Management and Technology Liability

Aspen underwrites a wide and varied portfolio of Management and Technology Liability products within the broad arena our Financial, Executive and Professional Lines practice. Working with brokers and clients in London, Europe, North America, South America and Asia Pacific we offer innovative protection and flexible risk  management solutions for directors and officers liability, mergers and acquisitions, and internet and technology liability. We work closely with global experts to ensure that our clients benefit from the most tailored and contemporary protection available coupled with a proactive and inclusive approach to claims management.

Products

At Aspen, we provide a diverse and comprehensive range of products to select clients in Management and Technology Liability. Our range of products, offered through our team in London or via our global partners, includes the following:

• Directors and Officers Liability
• Public Offering of Securities Insurance (POSI)
• Independent Directors Liability
• Side A only Directors Liability, including DIC
• Public Officials Liability
• Individual Directors Liability
• Partnership Liability
• Warranty and Indemnity/Reps and Warranty Insurance
• Tax Opinion Liability
• Network Security Liability
• Privacy Breach Liability
• Technology Liability
• Media and Copyright Infringement Liability
• Identity Theft Liability
• Risk Transfer Warranty Programs for:
  - PCI Compliance
  - HIPAA Compliance
  - Identity Theft/Card Programs.

Risk management

Through our network of global partners, we utilize expertise in the fields of privacy law, network security, corporate and securities law and tax to complement our tailored product offerings. However, prudent client selection and flexible approach to coverage mean that we need to engage with outside experts to establish "best of breed" risk management. We believe that our clients should benefit from this approach just as much as we do; risk and claims management should be part of an inclusive process and are as relevant to the insurance paradigm as coverage and premium.

Claims management

We understand that to the directors we insure, the most important asset is reputation; the directors that sit on the boards of publicly listed companies around the world value immediate, knowledgeable and empathetic intervention on their behalf; and technology companies value their reputation and customers in the dynamic and evolving world of Web 2.0.

This is why our claims management function is at the forefront of our service. We understand that claims management should be a collaborative exercise, not an adversarial one. Our internal counsel, along with our external partners, believe that in any claims management scenario the Insured's reputation is integral to a successful claim settlement. So that there are no surprises, we work with our clients during the initial risk management stage. This enables us to agree a claim management strategy from the initial notification so that our clients' interests are protected in the most efficient manner possible.

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