We know our software. We know the industry. We take great care.
We check all licenses and all software carefully. We have no reason to believe there are any legal issues related to any software we produce.
Our products have provenance dating back to 1999. No legal challenge has ever been made against us or our clients on the basis of a problem with our software.
However our licenses specifically disclaim legal liability. This is in line with industry standards. We do it because it is an accepted method of risk management and it allows our prices to be kept low.
Indeed it is important to you that our liability is kept low.
To understand why, suppose we accept a contract from a bank in which we accept their liability clauses. Later, they decide that these need to be realized. Whether justified or not, a legal disagreement could at the very least, cause such disruption that it would be difficult for us to support our other clients. If it was very costly it might even destroy the company.
So to accept unlimited liability on behalf of certain clients is something which could be terribly damaging not only for us but also for all our other clients. It tilts the playing field and provides some clients a very special relationship at potential cost to everyone else. It would be reckless and irresponsible.
For these reasons, if you wish us to accept liability we need to ensure it is appropriately covered and that it cannot impact other clients. From your point of view we are willing to take responsibility and we will back it up with real funds. However this does also mean that we will always limit liability to the amount we have allocated.
Please do not purchase this product until approval has been granted and you have been directed to do so.