Risk Eligibility

  • Risks with revenues up to $1,000,000 and seven professionals*
  • Target classes (including, but not limited to):
    • Application service provider/software as a service/cloud providers
    • Consulting/Training/Project management/Staffing
    • Data or records storage, retrieval or back-up/database administration/hardware evaluation, selection and maintenance
    • Help desk
    • Software development/installation/sales
    • Systems or network evaluation/design/cabling/support
    • Web design/development/hosting or search engine optimization
  • New ventures are eligible

In addition to the above classes, many others are eligible. Please contact your underwriter.

*Risks with up to $15,000,000 in revenue or more than seven professionals, please reference our SuperTek Product Underwriting Guide

Contact an Underwriter at 877-742-9875

SUBJECT TO UNDERWRITING REVIEW

  • Up to two technology errors and omissions claims or circumstances in the past five years

AVAILABLE LIMITS

  • Errors and omissions up to $5,000,000**
  • General liability included at $1,000,000/2,000,000
  • Business personal property up to $250,000
  • Business income included at $50,000
  • Hired and non-owned auto up to $1,000,000
  • Excess General liability/Umbrella up to $5,000,000

DEDUCTIBLE

  • Errors and omissions is $0
  • Preferred package liability deductible is $0 with property deductibles starting at $500

**Intellectual Property (IP) limits of liability equal to errors and omissions limits purchased subject to a maximum IP limit of $1,000,000 each claim/$1,000,000 annual aggregate

MOST COMMON INELIGIBLE RISK CHARACTERISTICS

  • More than 10 percent exposure to the following operations:
    • Fund transfers, financial transactions, equity trading, point-of-sale systems and loan fulfillment
    • Lottery, sweepstakes, gaming, online casino or other games of chance
    • Firmware or embedded software
    • Mechanical, electrical, chemical, civil or architectural design or engineering
    • Robotics or process control of industrial equipment including HVAC systems
    • Physical security system installation or monitoring (including but not limited to burglar/fire alarms and camera systems)
    • Global Positioning System (GPS), Geographic Information System (GIS), navigation systems development, maintenance or support
    • Aircraft, air-ground equipment, military defense and/or weaponry of any kind including classified information
    • Medical, dental or health care diagnosis, monitoring or treatment including electronic medical records
    • Pharmaceutical formulation, production or prescriptions including clinical data
    • 911 or other emergency response and/or dispatch
    • Energy, power plant, utility or pollution monitoring, supply or distribution
  • More than:
    • 50 percent of their revenue from network or computer security
    • 20 percent of their revenue from hardware manufacturing
    • 10 percent of their revenue from services as an Internet Services Provider or Web search engine provider
    • 100,000 licenses sold on packaged software the company developed
  • Located in AK, HI or LA

NOTE: Many classes may still be eligible for our Nonprofit Directors & Officers Liability/Employment Practices product.

Ineligible risk characteristics include, but are not limited to those listed above.

CONTACT AN UNDERWRITER FOR MORE INFORMATION AT 877-742-9875 OR CLICK HERE TO FILE A SUBMISSION