Lake Saint Louis, MO (PRWEB) March 8, 2011
Think of how people keep in touch with each other in 2011 in their personal and professional lives. Modern communication essentially requires that companies utilize the Internet and other electronic to effectively communicate. With the growing number of mobile applications for smart phones, laptops and other devices, it’s likely that electronic communications will continue to increase. To make their messages stand out in a cluttered electronic environment, companies often use fancy, eye-catching graphics or 3D elements to make a professional campaign more effective. But each of these actions paves the way for many opportunities to unknowingly infringe on the rights of others, and can be a very serious (and costly) problem if a business is not properly insured. To educate the insurance industry about the risks many companies face, Stuckey & Company is offering a free webinar to commercial lines insurance agents on Thursday, March 10, 2011 at 2:00 pm CST.
Electronic Media Liability services are typically not described on professional liability insurance policies as a covered service. Companies without adequate coverage can be held liable for unwittingly publishing defamatory comments or content that infringes on copyrights or trademarks – even though they did not create the offending content. Media companies, Internet service providers and all types of technology companies are especially at risk, according to Maggie Hammett, Lead Underwriter at Stuckey & Company.
“For media and technology companies that conduct so much of their business across the Internet, the risks of unprotected liabilities are significant,” says Hammett. “Our specialized Electronic Media Liability Insurance gives these companies coverage for electronic publishing, web casting, or other distribution of electronic content on the Internet.” Coverage includes copyright, domain name, trademark, trade name, trade dress, service mark, service name, title and slogan. Stuckey’s coverage also allows the option to include first-party network operations security coverage. “This coverage gives added protection against unauthorized access, unauthorized use or a denial of service attack to the insured’s computer system,” Hammett says.
Stuckey & Company’s Electronic Media Liability coverage goes beyond standard personal injury coverage. The policy forms now offer five key areas of protection:
1. Defamation: Any form of defamation or other tort related to the disparagement or harm to the reputation or character of any person or organization, including: libel, slander, product disparagement, trade libel, infliction of emotional distress, mental anguish, outrage, outrageous conduct.
2. Right to privacy: Invasion, infringement or interference with the right to privacy or publicity, including: false light, public disclosure of private facts, intrusion and commercial appropriation of a name, persona or likeness.
3. Plagiarism/Piracy: Plagiarism, piracy or the misappropriation or unauthorized use of advertising ideas, advertising material, titles, literary or artistic formats, styles or performances.
4. Copyright Infringement: infringement of copyright, domain name, trademark, trade dress, title, slogan, service mark, service name.
5. Negligence: negligence with respect to the insured’s creation or dissemination of electronic content.
To sign up for the webinar, interested agents should pre-register at https://www3.gotomeeting.com/register/697984358.
Stuckey’s Tek Division is focused on small to mid-sized technology accounts and offers low minimum premiums starting at $1,000 for a $1,000,000 limit. New rating factors for individual risk characteristics are also available. Visit http://www.stuckey.com/products/tek for business insurance quotes and a complete list of eligibility.
About Stuckey & Company
Stuckey & Company is a specialty insurance provider based in Lake St. Louis, Missouri. For 20 years, Stuckey has offered commercial, professional and personal lines of insurance. Stuckey & Company’s network of more than 8,000 licensed agents has the knowledge and experience in dealing with specific coverage not typically covered under standard policies. As one of the fastest-growing specialty insurance providers in the U.S., Stuckey & Company offers E&O coverage to over 300 classes in sectors that include technology and IT consulting, accounting and financial services, government services, media, laboratories and education. Coverage limits are available for many risks up to $5 million. The company also offers a variety of standard policies. For information on any of the Tek Division programs from Stuckey & Company, call 1-800-828-3452 and ask for Dwight Stuckey.