The technology industry faces a wide array of risks, including data breaches, cyberattacks, professional liability claims, and operational disruptions. Identifying the right insurance coverage can support your efforts to protect your organization, clients, and reputation.
At Mason-McBride, we work with technology companies to assess potential exposures and explore insurance coverage options available through multiple carriers.
Insurance Solutions for Technology Organizations
Below are examples of common policy types technology organizations may consider:
General Liability Insurance:
May assist with third-party claims involving bodily injury, property damage, or advertising injury. Coverage can include legal expenses such as attorney fees and settlements if your company is named in a covered lawsuit.
Professional Liability Insurance:
Provides an added layer of liability protection by increasing coverage limits beyond those of your standard policies, offering support in the event of larger claims.
Commercial Umbrella Insurance:
Commercial umbrella insurance extends the liability limits of your underlying policies, providing additional protection if a claim exceeds your standard policy limits.
Cyber Liability Insurance:
Designed to help your business respond to events such as data breaches, cyber extortion, and system failures. Coverage may include data recovery costs, notification expenses, regulatory compliance, business interruption, and more.
This type of policy is especially important for technology businesses that store or process sensitive data.
Why Choose Mason-McBride?
As an independent agency, Mason-McBride works with a range of insurance carriers to help you explore policies that align with your business model and risk profile. Our team will collaborate with you to understand your operational needs and help you evaluate coverage options.
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