Product Fact Sheet
Technology Errors & Omissions
Technology companies need insurance to protect against any errors or mistakes in their products or services that could financially harm clients, users, or other third parties. For example, if a service error or unmet standard caused a client’s network to fail, a Commercial General Liability policy likely wouldn’t cover those claims. For proper protection, they would need Technology Errors & Omissions (E&O) insurance. With over 20 years of Professional Liability experience, our underwriting team is ready to help you. It’s important to note that Technology E&O is different from Cyber Liability, which covers technology users — not manufacturers or retailers — against privacy breaches and cyberattacks.
Our target classes of business:
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Domain Registration
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IT Consultants
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IT Trainers
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Sales and Installation of Software
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Sales, Installation and Maintenance of Hardware
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Software/Application Development (does not include financial, engineering or POS)
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Telecom Resellers Web-based Marketing
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Website Design, including Search Engine Optimization
Please contact us if your risk does not fit into one of these categories – we may still be able to help.
Available coverages:
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Attendance Expense
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Commercial General Liability, including Bodily Injury, Personal and Advertising Injury, Property Damage, Tenant's Legal Liability, Non-Owned Automobile, Employee Benefits Errors & Omissions
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Cyber Liability (Third Party Claims)
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Joint Venture and Partnership Liability
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Loss of Documents
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Payment of Outstanding Professional Fees
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Technology Errors & Omissions
Coverage highlights:
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$2,000,000 available limits
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Copyright and Trade coverage
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Includes Breach of Contract and Breach of Confidentiality
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Underwritten by Certain Lloyd’s Underwriters
What sets SIGNAL Underwriting apart:
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Customer focused on broker partners and insureds
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Over 20 years of professional lines broking and underwriting experience
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Our Underwriters are here to help you with any
of your Technology industry-related questions
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Secured Lloyd’s of London Coverholder status within first year of operation
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SIGNAL Underwriting Inc. only represents London based security with a minimum rating of A- (AM Best rating) for this product
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Claims handled by carriers experienced with Technology Errors & Omissions