Errors and omissions insurance, also called professional liability insurance, protects your tech company when a client sues a mistake or oversight – whether or not it was your fault.
Cyber liability insurance pays for legal expenses, credit monitoring services, and other recovery costs if a data breach or cyberattack affects your company or your clients.
Workers’ comp covers medical costs for work injuries and illnesses. Almost every state requires employers to carry this policy.
Fidelity bonds protect your tech company from financial loss if an employee commits fraud, theft, or forgery against a client or your business. Client contracts often require them.
Technology firm owners should never underestimate the importance of technology insurance. It is essential protection for any business and will help them focus on growth without worrying about bumps in the road or financial concerns that come with it. To learn more, contact us today!