Looking for Technology Industry Insurance?
We understand a technology organization’s risks and create a risk management and insurance program specifically for your unique business. If you’re unsure where to start or the right questions to ask, we are here to help! Minimizing the financial impact of an event and transferring risk to an insurance company are all essential components of a business risk management strategy.
Insurance Solutions for Technology Organizations
There are several different coverage options to choose from to best fit your business. Notable exposures currently getting attention in the marketplace are:
General liability insurance can help protect your business against claims for bodily injury, property damage, advertising injury, errors, or omissions. In addition, without this coverage, you may be responsible for paying out of pocket for legal costs, such as attorney fees and settlement amounts.
Also known as Errors and Omissions (E&O), professional liability insurance can help protect your business from consequential loss resulting from negligence claims associated with your professional service. Professional liability claims involve allegations whereby the customer alleges they lose revenue or incurred expense because of the negligent rendering of professional services.
Commercial umbrella insurance extends the coverage limits for some of your liability policies. So, if a claim exceeds the limits on your policy, your umbrella insurance can help cover the difference.
Cyber liability insurance helps your business respond to a data breach if personally identifiable information gets lost or stolen. In addition, many policies will include extortion coverage, business income protection, systems failure, all caused by a breach.
Tailored to Your Needs
Our professional team can help you navigate the insurance marketplace and conduct a risk review. We advise not waiting for an event to audit your program and make necessary adjustments.
Have More Questions?
Whether you need professional liability insurance or a combination of coverages, our team of specialists can find a coverage plan that offers complete protection from the unexpected. So if you’re interested, start a quote online, or give our office a call. The team at Mason McBride is happy to assist.