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Industry Expertise

Technology Firms

For technology firms, a software bug, missed deadline, or outage that costs a client money can trigger a professional-liability claim, and enterprise customers increasingly require both tech E&O and cyber coverage in their contracts before signing. In California, where much client and user data lives on your systems, a breach can bring notification duties and penalties on top of the lawsuit.

Coverage to Consider Schedule Consultation

Who this coverage is for

This fits software developers, SaaS companies, IT and managed-service providers, and app or web development shops. It also suits IT consultants and technology startups delivering products or services to business clients.

What it can help protect

Technology coverage centers on the work you deliver and the data you hold:

  • Tech E&O and professional liability — defends claims that your software, service, or an error caused a client financial loss.
  • Cyber and data breach — helps with notification, penalties, and recovery when systems or client data are hacked or ransomed.
  • General liability — covers a client or visitor injured at your office or third-party property damage.
  • Employment practices — defends against staff claims of wrongful termination, discrimination, or harassment.
  • Business property — repair or replacement of hardware and office equipment after a covered event.

Key industry risk considerations

A licensed review will usually focus on contracts, uptime/service levels, and client dependencies, data handling and vendors, and fundraising, hiring, and remote work.

Coverages for this industry

The coverages most relevant to Technology Firms, tiered by priority. Start a quote on any one, or have an advisor review the whole stack.

Core

Technology E&O / Media Liability

Errors in your software/services and media liability.

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Core

Cyber Liability Insurance

Breach response and liability for the data you hold.

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Core

General Liability Insurance

Third-party injury and property damage.

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Recommended

Professional Liability / E&O

Professional-services errors and omissions.

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Recommended

Directors & Officers / Management Liability

Protects leadership — important for funded startups.

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Recommended Often required

Workers' Compensation Insurance

Required once you have employees.

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Situational

Commercial Property Insurance

If you own or lease office space and equipment.

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Have an advisor review the whole stack →

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