In today’s fast-moving digital landscape, having the right insurance coverage is more critical than ever. Technology firms face a wide range of unique risks, from cybersecurity threats to errors in software development, and Admiral has been leading the way in providing coverage since the late ‘90s. As one of the first companies to enter the tech insurance space, we’ve built a reputation for understanding the evolving needs of technology businesses and creating market-leading coverages that truly protect them.
Bundling Tech E&O & CGL? Absolutely
Many technology businesses wonder whether they can bundle Technology Errors and omissions (Tech E&O) and Commercial General Liability (CGL) coverage. The answer is simple: yes! Admiral makes bundling these policies simple and provides the availability for claims-made or occurrence triggers.
Custom Policies for Niche Tech Firms? You Bet
Not all tech businesses fit neatly into a standard insurance form. That’s where Admiral’s expertise comes in. Our newly improved base form has what most tech risks need built right in, but we also offer the ability to manuscript coverages and adjust language to ensure businesses with unique exposures are fully protected. We have solutions designed to fit, whether it’s traditional companies such as payment processors, service providers, technology staffing firms, security consultants, or companies working in emerging fields like machine learning and generative AI.
What About AI Software? We’ve Got That Too
Artificial intelligence is transforming industries, and businesses developing AI-powered technologies need confidence that their insurance coverage keeps up. Admiral’s revamped form has affirmative coverage for AI, machine learning, and generative AI softwares, ensuring companies involved in this space have the security they need.
As we refined our form, we spoke directly to brokers and identified AI coverage as a growing need in the marketplace. Because Admiral has always been at the forefront of insurance innovation, we took the lead in designing a policy that meets their demands.
At Admiral, we pride ourselves on being pioneers in tech insurance, constantly evolving to address the challenges technology businesses face. Whether it’s bundling policies, customizing coverage, or protecting AI innovations, we’re committed to providing top-tier protection with expert insights.
What truly makes Admiral’s TEC coverage the best in its class, however, is our team of industry experts who support our brokers and their clients. Not only do we provide expert analyses of risk exposures that can help lead to risk mitigation strategies and lower premiums–we provide a 24/7 breach response service that guides clients through the breach response process, helping companies minimize the damage, comply with regulations, and protect their reputations.
AdmiralPro™ TEC provides custom, industry-leading E&O and cyber liability insurance solutions for a broad range of technology companies. If you are a retail insurance broker, locate an Admiral wholesale partner. If you are a wholesaler, contact us about becoming a premier partner.
