Information Technology Insurance
Protect your digital future with information technology insurance
The information technology (IT) industry enables seamless digital integrations across billions of devices and systems globally. Yet, in today’s fast-paced digital world, unexpected disruptions can wreak havoc on a business’s operations and, ultimately, its bottom line.
Ensuring long-term IT business success means managing risks with solutions specifically designed for the technology sector. An insurance partner like Travelers, with expertise in technology errors and omissions, cyber insurance, global insurance and more technology risk mitigation solutions, can help businesses remain safely on the path of innovation. Leverage Travelers’ industry expertise to help you navigate the risks and complexities of the digital landscape.
Information technology insurance products we offer
Our information technology insurance products and services, including property and liability, errors and omissions, and cybersecurity insurance, are designed to meet the changing needs of the IT industry.
Our experienced underwriters understand the emerging and complex risks unique to IT companies. With more than four decades underwriting technology businesses, Travelers can help you manage risks so you can stay focused on creating the innovative products and services that solve business challenges and expand interconnectivity worldwide.
Who is IT insurance right for?
The information technology industry is responsible for building and maintaining communications networks and safeguarding data and information impacting all aspects of society. The industry encompasses software developers and platforms, technology consultants, IT staffing companies and network integration.
Software developers and platforms
Software development companies, responsible for creating software applications and computer systems for data solutions, mobile apps, AI and infrastructure, encounter risks ranging from errors, omissions and negligence to product failure. These vulnerabilities can lead to operational setbacks and legal liabilities.
Tech consultants and IT staffing companies
Tech consultants and IT staffing companies, focused on optimizing how businesses use and deliver technology, are exposed to various risks. These include customer claims related to mistakes, negligence or failure of products to perform as promised, which can lead to costly disputes and reputational damage.
Network integration services
Network integration service providers, responsible for connecting networks, devices and data from various sources into unified systems, face growing risk from cybersecurity threats. The rising potential for data breaches and operational disruptions poses challenges to their ability to provide customers with secure and reliable systems.
Our portfolio of insurance offerings for IT companies includes:
- Cyber insurance: Travelers CyberRisk Tech insurance provides important coverage for IT businesses to help protect them from errors and omissions or cyber claims through a variety of coverage options.
- Global insurance: Travelers Global CompanionSM Plus+ insurance helps protect electronics manufacturers with global exposures. Backed by Travelers’ expertise, it is designed to meet a wide range of international insurance needs in over 150 countries worldwide.
- General liability: Provides your IT business with essential protection against costs in the event someone makes a legal claim against it for bodily injury or property damage.
- Commercial property: When a loss disrupts or even temporarily shuts down your business, Travelers’ commercial property insurance can help cover the costs and provide support to get your business back up and running.
- Workers compensation: Travelers workers comp empowers businesses with a host of proprietary services that support positive outcomes for employers and employees after a work-related injury or disease.
- Commercial auto: Whether you have employees driving occasionally to an off-site meeting or a fleet of drivers delivering products to customers every day, Travelers can help protect your business on the road.
- Umbrella: Delivers extra protection for businesses when significant claims exceed the limits of their existing liability coverage.
Your Travelers representative can help you choose a coverage solution based on your company’s unique risk profile.
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