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AXIS INSURANCE SERVICES, LLC: E&O Coverage for the Technology Industry

Errors & Omissions (E&O) insurance for the technology industry is designed to cover the financial loss to a company’s customer as a result of an error or omission in the service or product supplied to the customer. Lawsuits commonly arise due to disputes over the scope of a project, delays, security issues, miscommunication, or the quality of the work you’ve delivered. For example, a customer sues a software development company because they are dissatisfied with the performance of the product or the customer’s expectations were higher than the capabilities of the product.

Tech E&O insurance will step in and pay the attorney fees to defend the suit, court costs, settlements or judgments, and miscellaneous lawsuit expenses. This professional liability coverage not only safeguards your bottom line but also protects your reputation – one of the most valuable assets you have in the tech world.

Addressing Professional Liability Risks

Axis Insurance Services, LLC specializes in E&O insurance for the technology industry providing customized solutions to address its unique challenges and exposures. E&O coverage can be designed to cover lawsuits as a result of client data security incidents; missed deadlines; integration problems, data loss; and usability, compatibility, and other productivity issues. We also can help you minimize your exposures with strong risk management practices.

 

Product Overview

  • IT Consultants
  • Computer Support Training
  • Computer Software Developers
  • Data Processing/Hosting
  • Network Systems – Maintenance/Installation Providers
  • Tech Professionals such as Web Designers
  • Credit Card Processors

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PRODUCTS

Tail Coverage Insurance

For nearly two decades, the insurance professionals at Axis Insurance Services, LLC

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Professional Liability Insurance (E&O)

Professions

As specialists in Professional Liability insurance, Axis Insurance Services, LLC offers Errors & Omissions Liability insurance products to almost any industry

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Professional Liability Insurance (E&O)

Insurance

Just as managing a client’s professional liability exposure properly is critical, insurance agencies must also ensure that their own Errors & Omissions (E&O)

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Professional Liability Insurance (E&O)

Legal

As an attorney or law firm, you’ve been on both sides of the table: defending professionals and their work in disputes

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Professional Liability Insurance (E&O)

Real Estate

As one of the nation’s largest independent firms writing Commercial Real Estate E&O insurance, we provide a unique perspective in this risk.

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Professional Liability Insurance (E&O)

Technology

Errors & Omissions (E&O) insurance for the technology industry is designed to cover the financial loss to a company’s customer as a result of an error or omission

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Professional Liability Insurance (E&O)

Healthcare/Medical

The healthcare and medical sectors have undergone major changes in the last decade due to increased regulation and oversight

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Professional Liability Insurance (E&O)

Architects & Engineers

Architects and engineers are increasingly seeing more professional liability lawsuits today with allegations that an error or omission in the work

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Professional Liability Insurance (E&O)

Financial Institutions

As a leading provider of Professional Liability insurance products, Axis Insurance Services, LLC provides financial institutions

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Professional Liability Insurance (E&O)

Consulting

As a consultant, your clients look to you to provide advice and recommendations based on your expertise and years of experience.

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Professional Liability Insurance (E&O)

Media

Creators of media content produce and market everything from ads, scripted and reality television programs, films and newspapers to Internet articles and blogs.

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Professional Liability Insurance (E&O)

Mortgage Bankers & Brokers

Our Mortgage Bankers errors and omissions insurance (E&O) programs are specifically tailored to each mortgage banker or broker.

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Professional Liability Insurance (E&O)

Miscellaneous Services

It’s inevitable that at some point in a company’s lifespan an error will occur that will cause financial damage or loss to a client.

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Professional Liability Insurance (E&O)

Resources

Following is information for greater insight into the need for Professional Liability insurance and risk management:

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Professional Liability Insurance (E&O)

Claims Scenarios

Following are several Professional Liability/E&O claims representing different professions.

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Professional Liability Insurance (E&O)

Construction

Construction Professional Liability Insurance can provide coverage for firm in the event of a lawsuit brought against it for claiming negligence in providing

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Contact us about our tailored cyber liability
and privacy & network security solutions.

How can we help you?

Your E&O Protection Is On Our Agenda

Our mission is to help customers identify and prioritize their Professional Liability insurance needs, provide the most competitive coverage options available, and offer superior customer service. Each and every business has a distinctly unique set of products or services. We are committed to offering flexible and intelligent coverage solutions tailored to meet our customers’ needs. Put our experience and expertise to work for you. Give us a call at (201) 847-9175.

Your E&O Protection Is On Our Agenda
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