Insurers balk at millennium bug
Insurers balk at millennium bug
- 1998
- Guardian 22 July 1998, 23(1) .
Insurance companies are refusing to cover Britain`s essential services against computer failure in the year 2000. Insurers are including year 2000 exclusion clauses into policies because they insist the risks are entirely predictable.
ASSOCIATION OF BRITISH INSURERS
Block management
COMPUTERS
MANAGEMENT-BUSINESS MANAGEMENT-INFORMATION MANAGEMENT
INSURANCE COMPANIES
MILLENNIUM BUG
YEAR 2000 COMPLIANCE
Insurance companies are refusing to cover Britain`s essential services against computer failure in the year 2000. Insurers are including year 2000 exclusion clauses into policies because they insist the risks are entirely predictable.
ASSOCIATION OF BRITISH INSURERS
Block management
COMPUTERS
MANAGEMENT-BUSINESS MANAGEMENT-INFORMATION MANAGEMENT
INSURANCE COMPANIES
MILLENNIUM BUG
YEAR 2000 COMPLIANCE