SCM offers the right insurance products to protect your technology business, your employees, and your personal assets. Our technology insurance coverage can cover technology businesses from startup to enterprise. We can help you find the right solution to fit your needs and budget.
Commercial General Liability Insurance
The most common business liability coverage is Commercial General Liability (CGL), which covers claims of bodily injury and property damage. CGL can also cover personal injury, libel, slander and advertising injury.
Professional Liability Insurance
For technology companies, Professional Liability Insurance can cover basic technology errors and omissions. It can also protect agains claims of cyber liability or software copyright infringement.
Errors and Omissions Insurance
Errors and Omissions Insurance, commonly called “E&O”, protects your company from negligence or work that resulted in a financial loss. Your policy can be customized to protect you against the specific risks you face in your business.
Cyber Liability / Data Breach Insurance
In addition to a Professional Liability policy, you may want to consider Cyber Liability Insurance. It protects your technology businesses against claims from loss or theft of data, a data breach, or a privacy breach.
Business Income Insurance
Business Income Insurance helps cover a loss of income if you cannot run your IT, computer or technology business due to covered property damage.
Workers’ Compensation Insurance
If you have employees, many states require a Workers’ Compensation policy. Workers’ Compensation Insurance addresses medical and disability expenses for on-the-job injuries, work-related illness, and company negligence or liability in a work-related injury or illness.
Business Owner’s Policy
A Business Owner’s Policy (BOP) protects your technology business with a combination of three basic insurance coverages: General Liability, Commercial Property and Business Income.
Stan Burns’ Technology Industry Expertise
For over 20 years, SCM has offered innovative insurance products to help businesses protect their assets. In particular, we work with carriers that truly understand the risks and requirements for insuring technology companies. And our team will gladly assist you in making smart decisions about your technology business insurance.