Technology insurance provides specialized coverage for risks unique to the tech industry, including cyber risks, intellectual property issues, and liability for service errors. It helps protect businesses from financial losses due to data breaches, lawsuits, and system failures.

Any business in the tech industry—including IT consultants, software developers, web designers, and cybersecurity firms—can benefit from technology insurance. It’s also valuable for companies that handle sensitive client data or rely heavily on technology infrastructure.

Coverage usually includes cyber liability, errors and omissions (E&O), general liability, intellectual property protection, and business interruption. Policies can be tailored to meet the specific needs of different tech businesses.

Cyber liability insurance focuses on data breaches and cyber-attacks, covering costs associated with data loss and breach response. Errors & Omissions (E&O) coverage protects against claims related to professional mistakes, unmet expectations, or negligence in delivering services.

Yes, many technology insurance policies include intellectual property protection, which can cover legal costs related to patent or copyright infringement disputes.

Business interruption coverage within a technology insurance policy can help cover lost income and additional expenses if your operations are halted due to a cyber incident or other covered event.

Yes, technology insurance policies are highly customizable, allowing businesses to select coverage options that align with their unique risks and needs.

An independent agency offers a range of options from multiple carriers, allowing for tailored coverage that best fits the specific risks of your tech business.