Evaluating insurance risk in the communications, media, and technology industry

31 January 2021

In communications, media, and technology (CMT) companies, multiple client business functions rely on the consulting services you provide. Risk management can be challenging simply because the stakes are so high. Success in the industry depends on your ability to seize opportunities afforded by innovation in a rapidly changing marketplace, while efficiently managing the risks.

Fret not; to deal with these heightened risks the right tools, analytics, and insights can help you protect your business. At Unison, we help you understand and manage the risks using industry-leading risk assessment tools, data, analytics, and technology.

Here’s how Unison’s solutions can help you navigate the inherent risks of the industry.

Software and IT Services

In software and information technology (IT) services, risk challenges are omnipresent in multiple areas, including technology errors and omissions (E&O), management/directors and officers’ liability, property damage, business interruption, and mergers and acquisitions.

We help you tackle these risks through:

  • Industry diagnostics.
  • E&O advisory.
  • Property advisory.
  • Management liability advisory.
  • M&A and capital market solutions.
  • Multinational advisory.

The most common risks in the media industry are legal liability (libel, slander, copyright infringement, etc.), data security and cyber privacy, and business interruption/loss caused by equipment or other property damage.

We help you manage these risks by,

  • Errors and omissions (E&O) advisory;
  • Property advisory;
  • Management liability advisory; and
  • Mergers and acquisitions and capital market solutions.
Communication Services

The communications services industry is characterized by robust competition, vast infrastructure requirements, and very short turnaround times for identifying threats and assessing and mitigating their associated risks in order to minimize network downtime. We help you mitigate these risks through,

  • Property advisory;
  • Technology errors and omissions (E&O) advisory;
  • Workers’ compensation claims advisory;
  • Management liability advisory; and
  • Mergers and acquisitions and capital market solutions.

At Unison, our team of experts help you overcome the complex risks inherent in your business. We analyse your risks, quantify and prioritize exposures, then customize coverage as per your organization’s unique risk profile.