Protection beyond the ones and zeros.
Technology firm insurance designed to best fit your needs.
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Technology firms face unique risks due to the nature of their work. Specific tech firm insurance can help to combat and prevent these risks.
Innovation requires the right insurance.
Technology firms are on the leading edge of innovation but are susceptible to risks unique to the industry. From lawsuits for errors and omissions to liability exposures due to viruses, stolen or compromised data, as well as system outages and downtime. All of these risks can impact the smooth operations of a technology firm, which is why they require specific coverage.
Risks of running a tech firm.
The most important areas in which tech firms should be insured include liability coverage to protect your business from the risks associated with the tech industry. Another aspect that goes beyond the tech world involves electrical equipment being stored on-site. For these tech firms specifically, having the right property and equipment insurance is essential.
Common coverages that you should have to help protect your business:
- Workers’ Compensation
- Automobile
- Property
- Professional Liability
- Directors & Officers
- Employment Practices Liability
- Pollution Liability
- General Liability
- Risk Management
- Loss Control
- OSHA Compliance & Reporting
- Claims Cost Containment
- Mod Analysis
The business side of technology.
As the owner of a business, focusing on growth and innovation should be your primary goal. By having the proper technology firm insurance coverage in place, you can set aside potential roadblocks.
- Errors and Omissions
- Cyber Liability
- Systems Breakdown
- Professional Liability
- Commercial Umbrella
- Excess Liability Coverage
Understanding the insurance needs of the tech industry.
Working with an insurance agency that understands the specific needs of IT businesses makes choosing the right amount of coverage and getting a premium that fits into the company budget much easier.
To learn more about technology firm insurance and how it helps businesses stay on track even when things don’t go as planned, please contact us today.
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