Global CompanionSM Plus+ for Technology Companies
As technology companies expand, so do their global exposures. Overseas markets bring new customers, new opportunities and of course - new risks:
-
An employee might be injured while traveling abroad for business
-
A foreign manufacturer might sue for a defective part your company supplied
-
Office equipment can be damaged in a fire at the European sales office
Many traditional business insurance policies stop short of providing adequate coverage abroad. Fortunately, Travelers offers a full line of global insurance coverage and services available to technology companies including:
-
General liability (including financial interest, tax Liability, and crisis management)
-
Property
-
Auto (DIC/excess liability)
-
Foreign Voluntary Workers Compensation (including emergency evacuation & repatriation)
-
Employers liability
-
Accidental death and dismemberment
-
Kidnap and ransom
-
Global panel counsel services
-
Global executive support services
Transforming today’s supply chains
Almost every technology company today is vulnerable to supply chain disruptions. If you are implementing advanced technologies to address supply chain inefficiencies, consider the importance of understanding and planning for the associated risks.
(DESCRIPTION)
Travelers Logo. Title: Transforming Today’s Global Supply Chains
(SPEECH) [MUSIC PLAYING]
Supply chain disruptions continue to impact today’s technology companies.
(DESCRIPTION)
Images depicting different channels of supply chains begin to appear on screen.
(SPEECH)
Global shortages of critical materials and components have exposed supply chain weaknesses and accelerated the adoption of advanced technologies, such as additive manufacturing, automated facilities, drones and digitization.
(DESCRIPTION)
Robots move materials through a warehouse.
(SPEECH)
These solutions can transform supply chain management, reducing inefficiencies and increasing speed to market. Successfully integrating them into your operations requires a plan to address potential risks.
If you are turning to additive manufacturing to create products faster, consider developing a robust product testing program to minimize product defects.
(DESCRIPTION)
Individuals test a product; a 3D printer creates a component.
(SPEECH)
Automated facilities, drones and tracking devices call for implementing proper safety protocols designed to reduce risks.
(DESCRIPTION)
Robotic tracking devices move around on a warehouse floor, workers in PPE monitor machines in a manufacturing facility.
(SPEECH)
Real-time, end-to-end visibility requires digitizing your supply chain ecosystem and incorporating the necessary IT security measures to protect the data generated across your interconnected global networks.
(DESCRIPTION)
Individuals at various computer stations, an image of a globe with lines connecting countries.
(SPEECH)
As you grow your global operations, you may find yourself vulnerable to supply chain disruptions. Including insurance is an important asset in managing risk.
Ask your agent or a Travelers representative about Travelers’ Global CompanionSM Plus+ policy for global coverage solutions and more.
(DESCRIPTION)
Learn more ways to cover your global risks. Visit travelers.com/global
[MUSIC PLAYING] (DESCRIPTION)
Travelers Logo. It’s better under the umbrella®.
Some footage was filmed before the Covid-19 pandemic.
Small Tech
Small business technology services industry insurance
Travelers also offers small business solutions to help you protect and grow your business.
Technology and Life Sciences claim scenarios
Related services
Risk Control
With more than a century of expertise and more than 500 Risk Control consultants, Travelers has the experience and technical proficiency to help businesses manage their risks.
Claim
Our knowledgeable Claim professionals will respond to your needs with speed, compassion, integrity and professionalism. It's our business to help keep you in business.