International Association of Information Technology Asset Managers, Inc. (IAITAM) is proud to offer IAITAM members exclusive access to its IAITAM IT Asset Insurance Program (the Program). The Program is underwritten by an “A+” rated London market as well as an “A” rated US insurer.  Both insurance products within the Program are exclusively brokered by Willis  HRH; the North American arm of Willis Group Holdings Ltd. Willis is the third largest broker in the world and has over  210 office locations in North America.

IAITAM Information Asset Insurance Agreement  This insurance product provides comprehensive business interruption and data restoration coverage for members who sustain a loss or corruption of data arising out of a variety of causes, including:  network security breach, accidental damage, third-party sabotage, or natural disaster.  The key difference between this insurance agreement and other property loss insurance agreements is that there is no need to demonstrate damage to any physical property in order to be reimbursed.  In this unique offering available exclusively to IAITAM members, the sole covered property is the intangible data of a company. In order to view the IAITAM Information Asset Insurance Agreement Application, you must log in to the member's side of the website.

Brokered by: 100 Park Avenue New York, NY 10017 Phone: 212-907-5934 E-mail: paul.paray@willis.com

IAITAM Software Protection Insurance Agreement  This insurance product provides comprehensive copyright, trademark, and database rights infringement coverage for members faced with infringement claims based on their internal use of software – the sort of claims routinely brought by software publishers or the BSA and SIIA on behalf of software vendors.  This comprehensive insurance agreement also provides coverage for open source usage, which may be a growing concern to companies on the heels of the Jacobsen v. Katzer, No. 06-CV-1905 (Fed. Cir. August 13, 2008) decision defending the rights of open source copyright owners. In order to view the IAITAM Software Protection Insurance Agreement Application, you must log in to the member's side of the website.

Both of these innovative insurance products are designed to provide comprehensive coverage for the everyday IT failure and software compliance risks your business faces, including: Copyright or trademark infringement claims arising from the internal use of software Legal expense to defend against a software audit Loss of income due to business interruption when caused by lost or damaged data arising from a network security breach, accidental damage, third-party sabotage, or natural disaster Clean up and forensics of computer operations due to data corruption or loss Costs to restore damaged business data and computer systems Crisis management expenses related to an IT systems failure incident