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Special Program - Technology Professional Liability (E&O)
With every industry comes its own set of unique risks and special concerns. To help you address both, we've created insurance programs that combine the standard insurance coverage that every business needs with specialized solutions targeted to technology industry.
Using our experience and expertise in underwriting, claims, and loss control, we tailor your insurance coverage to protect what's most important to you and your business. These customized solutions offer you the benefit of enhanced protections specifically designed for technology industry.
Technology Liability. Because this coverage is a critical for high—tech firms, We package this specialized protection under FailSafe™ our innovative professional liability coverage. Plus, we offer it in increasing degrees of coverage, including:
- FailSafe GIGA – pays for damages and claims expenses caused by negligent acts, errors and omissions; failure of the technology services to perform as intended; and breach of warranties or representations.
- FailSafe TERA – which extends protection even beyond FailSafe GIGA to offer a wide range of coverages, such as:
- Specified content, which includes copyright and trademark infringement, and plagiarism.
- Specified security, which includes failure to prevent unauthorized access, and denial of service
- Specified personal injury, which protects you against libel, slander, and invasion of privacy.
Coverage Features
- Coverage that includes legal defense costs. Professional Liability insurance should pay for any resulting judgments against you, including court costs up to your policy’s coverage limits.
- Coverage that extends to both W2 employees and 1099 subcontractors. Professional Liability insurance should protect your company from claims resulting from the work done by 1099 subcontractors on your behalf. However, 1099 personnel need their own errors and omissions insurance because your Professional Liability insurance policy may not defend them if they are sued separately or in addition to you.
- Optional coverage for allegations of copyright infringement and intellectual property infringement. As part of your Professional Liability insurance policy, intellectual property infringement coverage protects you against claims alleging copyright infringement. Software, systems or processes are some of the most commonly known "intellectual properties."
- Personal injury coverage. Having personal injury coverage as part of your Professional Liability insurance policy protects you against claims of libel, slander and invasion of privacy.
- Worldwide coverage if the suit is brought in the United States. Be sure to ask if your Professional Liability insurance covers such litigation
Enhanced coverages to consider:
Umbrella Insurance. This coverage provides liability protection over and above the limits of other insurance policies you have for your business. The umbrella coverage extends over Business Liability, Auto Liability, and Workers' Compensation policies.
Hired Auto and Non–Owned Auto. Covers damages you are legally required to pay due to bodily injury or property damage that occurs during the use, loading or unloading of hired or non–owned vehicles used for your business.
Please Contact Niren Shah at (513) 489-6422 or
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This material is for informational purposes only. All statements herein are subject to the provisions, exclusions and conditions of the applicable policy. For an actual description of all coverages, terms and conditions, refer to the insurance policy.
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