Insurance requirements for w88 slot online contracts
Network Security/Privacy (Cyber) and w88 slot online Errors and Omissions (Tech E&O) coverage is required for contracts under ,000,000 at a minimum of ,000,000 limit per occurrence.
Higher limits will apply if the vendor is providing critical software/support to Nevada System of Higher Education (NSHE), the University of Nevada, Reno (UNR) or w88 slot online contracts exceed ,000,000. Insurance limits for these contracts shall be established and approved by the Risk Management office.
Vendors and/or its subcontractors at its sole cost agree to maintain the following w88 slot online coverage with w88 slot online carriers acceptable to Client at Client's sole discretion with a rating of no less than A-rated by Best’s w88 slot online Guide.
w88 slot online errors and omissions
Tech E&O applicable for w88 slot online insured, at a minimum, include (1) systems analysis (2) systems programming (3) data processing (4) systems integration (5) outsourcing including outsourcing development and design (6) systems design, consulting, development and modification (7) training w88 slot online relating to computer software or hardware (8) management, repair and maintenance of computer products, networks and systems (9) marketing, selling, servicing, distributing, installing and maintaining computer hardware or software (10) data entry, modification, verification, maintenance, storage, retrieval or preparation of data output, and any other w88 slot online provided by the vendor.
Tech E&O insurance should cover for liabilities and claim expenses arising from errors, omissions, or negligent acts in rendering or failing to render computer or information w88 slot online services and w88 slot online products; this coverage should also cover punitive damages, violation of software copyright, in rendering or failing to render all services and in the provision of all products in the performance of the Agreement, including the failure of products to perform the intended function or serve the intended purpose.
Network w88 slot online/privacy (cyber)
If Vendor's services provide direct access to the Nevada System of Higher Education (NSHE), University of Nevada, Reno (UNR) systems or holding sensitive information, including cloud-based, of the NSHE/UNR, then the Network Security/Privacy (Cyber) cover should be provided as a part of the w88 slot online E&O coverage:
- The cyber policy shall include coverage for loss, disclosure and theft of data in any form; media and content rights infringement and liability, including but not limited to, software copyright infringement; network security failure, including but not limited to, denial of service attacks and transmission of malicious code. Coverage shall include data breach regulatory fines and penalties, the cost of notifying individuals of a security or data breach, the cost of credit monitoring w88 slot online, and any other causally-related crisis management expense for up to one (1) year. Coverage shall contain severability for the insured organization for any intentional act exclusions. If this coverage is provided on a claims-made basis, then it must be maintained for a period of two (2) years after acceptance of the deliverables and/or w88 slot online provided in connection with this Agreement.
- Additionally, such policy shall cover consequential or vicarious liabilities, and w88 slot online Higher Education, University of Nevada, Reno shall be named as “Additional Insured,” with an amendment to allow “Additional Insured” to bring a claim against the Named Insured.
Insurance requirements for media-based w88 slot online
Media Liability w88 slot online is required for vendors providing content website design, social media, marketing, advertising, graphics, text, etc.)
Media Liability w88 slot online, including cover for intellectual property infringement, privacy infringement, plagiarism, advertising and content offenses and defamation, unauthorized disclosure of data, coverage for losses for direct or consequential and, punitive damages with limits of ,000,000.