Technology & IT Services Insurance
Specialized insurance coverage for technology companies, IT service providers, software developers, and digital businesses across Australia.
Why Tech Insurance Is Essential
Technology businesses face unique exposures from cyber threats, intellectual property disputes, software failures, and professional liability claims. Specialized insurance protects against both digital and traditional business risks.
Australia's technology sector employs over 860,000 people and continues rapid growth, with increasing demand for digital transformation and IT services.
Technology Insurance Coverage
Professional Indemnity
- •Software errors and failures
- •Negligent advice or consulting
- •Project delays and cost overruns
- •Data loss or corruption claims
Cyber Liability Insurance
- •Data breach response and notification
- •Ransomware and cyber extortion
- •Business interruption from cyber events
- •Cyber crime and social engineering fraud
Intellectual Property Coverage
- •Copyright infringement defense
- •Patent and trademark disputes
- •Trade secret misappropriation
- •License and contract violations
Technology E&O Insurance
- •Cloud service failures
- •SaaS downtime and performance issues
- •API and integration failures
- •Third-party service provider errors
Technology Businesses We Cover
Software Development
Custom software, SaaS platforms, mobile apps, web applications
IT Services & Support
Managed services, help desk, IT consulting, system integration
Cloud Services
Cloud hosting, infrastructure services, data centers
Cybersecurity
Security consultants, penetration testing, threat monitoring
Digital Marketing
SEO agencies, social media management, content creators
E-commerce Platforms
Online marketplaces, payment processors, digital storefronts
Telecommunications
VoIP providers, network services, internet service providers
Data Analytics
Business intelligence, data science, analytics platforms
Startups & Scale-ups
Tech startups, venture-backed companies, innovation hubs
Common Technology Claims
Software Defects & Bugs
Coding errors, security vulnerabilities, or performance issues causing financial losses, data corruption, or business interruption for clients.
Data Breaches
Unauthorized access to client data, Privacy Act violations, notification costs, credit monitoring, and regulatory fines from data security failures.
Project Failures
Failed implementations, missed deadlines, budget overruns, or systems not meeting specifications leading to client disputes and claims.
IP Infringement
Copyright, patent, or trademark violations in code, designs, or products resulting in legal action from IP owners.
Protect Your Tech Business
Get specialized insurance coverage designed for technology companies and IT service providers.