Insurance for software companies.

Technology E&O, cyber, and media liability for software and SaaS companies, plus D&O once investors join the board and coverage for a team that works from anywhere.

What software companies usually carry

Technology E&O
Cyber liability
Media liability
Directors and officers (D&O)
Employment practices liability
General liability
Workers’ comp
Laptops and business property

Watch for these in a software company’s policy

Patent claimsMost tech E&O and media policies exclude patent infringement. Copyright and trademark claims are more often covered.
Cloud outagesWhen your hosting provider goes down, your lost income is dependent business interruption. Many cyber policies limit it, or pay only when a security event caused it.
Uncapped indemnityEnterprise customers push for unlimited indemnity for data breaches. Your policy still stops at its limit, and everything above it is yours.
Code that runs physical thingsIf your software controls equipment, vehicles, or medical devices, bodily injury is usually excluded from tech E&O. That risk needs its own coverage.
Card data and privacy finesFines and assessments tied to card data or privacy laws are often sublimited, and covered only where the law allows.

What customers and investors ask software companies for

Tech E&O and cyber in the contractEnterprise agreements usually name a limit for each, and ask for proof at signing and every renewal.
D&O coverageInvestors usually expect it once they take a board seat, so directors are not personally exposed to shareholder claims.
Employment practices liabilityInvestors often ask for it alongside D&O as the team grows, since hiring and firing claims can reach the founders.

Questions software companies ask

Straight answers.

The questions we hear most, answered plainly.

When does a software company need D&O?

Usually when you take outside money or add outside directors. Claims from investors, regulators, and creditors can name founders personally, and D&O pays their defense.

Does cyber cover ransomware?

Many cyber policies cover extortion demands, data restoration, and lost income from an attack, where the law allows the payment. Most carriers ask about multifactor authentication and backups first.

Our team is remote. Where are they covered?

Workers’ comp must cover each state your people work in, so we need every location. Laptops and gear at home need business property coverage that follows them.