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Hiscox tackles technology claims with portfolio launch

A padlock on a hard drive representing cyber security

Hiscox has responded to the growing number of breach of contract technology claims by launching a new technology insurance portfolio.

The specialist insurer said the offering was designed to meet the needs of technology companies working in the likes of design and distribution, training and hardware assembly. 

The product also includes unrestricted breach of contract cover, which the insurer said was for "added convenience".

Matthew Webb, Hiscox technology head, said: "From contractual disputes to intellectual property infringement, things move at lightning speed in the technology industry.

"We have a deep understanding of the

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