Technology
Errors & Omission (Tech E&O), also known
as Errors and Omissions Liability coverage,
is coverage specifically designed for technology
companies.
Any individual or firm that provides technology
services or products should consider obtaining
Tech E&O coverage. A Tech E&O policy
protects your firm by providing defense cost
and covering potential settlements from any
alleged or actual errors.
Sample Tech E&O claims include:
| • |
A
firm may have a suit arise because the
customer is dissatisfied with the performance
of the product or the customer’s
expectations were higher than the capabilities
of the product.
|
| • |
Client
misuse of a product can be the basis for
a claim. Your product may not be defective,
yet you will have to defend yourself to
demonstrate this. |
You
may believe having a General Liability policy
will provide you and your company with enough
protection. Please review our Tech E&O
resources to discover the differences between
a Tech E&O policy and a General Liability
policy.
We
have an extensive list of Policies and Applications
for you to choose from, or you can also contact
us to let us assist you in finding the
correct application for your situation.
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