Abram Interstate Insurance Services, Inc., CMGA

Helping Independent Insurance Agents Since 1996

Professional Liability Insurance in the Tech World | Product Highlight

Published on April 18, 2017

Who needs Professional Liability Insurance? Any profession whose services or product may pose a risk to their recipients if something went wrong.

Even aside from the big ones that first come to mind (doctor’s malpractice insurance, lawyers, etc.), there are many professions with exposures that could leave them reeling if they don’t have the proper coverage.

wholesale professional liability insurance CA

One professional sector that continually needs professional liability coverage is the Tech Industry.

The internet is a great and vast tool that’s made it’s way into our everyday lives. With that has risen the number of tech jobs, and the number of ways their work could leave them with an insurance exposure.

We see risks of cyber attacks and leaks everywhere from when large store’s customers databases are hacked, all the way to elections. Tech professionals are a larger target than ever before. And that means there is a larger need for Professional Liability Insurance for the tech industry now more than ever before.

Internet blog, Tech Insurance, puts it this way:

Professional Liability Insurance is the policy tech business owners typically purchase after General Liability Insurance. The reason? Professional Liability Insurance, also known as Errors & Omissions (E&O) Insurance, can protect you financially if your business is sued over work mistakes.

For example, a tech business might get slapped with an E&O lawsuit for:

  • Delivering a project late or incomplete.
  • Creating a buggy app for a client.
  • Failing to secure a client’s network, which allows for a data breach.

A disgruntled client who isn’t happy with how a project turned out can sue, too. A client might even try to sue just to weasel out of paying the bill. (The nerve!) For more on your potential liability, read “5 Professional Liability Exposures Every Tech Business Has.”

For many IT professionals, their client contracts require Professional Liability Insurance, so it’s not a question of if they get these policies — but who they get them from. You can be the insurance agency that gets them the coverage they need.

Tech Professional Liability Insurance Product Highlight

  • Standard and broad coverage.
  • Policy form includes coverage for:
    • Personal Injury
    • Failure to Prevent Unauthorized Access
    • Malicious Code
  • Option available for Intellectual Property coverage
  • $0 starting deductible on Errors & Omissions and General Liability
  • Errors & Omissions limits available up to $5,000,000
  • Full Prior Acts coverage available, even for first time buyers
  • Available as monoline Errors & Omissions, and we can consider General Liability and Property coverages
  • Ability to consider firms with annual sales up to $15,000,000

*Professional Liability Insurance also available for Directors and Officers, Allied Health, and many more professions!

Click here to submit a one-page quick-quote application now!


Abram Interstate Insurance Services, Inc. is a California wholesale insurance broker (CMGA) that has licensing and expertise to place business in both admitted and non-admitted markets for personal lines insurance and commercial lines insurance in California and surrounding areas.

Quote Online Today!