Technology E&O
Technology Errors & Omissions (Tech E&O) insurance protects technology companies from claims that their products or services caused a client financial harm. Unlike general professional liability — which covers advice and consulting — Tech E&O is specifically designed for companies whose deliverable …
Who Needs This Coverage
- Software development companies and ISVs
- SaaS providers and cloud platform operators
- Managed service providers (MSPs) and IT consultants
- System integrators and technology VAR firms
- App developers (mobile, web, enterprise)
What's Covered
- Errors, omissions, or negligent acts in technology products and services
- Software defects, failures, and performance claims
- Service level agreement (SLA) breaches
- API failures and integration errors
- Defense costs including specialized technology attorneys
- Consequential financial loss to clients from tech failures
Frequently Asked Questions
How is Tech E&O different from general professional liability?
General professional liability (E&O) covers advice-based professions like consultants and accountants. Tech E&O is specifically designed for technology products and services — software defects, API failures, SaaS outages, and similar product-related …
Do I need both Tech E&O and cyber liability?
They cover different risks. Tech E&O covers financial losses your clients suffer because your technology failed or was defective. Cyber liability covers your own costs when a breach, ransomware attack, or data incident affects your business or your c…
What limits do enterprise clients typically require?
Most enterprise and government contracts require $1M–$5M per occurrence in Tech E&O. Large contracts with Fortune 500 companies or federal agencies may require $10M or more. We can place limits up to $25M+ with layered markets.