Technology

Tailored coverage for the ever-evolving risks of the tech landscape.

At BlueStone Advisors, we provide specialized insurance solutions tailored for technology firms.

Our extensive coverage options address the unique risks faced by software developers, IT service providers, and tech startups.

Why It Matters

The technology sector is characterized by rapid innovation and evolving challenges, from cybersecurity threats to intellectual property disputes. Our expertise ensures that your firm is prepared for risks such as data breaches, software liability, and regulatory compliance. For over 25 years, we have supported technology firms in protecting their assets, employees, and client relationships.

Key Risks to Protect Against

Based on claim data compiled by the insurance industry, the unique risks associated with the technology industry are:

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The Big Picture

In the fast-paced world of technology, understanding the interconnectedness of product development, client trust, and legal obligations is crucial. Most technology executives are hyper-focused on scaling their company and benefit from a trusted partner who will handle the insurance and risk management, allowing their focus to remain on scaling. Our insights into industry trends, benchmarking, and risks empower you to make informed decisions that enhance your firm’s resilience and scalability.

The Bottom Line

Our comprehensive coverage includes essential options like professional liability, cyber liability, directors and officers, general liability, workers compensation, IP, property, international, and more. We also offer cybersecurity and human resource services to meet the diverse needs of technology firms, ensuring your business is safeguarded against both current and emerging risks. By implementing effective risk management strategies, we help you reduce premiums and protect the balance sheet.

The Upside for You

With extensive experience serving the technology sector and consultative approach, you benefit from sophisticated risk mitigation strategies that protect your firm and lower costs. Our dedicated claims handling team provides prompt support when you need it most, allowing you to focus on innovation and client service. We work collaboratively to help you navigate challenges like software failures, data security breaches, and compliance issues, all while fostering a secure and innovative work environment.

5 Ways BlueStone Advisors Can Help Limit the Cost of Your Technology Insurance

By implementing these strategies, brokers can effectively assist technology companies in managing their insurance costs while ensuring they have the necessary coverage for their operations.

Our Solutions

Partner with us to help scale your technology firm’s growth trajectory.

Network Liability

  • Virus
  • Hacking
  • Denial of service attack
  • Denial of access
  • Administrative error
  • Transmission of computer virus to third party

Electronic Media Liability

  • Defamation
  • Libel and slander
  • Product disparagement and trade libel
  • Violation of rights privacy
  • Misappropriation and plagiarism
  • Infringement of copyright, title, and trademark

Technology E&O

Any alleged negligent act, error, or omission committed in rendering of failing to render technology services to others in the ordinary course of business.

Business Income Loss & Dependent Business

  • Income Loss
  • Earnings Loss

First Party Expenses

  • Investigative and forensic expenses
  • Public relations expense
  • Restoration cost
  • Credit monitoring
  • Expenses loss

Employment Practice Liability

  • Sexual harassment
  • Wrongful termination
  • Discrimination
  • Failure to hire, promote, retain, or supervise
  • Wage and hour disputes
  • Libel and slander