It’s all well and good to know you have insurance cover if you’re sued by a client for an error contained in services you’ve provided. But what if you actually want to correct the mistake, before damaging your relationship with the client, through lawyers getting involved?

GSA (working closely with a major international insurer) set out to resolve this dilemma for IT professionals. The solution? We’ve developed a Loss Mitigation Cover as an addition to IT Liability insurance policies. This cover allows IT professionals to rectify the mistake before the lawyers get involved, with all reasonable costs being met by the insurer. The major qualifier for the Loss Mitigation Cover is that the IT professional satisfy the insurer’s risk management benchmarks.

To find out if Loss Mitigation Cover could benefit your business, contact me, Peter Hawke, on 02 8274 8102.