Skip to main content
main content, press tab to continue
Industry

Telecommunications

Specialized risk management and insurance solutions for telecom companies, leveraging global expertise and advanced analytics to cover evolving technologies, regulatory compliance, and more.

We understand the challenges and opportunities that telecom companies face. Our specialized approach, global presence and proprietary analytics tools are designed to help you navigate the complex landscape of risk management and insurance.

Our telecommunications industry-focused approach

  • Vast experience: We have extensive experience serving telecom companies of all sizes, from startups to global leaders.
  • Specialized teams: Our dedicated telecom experts combine deep industry knowledge with risk management and insurance expertise.
  • Global network: Our global presence allows us to provide tailored solutions that address the different risks faced by telecom companies in different markets.

Key services and solutions

  • Trend and insights: Stay ahead of the curve with our industry-specific insights and market trends.
  • Risk capital identification: We help you identify sources of risk capital to meet your exposures and align with your fiscal goals.
  • Comprehensive risk protection: Our services cover a wide spectrum of assets, ensuring comprehensive mitigation strategies.
  • Regulatory compliance: Navigate the complex regulatory landscape with our updated industry-specific insights and solutions.

Risks addressed

  • Evolving technology: Rapid technological developments require dynamic risk management strategies.
  • Consolidation and growth: Mergers, acquisitions and joint ventures bring risks and opportunities.
  • Brand and reputational risks: Protect your brand and reputation with tailored insurance solutions.
  • High-Tech liabilities: Manage the high-tech liabilities associated with advanced telecom infrastructure.
  • General liabilities: Comprehensive coverage for a wide range of general liabilities.
  • Natural catastrophes: Mitigate the impact of natural disasters with our specialized solutions.
  • Network outages and equipment failure: Ensure business continuity with robust insurance products.
  • Regulatory compliance: Stay compliant with local and international regulations.

Insurance products

  • Property damage: Protect your physical assets from damage.
  • Business interruption: Minimize the financial impact of business disruptions.
  • Cyber liability: Safeguard against cyber threats and network outages.
  • Technology errors and omissions: Cover errors and omissions in technology services.
  • General liability: Comprehensive coverage for general liabilities.

Case study

  • Early engagement and proactive planning: We engaged early to understand the telecommunications company’s needs and challenges.
  • Risk and analytics: Our risk and analytics teams modeled natural catastrophe risks to provide data-driven insights.
  • Stakeholder engagement: We involved key stakeholders to find the right markets and insurers.
  • Educational roadshow: We conducted a roadshow to educate insurers about the company’s operations and risks.
  • Flexible program restructuring: We restructured the program at short notice to meet budget constraints.
  • Comprehensive coverage: Despite a reduced budget, we completed a multi-layered program with 14 insurers and reinsurers, providing comprehensive coverage for property, liability and D&O.

Why choose us?

  • Specialized expertise: Our dedicated telecom team brings deep industry knowledge to the table.
  • Global reach: Our global network ensures you have the right coverage, no matter where you operate.
  • Proprietary analytics: Our advanced analytics tools help you assess and manage risks effectively.
  • Technology-driven solutions: We leverage technology to support large operations and provide efficient risk management.

Disclaimer

WTW hopes you found the general information provided here informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).

Contact us