The Tech PI Insurance Market
The IT and Software industries are now arguably the largest buyers of PI insurance policies simply by the number of policyholders, estimated between 150,000 - 200,000.
From small freelance contractors to global technology giants, they all need insurance protection as the professional risks faced by companies in IT services are constantly growing.
Recognising the market growth, many insurers now target the IT and Software sector and we have a range of products to suit the needs of this rapidly growing industry.
Why Professional Indemnity Insurance
The need to keep pace with change has driven all modern day organisations to use increasingly complex technology for their business solutions. Their reliance on these systems and services means bigger problems - and bigger claims against the tech providers.
Professional negligence claims against IT and Software firms range from £ 100s to £ millions and professional indemnity insurance is there to provide vital protection when things don't go according to plan.
Your Choice Of Cover
Professional indemnity insurance is a complex area and getting it right is important if you want to secure the best premium and more importantly, the correct policy for your type of business. Just because a smart looking policy document might say 'Professional Indemnity Insurance for IT and Software Firms' on it's cover, it certainly doesn't means it's suitable for every type of IT and Software Engineering business.
Free Expert Advice
So get some free expert advice. We arrange professional indemnity insurance protection for a wide range of services in the IT and Software engineering sector. These include software designers, cloud services, network security, cyber protection, social media, email and desk-top support services etc etc. It's a long list.
Read our guide on How to Avoiding IT Contract Disputes.
Our expertise will underpin your professional indemnity insurance cover and strengthen the protection of your business. Our specialist service includes:
- Competitive quotations
- A rated insurance companies
- Excellent cover
- Claims management
- Reduced premiums for new-start IT and Software firms
For a chat or a no-obligation quote please call us on 0345 251 4000 or email email@example.com.