Technology Errors & Omissions (E&O)
Protection for every glitch and gap.
Mistakes are Inevitable
But paying millions for them doesn’t have to be. Every business has standards that it holds itself to, but life happens and mistakes may arise. Technology E&O insurance protects you in case a client sues you for negligence or technology failure.
This is different from cyber insurance, which protects you in the case of a specific data breach or cyber crime incident. Instead, Technology E&O insurance covers all your business operations and risks across matters of technology and negligence. Some examples include:
- Errors in the code
- Part failure
- Missing important deadlines
- Software causes profit loss
- Technology not compatible