Oval Technology & TelecommunicationsOval Technology & Telecommunications

Insurance solutions with extra byte

Insight. Service. Performance.

Specialist risk and business insurance solutions for the technology & telecommunications sectors

In a digital world underpinned by electronic infrastructure, one of the biggest risks modern business faces is disruption, for any reason, of the infrastructure we depend on. The causes of disruption are evolving, from traditional threats of fire, theft and weather to virtual threats like hack attacks, viruses and digital espionage. Whatever the cause, all lead to downtime and have a direct effect on cash flow and profitability. Other threats to a company’s bottom line include failure to meet the terms of a contract, theft of intellectual property and breach of privacy. While some of these perils have a direct impact on revenue, others, such as reputational damage, manifest themselves indirectly – for example through lost sales or a drop in share price.

Within your industry, you’ll recognise these threats as serious and real – to your business and to those of your customers. Whether you’re in hardware, software, managed services, connectivity or telecommunications, how do you best mitigate these risks? How do you manage the financial damage done through loss of business, reputation, customers, contracts, services or resources? By choosing the right insurance broking partner: one with the skills, service capability and experience to make sure your insurance programme is tailored to your requirements.

At Oval Insurance Broking (Oval), you’ll find a dedicated team with a proven industry track record that understands the risk and insurance needs of your sector. Whether you are privately owned, a start-up or a multi-national listed IT company, we appreciate the nuances of your risk management needs – needs that all point towards one goal: the high performance and intelligent protection of your assets, revenue, profitability and continuity.

In addition to our own in-house risk and insurance experts, we also work with key partners such as law firms, security consultants, PR companies and risk managers. We not only help offer advice on reducing the likelihood of an incident, but also help to minimise the wider impact on your business should one occur. That’s not all: through these key partners we also have access to a wide range of value-added services that span network security testing, supplier/customer contract reviews, reputation management and an expert legal helpline.

Protecting your business is more than just insuring your physical assets. It’s also about defending the intangibles such as your brand, your reputation, your intellectual property and your pipeline. It’s good to know you can rely on an insurance partner who sees all risks through your eyes.

Welcome to Oval: providing your safety netAt Oval we have the practical and intellectual expertise that has made us the insurance partner of choice for many of the UK’s leading technology & telecommunications businesses. This enables us to provide industry-specific risk protection solutions that mitigate losses whilst managing your budget expectations.

Our clients range from physical asset manufacturers to suppliers of virtual services and every combination in between, for example:

• Providersofmanagedservices,cloudapplicationsand data centres

• Maintenance,service,installationandsupportproviders

• Consultancyservices,forensicorganisations and security

• Webdesign,hostingandwebservices• ManufacturersandresellersofIThardware• Telecommunicationservices,integrationandsupply• Softwareandgamesdevelopers• Socialmediaorganisationsandapplication

development• eTailers,PCIandpaymentcollection• Remotegamingandgambling• Awiderangeofsupportandancillaryservices

including outsourcing and facilities management

Your risk is our businessWith many years experience, we are able to offer a range of industry specific insurance solutions addressing issues including:

• Contractualdisputeswithcustomers,suppliersand third parties

• Defendingthebrandandthevalueofareputation• Protectingintellectualpropertyassetsandresearch&

development pipelines• Nonphysicallossordamagetointangibleassets,such

as systems, customer data or software• Thefinancialimplicationsofsystemdowntimeandits

impact on profit• Databreachandthecostimplicationstoabusiness

Protecting your domainYou’ll find all the specialist risk management solutions and services you need to help keep your business in business from a specialist team, under one roof. Our approach is geared around:

• Experienced,knowledgeablepeople: a partner you can trust, who understands your sector and the challenges you face every day

• Fast,expertproblemsolving: a local, face to face service from a team who are always ready to help

• Accesstospecialistinsurers: we work with the leading specialist insurers and proactively develop bespoke covers and policies that address the emerging risks you face

• Rightcover,rightprice: we use our negotiating strength and reputation with insurers to deliver precise cover designed to meet your needs at a competitive price

• Addedvaluespecialistservices: we work with carefully selected partners with first rate reputations in the technology & telecommunications sectors to deliver value for money services relevant to your business, for example providing a legal helpline, forensic services and crisis response

Insight.Service.Performance.Oval is leading the charge in providing innovative risk and insurance solutions to the UK technology & telecommunications sectors. We are respected, lead-participants across a wide range of stakeholder groups in the sector, helping drive best practice and innovation. Above all, we invest in our people. We have drawn together experienced, high calibre professionals who blend the advisory, administration, technical and listening skills essential to delivering the exceptional levels of insight, service, continuity, agility and pitch-perfect performance you demand.

Importantly, we keep workloads manageable to ensure that our people have the time and scope to stay close to your needs, develop our relationship and deliver the high service standards and innovation you expect.

• Access to specialist insurers: we work with the leading specialist insurers and proactively develop bespoke covers and policies that address the emerging risks you face

www.theovalgroup.com

Would you like to talk?If you have any questions or would like to explore how you can make your insurance work harder for your organisation, we’re here to help.

CallRichardHodson,HeadofTechnology,Media&Entertainmenton:020 7422 0193

Or drop him an email at:richard.hodson@theovalgroup.com

AboutusThe Oval group is a leading UK risk, insurance broking, healthcare and financial services advisory group. With offices across the country, we are the specialist risk management partner of choice for thousands of businesses and individuals across a range of disciplines and industry sectors.

From general liability to sector-specific insurance requirements, the strength of Oval Insurance Broking Limited lies in designing bespoke, dynamic and keenly competitive risk solutions that fit your needs exactly. Our skilled specialists take the time to understand those needs, simplifying risk to deliver a consistently innovative, high standard and high performance service that adds value, capability, agility and competitive edge to your business – right when you need it most.

For more information, visit us at: www.theovalgroup.com

Oval Insurance Broking LimitedRegistered Office: 9 South Parade,Wakefield, WF1 1LR

RegisteredinEnglandNo:01195184Authorised and regulated by theFinancial Services Authority.

www.theovalgroup.com

Insight. Service. Performance.