Products Professionals & Businesses Technology Professionals Errors & Omissions

Technology Professionals Errors & Omissions

Discover our E&O solution designed for Technology Professionals

**Available for  Ontario Saskatchewan Manitoba Alberta British Columbia Prince Edward Island Nova Scotia  and Newfound Land 

Target

  • Risks with revenues up to $20 million
  • Eligible classes include, but are not limited to:
    • Application service provider/software as a service/cloud provider
    • Consulting/Training/Project management/Staffing
    • Data or records storage, retrieval or back-up/database administration/hardware evaluation, selection and maintenance
    • Software development/installations/sales
    • Systems or network evaluation/design/cabling/support
    • Web design/development/hosting or search engine optimization
  • New ventures are eligible

Coverage

  • Errors and omissions up to $5 million
  • General liability available up to $5 million
  • Business personal property up to $500,000 in most jurisdictions
  • Business income up to $250,000
  • Hired and non-owned automobile coverage up to $5 million

Underwriting norms

  • Defence costs coverage provided outside the limit of liability
  • Broad form endorsement includes coverage for:
    • Media liability
    • Network security liability
    • Privacy liability
  • Available as monoline errors and omissions, and we can consider general liability and property coverages
  • Option available for privacy expense and regulatory defence up to $1 million
  • Full prior acts may be available, even for first time buyers
  • Coverage for independent contractors as insureds when working for the named insured for most
  • Hired and non-owned auto liability available
  • General liability coverage includes options for waiver of subrogation, primary and noncontributory

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