Unique cover for a unique industry.
The digital world has grown exponentially to become such an integral part of people’s everyday lives that the average adult spends more than 20 hours online a week*. The internet has revolutionised the marketing industry – brands are not only competing with rivals but with the entire internet for people’s attention. Agencies are now fusing creative thinking with the latest technology to deliver truly memorable campaigns.
*Source: https://www.ofcom.org.uk (external link)
But being at the cutting edge brings new risks for marketers, from a new website that doesn’t work properly, to a dispute with a client over a paid search campaign’s effectiveness. Hiscox are the first insurer to have created a specific professional indemnity policy for marketing agencies working in the digital world.
Who is this product for?
Your clients may need this insurance if they:
- Provide marketing services or advice using digital technologies including SEO, PPC or digital advertising
- Design or build websites or mobile apps
- Manage social media accounts or websites for clients
- Offer analytics or insight into digital marketing performance
- Enter into contracts to provide services to third parties, especially large well-known corporations
- Have access to personal data or confidential corporate information.
Why choose Hiscox?
- Explicit cover for digital services
Special cover for a wide range of services, including SEO, PPC, website and app builds, digital advertising as standard. - Breach of confidentiality including liquidated damages
Broad cover for contractual liability, including amounts agreed in the contract between the insured and their client in the event of a specific breach of such contract, provided it represents a fair and reasonable pre-estimate of loss. - We also offer the following cover as standard:
Breach of contract, rectification costs, payments towards outstanding fees, intellectual property and breach of privacy/confidentiality. See the full breakdown