In 2012 American Knight Capital Group lost over $ 440 mln. in less than an hour due to the software error. That is why IT companies should not be surprised if the western Customers ask them to show their professional liability insurance. That’s common practice abroad while in Ukraine such product is hardly that popular.
Therefore Vitaliy Lebedovskiy was happy to share his experience regarding liability insurance in the field of IT by holding the workshop for ACC member companies on July 7.
Vitaliy focused on IT developers’ liability insurance available in Ukraine in terms of whether or not it is worth purchasing as well as how to choose the adequate coverage instead of just wasting money for the policy one doesn’t actually need.
Below are a couple of photos from the event.