Technology companies operate in a fast-moving environment where the risks evolve as quickly as the products. From a two-person startup shipping its first MVP to an enterprise SaaS company processing millions of transactions, tech businesses need insurance that understands their world.
Why Tech Companies Need Specialized Coverage
Standard commercial insurance policies were designed for brick-and-mortar businesses. They often contain exclusions that leave tech companies exposed — like failing to cover losses from software bugs, API downtime, or third-party data breaches through your platform. We work with carriers that have built tech-native policy forms designed for digital businesses.
Essential Coverage for Every Stage
Pre-seed companies need lean coverage that satisfies investor and enterprise customer requirements without draining runway. Series A+ companies need to layer on D&O, EPLI, and increased cyber limits as their risk surface grows. Public companies face the most complex requirements, including securities liability. We build coverage roadmaps that scale with your fundraising milestones.
Cyber Liability: Your Most Critical Policy
For tech companies, cyber liability insurance isn't optional — it's existential. A single data breach can cost millions in notification expenses, regulatory fines, forensic investigation, legal defense, and lost business. Our cyber policies cover first-party losses (your costs) and third-party claims (lawsuits from affected customers), with limits designed for your data exposure.
E&O for Software & Services
When your software fails — and eventually something will — Errors & Omissions insurance covers the claims that follow. Whether it's a SaaS outage that costs your client revenue, an algorithm that produces incorrect results, or a missed project deadline, E&O protects your company from the financial fallout of professional failures.
Frequently Asked Questions
What insurance do VCs require before investing?
Most VCs require D&O insurance before closing a round. Many also want to see General Liability and Cyber Liability in place. Some enterprise-focused investors also look for E&O coverage. We can have these policies bound in days.
Does my SaaS company need cyber insurance?
If you store, process, or transmit customer data — yes. Even if you use third-party infrastructure (AWS, GCP), you're still liable for data breaches that occur through your application. Cyber insurance is your financial safety net.
How much does tech startup insurance cost?
A typical early-stage startup (pre-revenue to $5M ARR, <50 employees) can expect to pay $5,000-$15,000/year for a comprehensive package including GL, Cyber, E&O, and Workers' Comp. Costs scale with revenue, headcount, and data exposure.
What's the difference between E&O and Cyber insurance?
E&O covers claims arising from professional mistakes or failures in your services. Cyber insurance covers costs related to data breaches, ransomware, and other cyber incidents. Most tech companies need both, and they complement each other.