Technology, Media & Telecommunications (TMT) Insurance
Few industries are moving faster than TMT. It is at the very heart of global innovation, driving technological, societal and economic progress. Opportunities are immense. Yet with such rapid pace of change come risks, complexity, heightened regulative scrutiny and increasingly global exposures.
At Allianz Commercial, we are here to support the TMT sector with an industry solution that moves with the market. By balancing our expertise in emerging and unique exposures with traditional risks, we’re able to provide bespoke, flexible policies that meet the needs of the moment.
We appreciate that every client and every claim is different. That’s why we have established a specialist team of risk consultants, underwriters and claims experts with industry understanding that are ready to discuss your pain points.
Our teams are located around the world, combining local service with global reach, and serving all types of TMT risk. Adopting a simple and transparent approach based on communication, our aim is to provide exemplary service through a single point of contact.
Technology, Media and Telecommunications (TMT) Insurance
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Benefits
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Risks covered
- Single point of contact: delivers quick and efficient results, straightforward explanations, no wasted time, no nonsense – for a smooth and successful partnership.
- Holistic approach: our team of experts craft a variety of products for specialists in technology, media, telecommunications and more.
- Strong client relationships: client-centric deal and servicing teams deliver sustainable solutions across geographies and risk.
- Alternative Risk Transfer: tailor-made solutions for unique challenges that can be customized down to the finest detail, without the need for traditional business insurance.
- Underwriting teams: with thorough industry expertise, our underwriters identify and develop solutions for each specific challenge.
- Global claims experts: lead complex claims through a dedicated “single point of accountability” manager.
- Risk consultant engineers: experienced specialists from a wide range of technical and scientific disciplines provide in-depth analysis.
- Centrally coordinated global insurance programs: respond to cross-border exposures and regulatory/fiscal frameworks.
Our appetite in technology
- Hardware services (incl. manufacturing, semi- conductor, etc.)
- Software & IT professional services
- Data services
Our appetite in media
- Media
- Broadcasting
- Social media
Our appetite in telecommunications
- Telecom carriers
- Network operators
- Communications services providers
- Virtual service providers
Related information
Financial Lines
Insurance
Alternative Risk
Transfer
Directors and Officers (D&O) Insurance
Top 3 risks in Technology in 2024
1. Cyber incidents (54%) - 2023 rank: 1 (50%)
2. New technologies (35%) - 2023 rank: 3 (25%)
3. Business interruption (33%) - 2023 rank: 2 (42%)