liability and products liability (including any material, drug product, laboratory consumable or equipment).
• Asset Protection Insurance – Cover for your equipment (including specialist equipment), stock and buildings 
• Business Interruption Insurance - Cover for lost turnover, profit or R&D expenditure, R&D income, committed costs and project delay costs for pre-revenue companies due to your premises being damaged and becoming uninhabitable. 
• Professional Indemnity Insurance - Cover for your professional negligence (caused by an error or omission with your design, service or advice and an unintentional breach of contract).
• Marine Insurance – Cover to protect goods whilst in transit around the world, whether being sent or received. 
• Engineering Inspection & Insurance - Cover to meet your statutory inspection obligations under ‘PUWER 1998’ and ‘PSSR 2000’.

We can also arrange the following additional covers for you:

• Business Travel Insurance
• Transaction Liability (Warranties & Indemnities) Insurance
• Motor Fleet Insurance
• Employee Benefits Insurance 

Our approach:

• Review/Consultation – Please reach out for initial advice, we’d be delighted to arrange a meeting. At this stage we can develop an understanding of your business, assess your potential exposures, discuss your ongoing concerns.
• Tailor Programme & Negotiate with the Market – Once we have developed a knowledge of your business and understand your concerns, we enter the market and negotiate with well suited specialist insurers.
• Implementation – Once we have tailored your programme, we discuss our recommendation in depth with you, giving you the opportunity to build a deep understanding of what you are being covered for and why.
• Ongoing Support – We are here and on-hand to help, no question or query is too big or small.