FIS Waiver of Subrogation GL.pdf
PDF 73 KB Posted
- Attached to
- Master Agreement AZ|CTR060124
- Contract number
- CTR060124
- Issued by
- Arizona
About this file
This document is a CNA Paramount Technology General Liability Extension Endorsement for an insurance policy issued by Continental Casualty Company to Fidelity National Information Services, Inc. The endorsement is dated 01/01/2023 with Policy Number 7036257993 and Endorsement Number 1. It modifies specific conditions of the existing insurance coverage, focusing on technology-related general liability provisions.
The endorsement includes two primary modifications: an unintentional hazard disclosure clause that prevents coverage denial if the insured fails to disclose existing hazards, and a blanket waiver of subrogation. The waiver of subrogation applies to the insured's ongoing operations and completed work, but only when the insured has agreed in writing to waive recovery rights in a contract executed prior to any potential bodily injury, property damage, or personal and advertising injury. The document maintains that these modifications are part of the existing policy and do not fundamentally alter other terms and conditions.
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Text version
CNA PARAMOUNT
Technology General Liability Extension Endorsement
A. is included within the General Aggregate Limit as described in LIMITS OF INSURANCE; and
B. applies excess over any valid and collectible property insurance available to the Insured, including any deductible applicable to such insurance; the Other Insurance condition is changed accordingly.
20. UNINTENTIONAL FAILURE TO DISCLOSE HAZARDS
If the Named Insured unintentionally fails to disclose all existing hazards at the inception date of the Named Insured’s Coverage Part, the Insurer will not deny coverage under this Coverage Part because of such failure.
21. WAIVER OF SUBROGATION - BLANKET
Under CONDITIONS, the condition entitled Transfer Of Rights Of Recovery Against Others To Us is amended to add the following:
The Insurer waives any right of recovery the Insurer may have against any person or organization because of payments the Insurer makes for injury or damage arising out of:
1. the Named Insured’s ongoing operations; or
2. your work included in the products-completed operations hazard.
However, this waiver applies only when the Named Insured has agreed in writing to waive such rights of recovery in a written contract or written agreement, and only if such contract or agreement:
1. is in effect or becomes effective during the term of this Coverage Part; and
2. was executed prior to the bodily injury, property damage or personal and advertising injury giving rise to the claim.
All other terms and conditions of the Policy remain unchanged.
This endorsement, which forms a part of and is for attachment to the Policy issued by the designated Insurers, takes effect on the effective date of said Policy at the hour stated in said Policy, unless another effective date is shown below, and expires concurrently with said Policy.
7036257993CNA74872XX (1-15) Policy No:
1Page 14 of 14 Endorsement No:
CONTINENTAL CASUALTY COMPANY 01/01/2023Effective Date:
FIDELITY NATIONAL INFORMATION SERVICES, INC.Insured Name:
Copyright CNA All Rights Reserved. Includes copyrighted material of Insurance Services Office, Inc., with its permission.
File details come from the government source that posted it. Updated .