Each member’s annual inventory of electronic data processing (EDP) equipment (items that accept and manipulate data or are connected to a computer system) must be submitted to MCIT by April 30. The inventory must include all EDP equipment that the member wants covered.
EDP equipment must be consolidated into a single inventory for the member. MCIT will not accept separate department inventories. Examples of EDP equipment are computers, smart phones, servers, monitors, network-connected printers and copiers, electronic voting equipment, 911/dispatch systems, survey equipment, UPS (uninterruptible power supply) systems, and GPS and GIS systems.
Members are not required to schedule each piece of EDP equipment with MCIT for coverage to apply, which is different from property and automobile coverage. Rather, EDP coverage is provided to members on a blanket basis. This means that the member’s coverage limit and scope of items covered is determined by the total of all items on the EDP inventory on file with MCIT.
Members can submit their 2021 EDP inventory to MCIT any time before April 30. To turn in the inventory, members simply e-mail the document to email@example.com or mail a copy to MCIT. A sample EDP inventory spreadsheet is available at MCIT.org/resource/.
Members are encouraged to update their EDP inventory throughout the year to ensure that the blanket limit of coverage accurately reflects their current EDP equipment and replacement cost values.
Questions can be directed to MCIT Underwriting Manager Gary Severson at firstname.lastname@example.org or 1.866.547.6516, ext. 6410.