WTW's Differentiated Broking Solutions (DBS) brings together our deep industry and technical expertise as well as our extensive market relationships with top property & casualty insurers to deliver industry-tailored insurance solutions.
The T&T Industry Division DBS is designed to create a sustainable, competitive solution in order to provide best-in-class terms, identify emerging risks and adjust our offerings to coincide with the ever changing marketplace.
Overview
The Tech & Telecom Industry Division (T&T) DBS is designed to have a primary emphasis on clients in the following industries:
- Electronics, hardware and semiconductor
- Internet, data networking and telecom
- Media-print, media-broadcast and media advertising
- Software and tech services
DBS provides coverage for the core property & casualty lines of business:
- Property
- General liability
- Business auto
- Workers' compensation
- Umbrella
Contacts
Benefits
- Comprehensive pre-negotiated enhanced coverages
- Options to place coverage on a standalone basis, or in an expanded package/suite where appropriate
- Firm minimum service requirements
- Consistent, reliable program coverage
Coverage enhancements
DBS consistently delivers standardized elevated coverage to our clients. Below are just some of the many enriched coverages DBS provides.
- Extended notice of cancellation for all lines
- Blanket additional insured and blanket waiver on casualty lines
- Unintentional errors and omissions and broadened notice and knowledge of occurrence included on all lines
Property:
The T&T DBS provides increased property sub-limits including:
- $1M limit for contingent time element
- $100K limit for electronic vandalism
- $500K – $2.5M limit for miscellaneous unnamed locations
- $500K – $1M off-premises service interruption — direct damage including overhead transmission lines
- $100K supply chain disruption
- $50K technology service provider
- $250K spoilage - equipment breakdown per premises
Enhanced coverage endorsements for casualty lines including:
General Liability:
- Professional liability exclusion carve back for bodily injury/property damage
- Personal and advertising injury includes libel and slander
- Product recall expenses available upon request (typical limit $100K)
- General aggregate per location/per project
- Primary non-contributory included in general liability and incidental med mal
Auto:
- Minimum of $250 per disablement on towing and labor
- Employees as insured and employees hired autos
- Ability to negotiate higher CSL available
- Composite rating available for accounts with larger fleets
Workers' Compensation:
- Access to various deductible programs, as well as employee headcount rating structures
- Alternate employer endorsement
- Stop gap coverage
- Voluntary compensation
Umbrella:
- Up to $25M capacity
- Drop down over exhausted underlying aggregates
- Excess employee benefits liability coverage
- Pay on behalf coverage form
- Foreign and professional liability carve back for bodily injury and property damage included if applicable on underlying
Related services
Carriers
- Chubb
- CNA
- Hartford
- Liberty Mutual
- Travelers
- Zurich