While insurance may not prevent technology from failing, it can be used to guard against financial loss resulting from the failure of technology. To this extent, insurance is another way of minimizing the risks of using technology.
Many government agencies do not take out insurance with commercial insurance companies, preferring instead to be 'self-insuring.' This is because governments are such large entities that it is often more cost-effective to simply cover the cost of any system failure than it is to take out commercial insurance. In some cases, however, commercial insurance policies are taken out by government agencies. Each particular election management body (EMB) will need to consider whether insurance is an option in accordance with their own local policy.
An EMB considering insuring any of its uses of technology will need to contact appropriate insurance providers to determine whether insurance is available and what the cost of insuring would be.
