Professional Liability Insurance Throughout New York
Technology Company Professional Liability Insurance in Bayside and New York, NY
Protecting Technology Companies In Bayside And The East Coast Against Risk
Whether it’s a glitch in software that causes the loss of a month’s worth of billing data or cloud-based data services that fail to back up critical data that cannot be recreated, the risks that technology companies face are many. These risks can result in lawsuits, which can be costly, and for this reason technology companies need protection. Insurance provides necessary protection, and at JFA Insurance Brokerage & Associates, Inc. we have comprehensive technology company professional liability insurance options.
We work with A-rated carriers in order to provide the best possible technology company professional liability insurance. We’ve insured technology companies for years and we know technology industries, and for this reason we’ll ensure that you have the insurance that you need. We’re dedicated to the clients we serve, and understand your needs, which enable us to provide you with superior coverage at competitive premiums.
Technology Company Professional Liability Insurance Coverage Details
Professional liability insurance is an essential part of any technology company’s insurance policy, plan, or package. It covers two basic risks: the financial loss of a third party that arises from the failure of a technology company’s product to perform adequately and the financial loss of a third party that results from an act, error, or omission in the course of a technology company’s performance. In most cases, a commercial general liability (CGL) policy does not cover these risks, and for this reason almost all technology companies need professional liability insurance.
There are many coverages that can be selected for a technology company professional liability insurance policy, plan, or package, and we’ll help you select the coverages that are right for you. We’ll also ensure that the solution that you purchase is fitting.
The coverages from which you can choose include but are not limited to:
Breach of warranty or representation coverage with no contractual liability exclusions
First party data privacy and cyber extortion expense coverage
Working with our specialist, you may be eligible for additional benefits. To learn about these benefits, speak with an agent.
Experienced, Skilled Agents Keeping You And Your Technology Company Secure
We take a hands-on and detailed approach to serving clients, and this means that we not only thoroughly assess clients’ needs through one-on-one consultations but also educate clients about the coverages that the clients purchase. After assessing clients’ needs we identify the right coverages, and once the right coverages are identified, we create the best possible solutions.
We review policies and plans before renewals, and we explain coverages to clients in ways that enable the clients to fully understand the insurance that they purchase. For these reasons, coverages are always current and clients can make the best possible decisions regarding their insurance.
Contact us or call us today. You can start on a policy by requesting a quote.
Additional Technology Company Professional Liability Insurance Information:
· Technology Company Professional Liability Insurance Information and Resources (The International Risk Management Institute (IRMI))
· Small Business Insurance Details and Resources (The Insurance Information Institute (III))
· Small Business Insurance Facts and Resources (The National Association of Insurance Commissioners (NAIC))
We’re proud to provide technology company professional liability insurance in Bayside, New York, and Brooklyn, NY, and in Philadelphia, PA. We provide technology company professional liability insurance in Stamford, CT, and in Clifton, NJ, and we also serve other areas in New York, Pennsylvania, Connecticut, and New Jersey. We also serve other states.