Robert J. Scott to Present “Insurance Requirement Provisions in Technology Contracts”
The 90-minute interactive CLE webinar will provide guidance to business and technology counsel for drafting insurance requirement provisions in technology contracts. The speaker will discuss how to negotiate the appropriate type and amount of insurance coverage--from commercial general liability to cyber liability to umbrella polices--to properly allocate and mitigate risk when contracting for IT services or software development.
"Insurance is one of the most overlooked aspects of a technology contract, leaving customers vulnerable to uninsured risks. Contracts for IT services or software development should require one or both parties to purchase minimum levels of insurance to cover the risk of reasonably foreseeable losses," said
There are several different types of insurance contracting parties should consider when negotiating technology contracts, including commercial general liability, E&O coverage, automobile liability, cyber liability and more. Counsel must understand the different types of insurance appropriate for various scenarios, how each provision works within the contract, and when and how to negotiate individual and aggregate limits based on the types of risks involved.
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Read the full story at http://www.prweb.com/releases/2017/10/prweb14760957.htm
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