Electronic Equipment Protection
Protects insured electronic equipment against sudden and unforeseen physical loss or damage, subject to applicable policy terms, conditions and exclusions.
Electronic Equipment
Protect Your Technology. Keep Your Business Connected.
Insurance that protects your computers, servers and electronic equipment against accidental damage, breakdown and loss, helping you avoid costly disruption.
Electronic Equipment Protection
Accidental Damage Coverage
Data And External Media Protection
Increased Cost of Working Options
Protection for Critical Technology
What Is Electronic Equipment?
Understanding Electronic Equipment
Electronic Equipment Insurance (EEI) protects electronic equipment against sudden, unforeseen loss or damage, covering repair or replacement costs and, where selected, data, external media and increased operating costs.
What Does It Cover?
- Sudden and unforeseen physical loss or damage to electronic equipment
- Computers, servers and other electronic systems
- Accidental damage arising from covered external or internal causes
- External data media and data-related risks, where selected
- Increased costs of working following insured damage
Example:
If a server or critical electronic system is damaged due to a covered accidental event, EEI can help cover the eligible repair or replacement cost. Where selected, additional cover may also respond to eligible costs incurred to continue operations while the damaged equipment is being restored.
Coverage Components
Comprehensive Protection At Every Level
Computers & IT Equipment
Protects specified computers, servers, workstations, networking equipment, and other IT infrastructure against covered accidental physical damage.
Communication & Electronic Systems
Can provide protection for specified communication systems, electronic installations, and specialised equipment used in business operations.
External Data Media
Where selected, protects specified external data media against covered physical loss or damage, subject to applicable policy conditions and limits.
Increased Cost of Working
Where selected, protects eligible additional expenditure to continue operations after insured damage to electronic equipment.
Data Reconstitution
Where covered, eligible costs of restoring or reconstructing data after insured physical damage to covered data media may be protected.
Additional Extensions
Depending on the equipment, additional extensions may be considered for specific exposures, subject to underwriting and policy wording.
Advisory Support
Protect Your Technology Before Risk Finds You
Electronic systems are critical to business. We structure EEI solutions around your equipment's type, value, usage and importance.
- 1.
Technology Risk Assessment & Needs Analysis
We understand your equipment, values, locations, usage and operational dependencies to identify appropriate protection.
- 2.
Policy Design & Placement
Our specialists structure suitable sums insured, deductibles and optional covers, and place the risk with appropriate insurers.
- 3.
Policy Documentation & Support
We coordinate policy documentation to ensure the insured equipment, values and coverage are accurately reflected.
- 4.
Dedicated Claims Advocacy
Our team supports the claims process from initial notification through documentation, survey coordination, assessment, and resolution.
- 5.
Annual Policy Review & Renewal
Regular reviews ensure changes in technology, equipment values and business needs are reflected in the insurance programme.
Ready To Explore Electronic Equipment?
Protect your critical electronic equipment with coverage designed around your technology and business requirements.
Frequently Asked Questions
Answers to Common Insurance Queries
Fixed electronic equipment such as computers, servers and specialised systems may require EEI, while portable equipment may fall under All Risk and machinery may be more appropriately addressed under MBD, depending on policy structure.
Rapid technological changes, replacement costs and specialised systems can create substantial valuation differences between historical acquisition cost and current replacement cost.
Equirus Raghnall reviews equipment categories, reinstatement values, locations, usage and existing policies to determine the appropriate allocation between EEI and other property covers.
The asset schedule is analysed item-by-item to distinguish portable equipment, fixed electronic systems, machinery and other property so that each exposure is placed under the most appropriate section.
