Groupe Afer

IT and Multimedia

The AFER Group Ltd. has gained recognized expertise in the realm of consultants and service providers within the fields of information technology, multimedia, telecommunications, and software development, including software packages.

 

Couverture adéquate ou besion des des consultants et des prestataires de services liés aux technologies de l’information, au multimédia, aux télécommunications et au développement de logiciels et de progiciels avec groupe afer ltée, un acteur majeur des compagnies financières et d'assurance à Montréal, Québec, Canada.

We have the solution !

Get yourself adequate coverage

We provide comprehensive coverage for a diverse array of technology, media, and professional companies. Businesses in the information technology and multimedia sectors contend with a constant array of risks. As the technology and media industry continues to evolve, new legal challenges emerge.

Insurance policies created to address risks within the information technology and multimedia sector were formulated during a period when predicting their evolution was challenging. Consequently, the products presently accessible in the market may no longer fully meet the distinctive requirements of this sector. That's why, at AFER Group Ltd., we provide specialized insurance policies meticulously tailored to ensure you receive comprehensive coverage.

 

Compétences clés

We have identified solutions to specific shortcomings; here are a few examples:

  • Software can be viewed as both a product and a service. Our assurances against product-related risks and errors and omissions have been custom-designed to prevent any potential issues.
  • Business interruption coverage considers the risks associated with project completion delays, delays in milestone payments, or losses incurred due to the interruption of research and development projects—areas not typically covered by conventional policies.
  • We deliberately avoid incorporating standard "technology and multimedia services" definitions found in insurance policies, as this approach does not impose significant limitations on the coverage scope. Instead, we prefer to allow the managed company to define the activities that hold importance to them.

Termination of contract

A significant portion of errors and omissions claims made against IT-focused companies pertains to contract termination issues. Therefore, it's crucial that this coverage is clearly and unambiguously defined.

  • Numerous insurance policies do provide coverage for contract termination, but they often include exclusions or conditions related to contractual liability.
  • We can offer a clear and specific guarantee that covers contract termination with a customer.
  • We can offer insurance policies that do not include exclusions or conditions related to contractual liability.

 

We recognize that IT and multimedia companies seek a straightforward and efficient means to secure comprehensive insurance. That's why they'll value the services that Le Groupe AFER Ltée is prepared to provide.

Whether you are a start-up or a well-established firm, The AFER Group can tailor a program for the risk management you require. If your company is among the emerging businesses, our specialists are well-informed and capable of identifying and adequately covering risks both now and in the future.