Advanced Technology | Axis Insurance

01 | SECTORIS & SPECIALIST SOLUTIONS

Sector knowledge. Specialist solutions.

Your risk profile depends on what your technology does, how it is delivered and the commitments you make.

Artificial Intelligence

AI Performance, Data Use and Liability.

Developing, integrating or deploying AI can create risk around model outputs, the data used and how customers rely on the system. An inaccurate result, privacy incident or disputed data right can lead to financial loss and liability claims.

What Shapes your Risk

  • Model outputs, performance and customer reliance
  • Data rights, privacy and intellectual property
  • Contractual liability and financial loss

HOW AXIS HELPS

We review your AI use, customer contracts and documented controls against technology E&O, cyber and liability options. You gain a clearer view of relevant policy terms, material exclusions and the responsibilities your business retains.

SAAS & SOFTWARE

Service failures, cyber risk and customer claims.

Your customers depend on software availability, security and performance. A service outage, data breach or failed implementation can lead to recovery costs, lost revenue and customer claims, particularly where your contracts include service commitments and indemnities.

What Shapes your Risk

  • Service availability and implementation failures
  • Data security, privacy and critical vendors
  • Customer indemnities, liability caps and insurance requirements

HOW AXIS HELPS

We compare customer and supplier obligations with technology E&O and cyber terms, including limits, exclusions and contractual liability provisions. This helps you assess how the program may respond to service failures and where customer commitments exceed available protection.

ROBOTICS & AUTONOMY

Liability When Autonomous Systems Fail.

When a robotic or autonomous system fails, the consequences can include injury, property damage and interrupted operations. Responsibility may sit across the developer, hardware manufacturer, integrator and operator, making the allocation of liability a central insurance question.

What Shapes your Risk

  • Bodily injury, property damage and product performance
  • Software, sensor and cyber-related failures
  • Liability across developers, integrators and operators

HOW AXIS HELPS

We assess product liability, technology E&O, cyber and property options together. By examining deployment conditions and contractual responsibilities, we help identify potential gaps between policies and clarify how hardware, software and cyber losses may be addressed.

Blockchain & digital assets

Cyber Risk, Service Liability and Mining Downtime.

Blockchain developers, service providers and crypto miners face different loss scenarios. A coding error can trigger customer claims, a cyber event can compromise operations or assets, and equipment failure can interrupt mining revenue.

What Shapes your Risk

  • Code errors, cyber incidents and customer claims
  • Mining equipment, power dependencies and downtime
  • Digital asset custody and private key controls

HOW AXIS HELPS

We assess property and equipment breakdown options for mining operations, and technology E&O and cyber options for blockchain services. Where you hold customer assets or control private keys, we examine available specialist options, insurer requirements and exclusions.

ADVANCED MANUFACTURING

Equipment failure and production interruption.

Advanced manufacturing relies on specialist machinery, connected systems and critical suppliers. A breakdown, cyber event or defective component can stop production, delay deliveries and create customer claims, with the financial impact shaped by recovery time and contractual obligations.

What Shapes your Risk

  • Machinery breakdown and production downtime
  • Critical suppliers, connected systems and recovery time
  • Defective products and customer liability

HOW AXIS HELPS

We review property, equipment breakdown, business interruption, cyber and product liability options against your production process. We examine the events covered, recovery periods and any supplier extensions so you can assess potential protection for lost output and delivery disruption.

CLEAN TECHNOLOGY

Performance commitments and project delivery risk.

Clean technology businesses face risk as products move from testing into installations and commercial use. Equipment damage, installation errors or failure to meet promised performance can delay projects, interrupt operations and trigger customer claims.

What Shapes your Risk

  • Installation responsibilities and performance commitments
  • Equipment damage, project delays and operational downtime
  • Product liability and intellectual property disputes

HOW AXIS HELPS

We assess property, equipment breakdown, product liability and professional liability options against the technology and its deployment. Where intellectual property is central to the business, we also explore specialist IP options, helping you distinguish available protection from performance obligations retained in your contracts.

SPECIALIST SOLUTION

Defend your technology. Protect its value.

