Technology claims tend to start with a system that does not do what the client was promised, a project that overruns, or an outage that stops a client trading. Because the client's losses can be much larger than the fee, the limitation of liability in the contract often matters as much as the limit on the policy.
Cyber exposure is closely linked. A technology firm may suffer a breach of its own and may also be blamed for one at a client, and the two are typically answered by different sections of cover.
Professional indemnity and cyber cover for IT consultants and software companies: failed implementations, data loss, downtime and contractual liability.
Read moreInsurance for technology and digital businesses: SaaS products, platform outages, accumulation across a customer base, intellectual property and investor exposure.
Read moreProfessional indemnity and cyber cover for web designers and developers: site defects, downtime, accessibility, payment data and third party plugins.
Read morePlenty of businesses do more than one thing. Tell us what you actually do and we will work out the cover around it. Call 01304 262880, or email us with a phone number and the best time to call and a broker will ring you back.