Global Industry Solution

Technology, Media & Telecommunications (TMT) Insurance

Few industries are moving faster than TMT. It is at the very heart of global innovation, driving technological, societal and economic progress. Opportunities are immense. Yet with such rapid pace of change come risks, complexity, heightened regulative scrutiny and increasingly global exposures.

At Allianz Global Corporate & Specialty (AGCS), we are here to support the TMT sector with an industry solution that moves with the market. By balancing our expertise in emerging and unique exposures with traditional risks, we’re able to provide bespoke, flexible policies that meet the needs of the moment.

We appreciate that every client and every claim is different. That’s why we have established a specialist team of risk consultants, underwriters and claims experts with industry understanding that are ready to discuss your pain points.

Our teams are located around the world, combining local service with global reach, and serving all types of TMT risk. Adopting a simple and transparent approach based on communication, our aim is to provide exemplary service through a single point of contact.

Benefits
Our strategy aligns with your innovation. As TMT companies continue to push the boundaries of what’s possible, AGCS moves with them, bringing transformative services, products and solutions to market.
  • Single point of contact: delivers quick and efficient results, straightforward explanations, no wasted time, no nonsense – for a smooth and successful partnership.
  • Holistic approach: our team of experts craft a variety of products for specialists in technology, media, telecommunications and more.
  • Strong client relationships: client-centric deal and servicing teams deliver sustainable solutions across geographies and risk.
  • Alternative Risk Transfer: tailor-made solutions for unique challenges that can be customized down to the finest detail, without the need for traditional business insurance.
  • Underwriting teams: with thorough industry expertise, our underwriters identify and develop solutions for each specific challenge.
  • Global claims experts: lead complex claims through a dedicated “single point of accountability” manager.
  • Risk consultant engineers: experienced specialists from a wide range of technical and scientific disciplines provide in-depth analysis.
  • Centrally coordinated global insurance programs: respond to cross-border exposures and regulatory/fiscal frameworks.
Risks covered
  • Hardware services (incl. manufacturing, semi- conductor, etc.)
  • Software & IT professional services
  • Data services
  • Media
  • Broadcasting
  • Social media
  • Telecom carriers
  • Network operators
  • Communications services providers
  • Virtual service providers
We offer a suite of financial lines insurance solutions designed to address the liabilities of companies, managers and professionals in today’s increasingly litigious and demanding business world. We pride ourselves on our flexibility, adjusting to the needs of our clients. 
AGCS has a long experience in protecting organizations against cyber crime and digital threats. We offer you a range of cyber insurance products ranging from specialist, standalone cyber insurance to dedicated cyber risk coverage in traditional property and casualty policies.
Alternative Risk Transfer (ART) - blended risk retention/transfer solutions which serve as an alternative to, or enhancement of, conventional commercial insurance - is growing in popularity as multinationals seek bespoke flexibility for an increasing array of risk scenarios.
Our Directors and Officers Liability (D&O) Insurance provides cover for company managers to protect themselves from claims made against them. We insure include prospectus liability and employment practices liability and can also reimburse the insured company.
AGCS specializes in corporate property insurance for the most complex and challenging risk exposures. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks' property damage and business interruption insurance through our global network.
Effective management of global risks is our core business. Our Allianz Multinational team provides a fully customized service responding to the cross-border exposures of our clients, while also taking into account the regulatory and fiscal framework in which you operate.

Allianz Risk Barometer

  1. Cyber incidents (50%) - 2022 rank: 1 (52%)
  2. Business interruption (42%) - 2022 rank: 2 (45%)
  3. New technologies (25%) - 2022 rank: 4 (20%)
The Allianz Group offers a wide range of products, services, and solutions in insurance and asset management and operates as an international insurer on almost every continent.
With our worldwide network, Allianz Global Corporate & Specialty (AGCS) is one of the very few global insurers with an exclusive focus on the needs of global corporate and specialty clients.