An infringement allegation or a dispute over rights can place material costs on your business. Explore specialist defence and enforcement options alongside the obligations in your customer and licensing agreements.

What Shapes your Risk

  • Infringement allegations and defence costs
  • IP indemnities in customer contracts
  • Ownership, licensing and enforcement decisions

HOW AXIS HELPS

Axis examines the rights, activities and contractual commitments in scope, then explores available terms and identifies questions for management and counsel. Defence and enforcement are distinct covers; eligibility and terms vary.

SPECIALIST SOLUTION

Cyber risk. Operational resilience.

A cyber event can affect your systems, revenue and obligations to others. Compare incident response, interruption and liability protection with the way your business operates.

What Shapes your Risk

  • Incident response and notification requirements
  • Recovery time and critical service providers
  • Fraud, customer obligations and liability

HOW AXIS HELPS

Axis reviews the operating dependencies, available wording, limits and retentions, and the reporting conditions that matter when an incident occurs. Crime and digital-asset losses need their own review.

02 | A CLEARER RISK POSITION

Understand the
exposure.
Assess the protection.

A customer agreement, product launch or acquisition can change your obligations and financial exposure.

We review those changes against your controls and insurance program, identifying relevant coverage, material restrictions and exposure that remains with your business.


Specialist advice.
Global Reach.

Axis Insurance Managers Inc. is a Canadian insurance brokerage serving businesses worldwide. Our advanced technology practice combines specialist insurance placement with structured risk assessment, contract and coverage alignment, and advice throughout the policy year. We help businesses turn their controls, commercial commitments and growth plans into a clear insurance strategy.

IREN

On Clive Bird’s expertise

“His insight, technical strength, and ability to translate complex risk into clear, actionable advice have made him a key contributor to our decision-making.”

Sahil Choujar
Head of Risk & Compliance, IREN

01

Make Informed Commitments

Review indemnities, liability caps and insurance requirements alongside the coverage that may support them.

02

Understand Your Financial Exposure

Compare limits, retentions and wording against your contracts, operations and relevant loss scenarios

03

Prepare For What Changes Next

Revisit protection as products, markets and business relationships evolve, with practical priorities for improvement.

Industry Affiliations & Partnerships

03 | how we support you

Advice beyond the placement

We examine the insurance implications of your contracts, operations and growth plans. Our advice helps you compare options, identify material issues and present your business clearly to insurers.

The scope and any applicable advisory fee are agreed before extensive analysis begins.

01

CONTRACT AND INSURANCE ALIGNMENT

Examine customer and supplier obligations alongside relevant policy terms. Identify questions about indemnities, service commitments, limits and exclusions while your counsel leads legal interpretation and drafting.


02

PROGRAM DESIGN, LIMITS AND BENCHMARKING

Compare insurer terms, limits, retentions, claims capability and price against your contractual commitments and relevant loss scenarios. Where useful, use limit analysis and peer benchmarking to inform how much risk the business retains.


03

CYBER AND CONTINUITY

Identify critical systems and vendor dependencies. Connect incident response and recovery planning with your customer commitments, documented controls and relevant insurance conditions.


04

GROWTH AND M&A DUE DILIGENCE

Assess the insurance implications of acquisitions, new jurisdictions and changes in control. Review existing programs and material gaps as part of insurance due diligence, and seek insurer clarifications before commitments are made.


05

CLAIMS SUPPORT AND ONGOING REVIEW

Assist with claims reporting, supporting information and insurer communication. Revisit exposures and protection as your operations change throughout the relationship.


04 | A CLEARER RISK POSITION

From risk assessment to practical action.

The Axis Advanced Technology Risk Compass is a complimentary, proprietary assessment of eight connected control areas. A senior advisor reviews the findings with you to establish priorities for control improvements and insurance decisions.


Eight connected risk control areas

Contractual Controls

Cybersecurity, Technical & Crime Controls

Data Backup & Business Continuity Controls

Third-Party, Vendor & Supply Chain Controls

Privacy, Data Security & API Controls

Intellectual Property & Content Governance Controls

People, Employment Practices & Insider Controls

Artificial Intelligence Tools & Controls

What you receive


Compass Score and Report

A structured assessment of control maturity, with findings that inform your insurance and commercial decisions.


