middle market technology

Technology

Insurance for mid-sized technology companies

What is technology insurance?

Technology insurance products and services help to protect hardware, software and service providers operating at the cutting edge of the digital frontier.

Technology insurance is designed to respond to the particular risk management needs of technology companies, helping to protect their facilities, their employees and their business from disruption.

 

To learn more about our Middle Market offerings:

> Middle Market

For more information, contact:

> Technology Senior Underwriter

Christelle Chami
Michelle Kuypers

Why Zurich for your technology needs?

Zurich delivers high-tech insurance solutions with the experience, tools and resources needed to help hardware, software and service providers better understand risks and develop effective, forward-looking strategies to mitigate them.

We provide insurance for technology companies that addresses the risks they face today and anticipates the risks they may face tomorrow. Broad professional liability coverage protects customers against E&O claims. Comprehensive cyber coverage and risk services help customers respond rapidly to the impacts of cyber attacks.

Targeted industries

We support mid-sized customers with $25-300 million in annual revenue and early-stage tech companies with under $25 million in revenue backed by equity or capital investments.

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End-to-end multiline and global insurance product

  • Our comprehensive P&C package enhanced to fit the needs of Technology customers
  • Broadened Z-Guard Property and General Liability
  • Also available: Business Income, Equipment Breakdown, Umbrella, D&O, Employment Practices Liability, Fiduciary Liability, Crime, Inland Marine
  • A robust Professional Liability solution via Pro Plus ™ Technology E&O w/ Cyber
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Streamlined service with one point of contact

  • Multiline technology underwriter and risk services, equipped to assess overall risk and enhancing contract certainty between E&O and GL
  • Simplified and consistent insurance-buying process
  • Value-added services including cyber risk assessments through ZRS & seminars
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Breadth of Coverage

Zurich’s Property & Casualty multi-line package provides modular policy structure with all-risk coverage. The Pro Plus™ Professional Liability product includes Technology Errors & Omissions, Cyber, Security, and Privacy liabilities under a single limit, also covering business income disruptions, and social engineering threats.

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Enhanced Coverages

Zurich’s Property & Casualty product offers 45 optional extensions and a Technology Liability extension that provides enhanced contractual language, including automatic AI and broad Named Insured status. Pro Plus ™ enhancements offer Alternative Dispute-Resolution Incentives, Crisis Management Coverage and eDiscovery Services.

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Streamlined Service, Claims & Technical Excellence

Zurich’s Multiline Technology underwriters serve as one point of contact, providing streamlined and personalized service, and are well equipped to assess the Technology customer’s overall risk across a broad spectrum of exposures and insurance lines. Zurich’s in-house claims teams specialize in the risk exposures unique to the Technology.

Pro Plus ™

Professional Liability and Cyber Solutions in one packaged product. Zurich provides real solutions for mid-sized technology manufacturers, consultants, and service providers. Broad professional liability coverage protects customers against E&O claims. Comprehensive cyber coverage and risk services help customers respond rapidly to the impacts of cyber attacks.

Capabilities

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  • Pro Plus™ policy provides Technology, Media, and Cyber on a single policy form.
  • Enhancements include Alternative Dispute-Resolution Incentives, Crisis Management Coverage and eDiscovery Services.
  • Zurich Resilience Solutions’ (ZRS) offers cyber security engineering (Gap Analyses, Incident Response and Virtual CISO and more).
  • Claims professionals strategically located in all regional offices across Canada