Asp outsourcing and insurance provisions.

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General liability policies do not adequately protect companies which engage in e-business. Power outages, hacker attacks, credit card theft, business interruption and intellectual property infringement all present risks which need to be addressed by both risk prevention and insurance. ASP service level agreements should specify:

Amounts and type of insurance - E-Business interruption, errors & omissions, multi media, and internet liability.

“Best practices” to avoid risk.

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Application Software Providers or ASPs, a new revolution for the business world, provide you with customized software solutions for your business processes, be it accounting, human resource management, or Enterprise Resource Planning (ERP), to name a few. ASPs help you focus on core business issues by taking care of your key system software.ASPs combine traditional outsourcing model with Internet to deliver customized software solutions with real time services. ASPs are a compelling alternative to buying packaged software and implementing it in house.