Insurance for Software
Developers

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Why do Software Developers need it?

The technology industry is evolving at an unprecedented pace. This makes the probability of mistakes, or perceived mistakes, regarding the work you do more possible than ever. That’s why a business insurance partner who is knowledgeable about your industry has never been more important. BizInsure is where technology-industry individuals and businesses from all over the country go to get dependable and affordable insurance tailored to exactly what they need. Click or Call us today to compare quotes and get started today.

Did you know?

Many IT professionals rendering services to corporate clients require professional liability, cyber liability and general liability insurance.

What is Professional Liability Insurance?

Professional Liability, otherwise known as E&O insurance, protects your business against claims of negligence, misrepresentation or mistake. Typically, the allegation is that your services, products or employees caused some form of financial damage to a third party. Regardless of fault, litigation is expensive, drains time and damages reputation. Professional Liability insurance can protect professional service providers from potentially devastating financial damages resulting from alleged negligence or error in the delivery of your services.

Coverage is provided for:

  • Attorney fees and other legal expenses
  • Costs and expenses related to a settlement
  • Costs and expenses related to a judgment

Professional Liability Insurance (aka E&O insurance) – Software Developers

Often referred to as “Technology E&O,” Professional Liability insurance is extremely important for businesses and individuals in the technology sector. It is one of the most rapidly evolving business insurance products available and is often required by customer contracts.

Basic technology E&O provides protection in the event that your advice or services are alleged to be negligent, faulty or inaccurate and causes financial harm to your customer or other third party. Coverage includes non-performance of your software or hardware.

Most policies include protection for Media Liability as well. Media Liability shields against claims related to copyright and trademark violation, something that is critical for software and hardware developers. Additionally, the Medial Liability component of coverage can protect against personal injury claims related to your service or products (libel, slander, defamation, etc.).

Professional Liability insurance (Technology E&O) may also include Cyber Liability coverage. Cyber Liability protects against your liability and notification obligations related to loss of Personally Identifiable Information (PII) such as credit card numbers or social security numbers. It also may protect your interests if there is a network security breach such as unauthorized access or hacking.

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Great process and very efficient.
Friendly and very fast service!
Patricia S.
1713020220
Jennifer Whiscombe, is an amazing agent. She was very knowledgeable, thorough and friendly. I highly recommend.
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They make it very easy to buy insurance and renew.
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Always easy. Thank you.
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A Company that is easy to deal with and that I have used for several years. I appreciate the continued support.
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Very easy to work with, cost effective, prompt renewal and easy to get certificates of insurance instantly. I use them exclusively for my professional and general liability insurance needs as a consultant.
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Responsive and professionalCompetitive price. I highly recommend Bizlnsure as an insurance provider
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Your service is easy to renew as needed and your company informs the client in advance for renewal.
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It has been a pleasure doing business with Biz Insure Llc.Their representatives are very courteous, helpful and customer service oriented.
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Quick and easy....
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I follow the instructions & would prefer to paid every month. I did not have the options to pay every month.
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Been a happy customer for years! Easiest company to receive a quote and get insured. No hassles! Easy payment! Finance plans, if needed!
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Every year, BizInsure is my go to for general and professional liability insurance! Thenrates are unbeatable.
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The agent was quick and efficient in generating a quote for my needs.
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I enjoy working BizInsure they always answer all my questions and make sure i have the correct coverage for my business.
Prompt and professional service from Biz Insure. Thanks Leslie and Liza!
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Very easy to sign up for insurance.
Great company
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Fast and efficient!
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It was great being able to get a policy that suits my company's need in less than 30 minutes. They were vey thorough. Very competitively priced.
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I worked with Andrea for another start up business. She was very knowledgeable and help me pick the correct policy. Amazed at how quickly the process went.
Representative was very kind, helpful, and educated me well. I appreciated today's prompt service with confirmation that I was satisfied with what was provided to me.
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Great company for.your low cost business insurance needs.
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MUY BUENO
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Professionalism, Quality, Responsive and budget friendly
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