Premiums as low as $995/Year
Technology Errors & Omissions Insurance
Technology Professional Liability Insurance (also known as E&O, or IT Liability Insurance) protects all types of technology professionals if a client alleges that you were professionally negligent, failed to perform professional duties, or in the case of the failure of your work to perform as promised in your contract.
Your Technology Professional Liability Insurance policy can be customized to include:
- Coverage for Intellectual Property,Unauthorized Access, Malicious Code and Personal Injury claims
- An optional business owners package that includes GENERAL LIABILITY insurance and property insurance
- Access to a FREE on-line portal containing news and tool for IT risk management
- Options including coverage of defense costs outside the limits of liability
- Deductibles beginning at $0
- Payment plans available to help you budget
Technology Professional Liability Insurance Protects Your Business
The high cost of a legal defense could put you out of business. Your company's survival and your personal financial security depend upon protecting yourself against the impact of a lawsuit.
Almost any firm or individual that improperly performs services can cause a client to suffer an economic loss - and mounting a defense is expensive. The impact of even a baseless claim can be devastating. Would your company have the resources and expertise to defend against such a claim? Request A Quote
Why Do I Need Technology Professional Liability Insurance?
Mistakes Happen. Even the most skilled professionals are likely to make an error at some point. From catastrophic software crashes to network failures that shut down you clients business for hours, unexpected technology failures or human oversights can result in a lawsuit.
You Can't Be All Places At Once. As your firm becomes more successful, you may not be able to personally handle every job. Technology Errors & Omissions coverage insures not only your mistakes, but also the mistakes of the employees and independent contractors you hire. Request A Quote
What Is Covered by IT Errors & Omissions Insurance?
Technology Consulting Professional Liability Insurance includes legal defense costs - no matter how baseless the allegations. It will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy.
Because the IT industry is relatively new, computer consulting and contracting law has few established precedents, and tort laws governing technology contracts continue to evolve. A Technology E&O policy protects you from new legal threats.
Some of your clients may require that you and your subcontractors carry Technology Errors & Omissions insurance. The right kind of Tech E&O policy can protect both the consulting firm and subcontractors from claims of a perceived error or omission, even if the problem occurs months after the initial consultation. Request A Quote
Doesn't My General Liability Insurance Provide the Same Protection?
Technology Errors and Omissions insurance coverage is not provided by a Commercial General Liability policy. Commercial General Liability does NOT provide coverage for programming errors, contract performance disputes or any other Professional Liability issues. IT consultants and companies who have General Liability without Professional Liability (Errors & Omissions) coverage are taking a serious risk. It's like a doctor practicing medicine without Malpractice Insurance. Request A Quote
Who should purchase Technology E&O Coverage?
- Application Service Providers
- Business Intelligence / Reporting
- Communication & Network Consultants
- Computer Bureaus
- Computer Consultants & Services
- Custom Software Developers
- Consultants
- Data Processors / Database Managers
- Data / Records Imaging, Warehousing or Storage
- Database Administration
- Graphic Designers
- Hardware Equipment Evaluation / Selection
- Hardware Manufacturing and Maintenance Services
- Help Desk / Call Centers
- Network Architecture / Design
- Network Cabling / Wiring
- Network / Computer Security
- Network / Computer Application Support
- Network Services
- Packaged Software Development / Installation / Configuration
- Packaged Software and/or Hardware Sales
- Records Management / Retrieval
- Remote Data Back-up Service
- Software as a Service
- System / Network Evaluation
- System Optimization
- Technical Project Management
- Telecommunications
- Training and Education
- Web Hosting
- Web Site Designers / Developers
- Wireless Installation / Configuration
Contact Brunswick Companies today to request a technology professional liability insurance quote.