Industry Specialists

Commercial Insurance for Technology Companies

Technology companies face risks that didn't exist a decade ago — software failures, data breaches, intellectual property disputes, and client contract claims. Our tech insurance specialists protect SaaS, IT services, software, and hardware companies.

Technology E&O / Tech Professional Liability
Cyber liability with first and third-party coverage
IP infringement and media liability
Flexible coverage that grows with your company

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Industry Risks

Unique Risks You Face

The technology sector faces a unique combination of digital, contractual, and intellectual property risks.

Software Failures & Bugs

A software defect or service outage that causes client financial losses can trigger costly lawsuits against your company.

Data Breaches

Tech companies are prime targets for hackers seeking customer data, source code, and proprietary information.

IP & Copyright Infringement

Patent trolls and IP disputes are a significant financial risk for technology businesses of all sizes.

E&O Claims from Clients

Clients who feel your tech product or service failed to perform as promised may seek damages through litigation.

Third-Party Vendor Failures

Cloud providers and subcontractors you depend on can fail, leaving you liable for downstream client impacts.

Recommended Coverage

Coverage Built for Technology

Tech companies need specialized coverage that addresses both digital and traditional business risks.

Cyber Liability Insurance

Essential for any tech company. Covers breaches, ransomware, business interruption, and third-party liability.

Professional Liability (E&O)

Covers claims that your software, technology, or consulting services failed to perform as promised.

General Liability Insurance

Covers bodily injury, property damage, and advertising injury claims for your tech business.

Commercial Property Insurance

Protects your servers, workstations, office space, and equipment.

43%
Of cyberattacks target small tech businesses
$250K
Average tech E&O claim cost
3x
Tech companies face 3x more IP claims than other industries
60%
Of tech firms will face a lawsuit within 5 years
FAQ

Technology Insurance Questions