Are you one of many new tech startups? As popular as tech startups are, the smaller in size, the more volatile they are at going bankrupt due to a mishap. This is true for any small business. However, the types of mishaps than can bring down a tech startup are very new, and can be more devastating …
Technology Insurance
How Can a Technology Insurance Company Help My Business?
Technology is a fundamental part of modern business. In the last 30 years, technology has allowed for businesses, both big and small, to run better, faster, and smoother. But with all the benefits and positive changes come the risks. This is where business owners like you should consider getting …
How Do I Protect My Tech Start Up from a Data Breach?
Since 2017, the financial damage caused by data breaches has raised by more than 6 percent. Companies now risk an average loss of $3.86 million for each data breach they encounter. Unfortunately, smaller businesses do not have the resources of larger companies and could face financial ruin if a data …
Does My Cannabis Grow Operation Need Technology Insurance?
Although technology is always changing and evolving, no technical applications are completely foolproof. Businesses in particular are always at risk for security breaches and lost digital information due to human error, misuse of information, or vulnerabilities in the system. If you own a cannabis …
What Does Technology Insurance Cover?
Technology Insurance Explained Technology insurance is a relatively new insurance product that is available to professional technology service providers, such as data storage, website designers, and software developers. Technology insurance is similar to the errors and omissions (E&O) coverage …