Prioritized improvement roadmap

Practical starting points, with guides, checklists and templates to support implementation.


Senior advisor review

A discussion of the findings, relevant insurance questions and evidence to support underwriting.


A clearer starting point for your risk and insurance decisions.

05 | intellectual property

Intellectual property.
Defence and enforcement.

An IP dispute can place significant pressure on your balance sheet. We explore insurance options for defending your technology and enforcing your rights, alongside counsel’s legal assessment.

Defence

Responding to infringement allegations

Patent allegations may target your business directly or flow through a customer’s IP indemnity. We examine existing wording and specialist options for eligible defence costs, damages and specified contractual obligations.

Enforcement

Funding action to protect your
rights

Where you own or exclusively license valuable IP, enforcement insurance may help fund eligible legal and expert costs. We clarify insured interests, consent requirements and funding conditions before costs are incurred.

A technology E&O limit alone does not establish patent cover. IP protection depends on policy terms and funding conditions; enforcement cover also depends on reasonable prospects requirements.

07 | client resources

Year-round advice.
Beyond the placement.

Practical support for contracts, transactions, controls and insurance decisions, available through your advanced technology team.

Axis clients can select a topic to request support by email. Your advisor will discuss your needs, identify relevant guidance and confirm the appropriate next step.

Tailored advisory work. Where a review, analysis or report is appropriate, we agree the scope, timing, deliverables and any fee before starting. The Risk Compass assessment is complimentary.

Contract Review

Review indemnities, liability caps and insurance requirements alongside policy terms; your counsel leads legal interpretation and drafting.

Request Support

M&A Insurance Due Diligence

Review existing insurance, material gaps and change-in-control provisions as part of transaction due diligence.

Request Support

Risk Alerts

Discuss emerging issues that may affect your exposures, controls or insurance program.

Request Support

Cyber Incident Response

Review response preparedness against operational priorities and relevant insurance conditions.

Request Support

Limit Analysis & Benchmarking

Compare limits and retentions with contracts, financial exposure and loss scenarios; consider peer data where available.

Request Support

Business continuity & Resilience

Identify critical systems, suppliers and recovery priorities to inform continuity planning and relevant insurance questions.

Request Support

Risk & Coverage Assessments

Review changes in your operations and exposures against policy terms and identify potential gaps.

Request Support

IP Risk Support

Review IP exposures and specialist insurance options alongside your counsel’s legal assessment.

Request Support

08 | your team

Your advanced technology
& mining team.

Our advanced technology and mining team brings together risk advice, insurance placement, broking and account administration. Speak directly with the people supporting your business.

Chris Jones

Vice President
Advanced Technology

Email Chris
(778) 788-2853

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Clive Bird

Vice President
Advanced Technology

Email Clive
(604) 817-8072

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Stacey Copeland, CAIB

Vice President
Advanced Technology

Email Stacey
(604) 619-7775

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Tristan Smith

Vice President
Advanced Technology

Email Tristan
(416)-885-0671

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Johnny Luu

team lead
Advanced Technology

Email Johnny
(604) 786-5325

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Sophia Wang

Senior Account manager Advanced Technology

Email Sophia
(604) 630-0758

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Discuss your insurance
and risk priorities.

Tell us about your business, the decision you are facing and the insurance questions you need to resolve.

Startup & growth

First coverage.
Next stage of growth.

Building a product, raising capital or signing enterprise contracts? Discuss customer obligations, technology liability, cyber risk, intellectual property and directors’ responsibilities.

Start with your product, stage of growth and next commercial milestone. We help identify relevant coverages and the information insurers will need.

Discuss Startup Coverage Complete an insurance application

Established or global

A clearer view of
your insurance program.

Review multinational operations, major infrastructure, complex contracts and board-level exposures against the protection your business has in place.

Start with your existing program, renewal timing and priorities. We help identify questions about limits, policy wording and retained exposure for further review.

arrange a program discussion Complete an insurance application

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