Technology Errors & Omissions

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 [email protected].

Tech E&O – Target Classes

We specialize in providing coverage for technology service providers with revenues up to $1 billion. 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 [email protected].

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 [email protected].

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 [email protected].

 

This overview is provided for informational purposes only and is not intended to be a representation of coverage that may exist in any particular situation under a policy issued by one of the companies within Crum & Forster. All conditions of coverage, terms and limitations are defined and provided for in the policy. Surplus lines products are available in California only through Crum & Forster Insurance Brokers, Inc., a licensed surplus lines broker (CA license #0E14610).