Insurance for Technology Service Providers
Clients are demanding more from technology service providers than ever before and may be quick to allege negligence or wrongdoing when performance falls short of their expectations. Even baseless accusations can lead to lengthy and expensive litigation. To provide protection, Crum & Forster’s eRisk team offers Technology Errors & Omissions (E&O) Insurance.
Our Tech E&O policy is designed specifically to address the E&O/Professional Liability, Cyber and Media exposures that technology service providers face. Our extensive experience and precision underwriting make us a key market for Tech E&O throughout the U.S. To learn more, download our product sheet or contact Nick.Economidis@cfins.com.
Contact
Nick Economidis
Vice President
713-954-8114
Nick.Economidis@cfins.com
Downloads
Technology E&O
Executive Risk Overview
Solutions & Services
Executive Risk
Management Liability
Professional Liability
Cyber Insurance
Crime & Fidelity
Commercial Lines
Claim Services
Tech E&O – Target Classes
Here are a few examples of the types of accounts we write:
- Cloud service providers
- Computer programmers
- Computer security consultants
- Internet service providers
- Internet monitoring / productivity
- Network design and administration / maintenance
- Software developers and Software as a Service (SaaS)
- Systems installation / integration
- Systems consulting and engineering
- Telecommunications services and many more
For coverage highlights, see our Tech E&O product sheet or contact Nick.Economidis@cfins.com.
Third-Party Coverages
Tech E&O/Professional Liability
Coverage for legal liability costs, including defense expenses, resulting from an alleged wrongful act in the performance of technology or professional services
Cyber Liability
Coverage for legal liability costs, including defense expenses, resulting from a covered cyber event. Coverage includes regulatory defense and penalties as well as Payment Card Industry (PCI) liabilities.
Multimedia Liability
Coverage for legal liability costs, including defense expenses, resulting from materials published or broadcast by the insured due to claims such as disparagement or copyright/trademark infringement.
For details, see our Tech E&O product sheet or contact Nick.Economidis@cfins.com.
First-Party Coverages
Breach Costs
Coverage for the costs to evaluate and respond to a cyber event discovered during the policy period.
eCrime Loss
Indemnification for direct financial loss from an eCrime Event.
First-Party Loss
Indemnification for loss resulting from a cyber extortion event or a covered business interruption event, including the unintentional and unplanned interruption of a computer system.
For additional information, see our Tech E&O product sheet or contact Nick.Economidis@cfins.com.
Management Liability
We provide D&O Liability, Employment Practices Liability, Fiduciary Liability and other specialty products for commercial enterprises and financial institutions.
Professional Liability
Our customized coverage solutions address the Errors & Omissions (E&O) risks that providers of professional services face in the course of doing business.
Cyber
Insurance
Our Simple Cyber policy offers coverage for first-party and third-party exposures, 24/7 access to Cyber Response services, and loss control resources.
Crime &
Fidelity
We offer Crime & Fidelity coverages to provide financial protection against losses due to employee dishonesty, theft, fraud, forgery and other exposures.