General & Professional Liability Insurance

22 Jan 2007 - 2:13am
7 years ago
5 replies
691 reads
theomandel
2003

I’m an independent software usability consultant (sole proprietor, LLC).
One of my large clients requires me to have both General Liability and
Professional Liability Insurance in the amount of $1M each.

Any recommendations where to get this type of coverage for software
developers?

Theo Mandel, Ph.D.
Interface Design and Development, LLC
www.theomandel.com

Comments

22 Jan 2007 - 3:45am
DanP
2006

I've used "The Hartford" insurance with great success. Just google
"the Hartford Insurance) and go under Small Business. It's actually
not very expensive for that level of coverage (1M)

Good Luck,
-Dan

On Jan 21, 2007, at 11:13 PM, Theo Mandel, Ph.D. wrote:

> I’m an independent software usability consultant (sole proprietor,
> LLC).
> One of my large clients requires me to have both General Liability and
> Professional Liability Insurance in the amount of $1M each.
>
> Any recommendations where to get this type of coverage for software
> developers?
>
> Theo Mandel, Ph.D.
> Interface Design and Development, LLC
> www.theomandel.com
> ________________________________________________________________
> Welcome to the Interaction Design Association (IxDA)!
> To post to this list ....... discuss at ixda.org
> List Guidelines ............ http://listguide.ixda.org/
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22 Jan 2007 - 4:12pm
Barbara Ballard
2005

On 1/22/07, dnp607 <dnp607 at pacbell.net> wrote:
>
> I've used "The Hartford" insurance with great success. Just google
> "the Hartford Insurance) and go under Small Business. It's actually
> not very expensive for that level of coverage (1M)
>

I've done the same as 3 person company. The nicest thing about having
it is not protection from anything I might do wrong, but protection
from specious accusations.

As a side bar, in recent negotiations with a large client of mine,
they tried to apply the standard agreement for all vendors, large and
small, to me. I got them to get rid of drug testing requirements and
significant amounts of indemnification (no, I am not indemnifying
their customers ...); they also lowered the liability insurance
requirements from $5M to $3M (combined).

In short, it pays to negotiate.

--
Barbara Ballard
barbara at littlespringsdesign.com 1-785-838-3003

22 Jan 2007 - 4:35pm
leo.frishberg a...
2005

I second that emotion.

My partners and I still remember with fond amusement our successful
negotiations with a large financial institution in striking all
hold-harmless clauses, putting code in escrow and other important
protections (for them) that made no sense for the deal we were putting
together.

Everything is up for negotiation - just do it up front and in good
faith.

Leo

-----Original Message-----
From: discuss-bounces at lists.interactiondesigners.com
[mailto:discuss-bounces at lists.interactiondesigners.com] On Behalf Of
Barbara Ballard
Sent: Monday, January 22, 2007 1:12 PM

In short, it pays to negotiate.

--
Barbara Ballard

22 Jan 2007 - 6:41pm
Robert Hoekman, Jr.
2005

Can I ask why companies would require this (insurance)? Sorry if this seems
naive, but I don't understand why this would be necessary.

-r-

On 1/22/07, leo.frishberg at exgate.tek.com <leo.frishberg at exgate.tek.com>
wrote:
>
> I second that emotion.
>
> My partners and I still remember with fond amusement our successful
> negotiations with a large financial institution in striking all
> hold-harmless clauses, putting code in escrow and other important
> protections (for them) that made no sense for the deal we were putting
> together.
>
> Everything is up for negotiation - just do it up front and in good
> faith.
>
> Leo
>
> -----Original Message-----
> From: discuss-bounces at lists.interactiondesigners.com
> [mailto:discuss-bounces at lists.interactiondesigners.com] On Behalf Of
> Barbara Ballard
> Sent: Monday, January 22, 2007 1:12 PM
>
> In short, it pays to negotiate.
>
> --
> Barbara Ballard
>
> ________________________________________________________________
> Welcome to the Interaction Design Association (IxDA)!
> To post to this list ....... discuss at ixda.org
> List Guidelines ............ http://listguide.ixda.org/
> List Help .................. http://listhelp.ixda.org/
> (Un)Subscription Options ... http://subscription-options.ixda.org/
> Announcements List ......... http://subscribe-announce.ixda.org/
> Questions .................. lists at ixda.org
> Home ....................... http://ixda.org/
> Resource Library ........... http://resources.ixda.org
>

22 Jan 2007 - 8:18pm
gretchen anderson
2005

In my experience it's because they have a general stipulation for all
vendors. They want their contract manufacturers and window installers to
have it in case anything goes wrong.

One other negotiation tactic: I've gotten around it by billing my work
as "marketing" since they generally don't carry this stipulation for
their ad agencies.

That said, I've also had clients ask to be indemnified in case the
design sucked and no one bought the product. The Hartford agreed with me
that there isn't currently coverage for that type of event. New biz
oppty, anyone? ;)

-----Original Message-----
From: discuss-bounces at lists.interactiondesigners.com
[mailto:discuss-bounces at lists.interactiondesigners.com] On Behalf Of
Robert Hoekman, Jr.
Sent: Monday, January 22, 2007 3:42 PM
To: leo.frishberg at exgate.tek.com
Cc: discuss at lists.interactiondesigners.com
Subject: Re: [IxDA Discuss] General & Professional Liability Insurance

Can I ask why companies would require this (insurance)? Sorry if this
seems naive, but I don't understand why this would be necessary.

-r-

On 1/22/07, leo.frishberg at exgate.tek.com <leo.frishberg at exgate.tek.com>
wrote:
>
> I second that emotion.
>
> My partners and I still remember with fond amusement our successful
> negotiations with a large financial institution in striking all
> hold-harmless clauses, putting code in escrow and other important
> protections (for them) that made no sense for the deal we were putting

> together.
>
> Everything is up for negotiation - just do it up front and in good
> faith.
>
> Leo
>
> -----Original Message-----
> From: discuss-bounces at lists.interactiondesigners.com
> [mailto:discuss-bounces at lists.interactiondesigners.com] On Behalf Of
> Barbara Ballard
> Sent: Monday, January 22, 2007 1:12 PM
>
> In short, it pays to negotiate.
>
> --
> Barbara Ballard
>
> ________________________________________________________________
> Welcome to the Interaction Design Association (IxDA)!
> To post to this list ....... discuss at ixda.org List Guidelines
> ............ http://listguide.ixda.org/ List Help ..................
> http://listhelp.ixda.org/ (Un)Subscription Options ...
> http://subscription-options.ixda.org/
> Announcements List ......... http://subscribe-announce.ixda.org/
> Questions .................. lists at ixda.org Home
> ....................... http://ixda.org/ Resource Library ...........
> http://resources.ixda.org
>
________________________________________________________________
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