Liability Seal MansionTech OÜ, Tallinn
At You Work Life!, we specialize in connecting talented professionals with top-tier employers in the Austrian hospitality and gastronomy industry. Our mission is to streamline the recruitment process and ensure a smooth transition for candidates.
This page gives an overview of the selected insurance plan as well as general information on the scope of insurance under the Professional Indemnity for Digital Professions provided by the speciality insurer Markel se.
Website https://at.you-work.life/
Confirmation of the following insurance contract:
- participating in or carrying out business trips;
- participating in trade fairs, exhibitions or events;
- indirect exports of products or services to the USA or Canada.
Scope of Professional Indemnity Insurance for Digital Professions
Professional liability insurance for digital professions provides freelancers and companies in the IT, media or consulting sectors with comprehensive insurance cover if they cause financial damage to third parties in the course of their work. It includes, among other things, the following benefits:
All-risk cover (worldwide)
Professional indemnity insurance for digital professions is structured according to the ‘all-risk principle’. It insures freelancers, start-ups and companies against liability risks without having to 'catalogue' every single risk involved - worldwide.
Lump-sum compensation
The insurance also covers lump-sum compensation claims that are asserted on the basis of contractual agreements concerning breach of confidentiality.
Delay in performance
The insurance covers losses caused by delays to a project, including lost profits and wasted customer expenditures.
Completed projects also insured (pre-sale)
Professional liability insurance for digital professions also includes cover for completed projects. This means that assertion of a claim after the start of the insurance is insured if the activities causing the damage have already been carried out beforehand (without time limit).
Data breaches and cyber damage from third parties
The insurance covers damage caused, for example, by the unintentional disclosure of malware, the violation of data protection laws such as the GDPR and online third-party access to data (e.g. information piracy).
Overlapping activities also insured
Activities as an advertising agency/media agency as well as commercial and business consulting are also insured.
Your insurance details
Advantages for the client:
- Markel is an experienced and internationally active specialist insurer for IT risks with an excellent rating.
- Fast claims settlement
Professional liability: Insured risks
- Damage caused by faulty programming, IT consulting, organisation or training
- Damage caused by inadequately tested products and services
- Claims due to data protection violations, breaches of confidentiality and non-disclosure agreements
- Damage caused by faulty data acquisition, data processing and data storage
- Damage caused by poorly or incompletely fulfilled assignments. This consequential damage includes damages in lieu of performance!
- Damages due to non-fulfilment of a contractual obligation
- Damages due to delayed delivery or performance (missed deadline)
- Damages due to business interruptions at third parties
- Damages due to loss of turnover or profit of the customer
- Negligent transmission of viruses and other malware