The telecommunications industry is transforming with new laws in Canada, USA and Europe that limit telecommunications regulation and encourage competition.
As telecommunications companies are embrace new technologies and services that take them into uncharted legal waters. These changes expose providers to liability for service, as well as consequential damages.
Agreements between telecommunications service providers and their customers will attempt to limit liability only for failure to provide services. Will these agreements hold up in court?
It is important to consider Errors & omissions insurance that protects you from claim damages arising out of your failure to perform or provide a wide variety of telecommunications services.
Errors & omissions insurance that provides defense and indemnity for suits alleging damages because of the theft, distortion, manipulation or loss of customer data by a hacker
Intellectual property insurance provides defense and indemnity for suits alleging infringement of copyright, title, trademark, slogan, trade dress, service mark or service name (including defense for injunctive relief actions) by or on behalf of the insured.
Convergence
As content flows across multiple media platforms such as Video On Demand ,Interactive TV, Internet web sites, Wireless/Mobile phones/Mobile TV.
The world of broadcasters is rapidly changing in technology, culture and audiences
It is crucial to develop risk management programs that address the potential loss exposures that convergence brings
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