What is Technology E&O Insurance?

Errors & Omissions (E&O) Insurance, also known as Professional Liability or Malpractice Insurance, protects your IT business from clients that may hold you responsible for errors or negligent acts committed in the course of your performance of services. Because this coverage is not offered under a general liability policy, E&O is vital to companies looking for protection from incurring the full cost of defending themselves and the damages that may be awarded in a lawsuit.

The Protection of TechMal

For a decade now, the partners at techrug have been working on a comprehensive E&O solution to keep small and medium size IT companies protected without breaking the bank. We have seen first-hand the staggering insurance premiums some IT companies have paid in the past, only to find out their policy did not cover what they thought. This is why the insurance experts at techrug have created a one-of-a-kind E&O policy form called TechMal. Our proprietary TechMal policy form offers multi-faceted protection at a deeply-discounted rate.

Having successfully defended numerous client lawsuits over the years, our TechMal policy form combines traditional E&O with:

• Broader Coverage Definitions

• First and Third Party Cyber Liability

• Breach of Contract Coverage

• A Breach Response Team

• Claims Service