Technology Services Insurance in Rochester and Pittsford, NY
Reverting Tech Companies in Rochester from Risk
Advances in technology happen at a rapid pace. Although this makes for an exciting industry, it also creates ever-changing exposure to risks. Innovative insurance solutions are necessary to mitigate potential loss.
At Paris-Kirwan Associates, Inc., we stay updated on developments within the technology industry. This close attention promotes effective insurance policies. You focus on imagination, while we anticipate coverage needs. From an initial idea to product production, our agents and staff are proud to be part of the creative journey.
Technology Services Insurance Coverage Details
Every client brings different needs to the table. This is especially true for technology companies. As an independent insurance agency, we have the ability to accommodate individuality. The insurance solutions we create for one business may not work for another business. However, we enjoy the challenge of determining appropriate coverage.
Errors and omissions (E&O) insurance is frequently selected by our tech clients. A specialized liability protection package, it defends businesses against lawsuits regarding negligent acts, including errors and omissions carried out during business activities. These oversights often result in financial loss. For technology companies, E&O insurance is essential for safeguarding paid services.
Electronic data processing (EDP) insurance is a common recommendation among agents. This coverage entails security for computers, computer programs, and data.
With the looming threat to data security, our network privacy and security breach insurance package is also recommended. Customers trust businesses with their personal information, and businesses have a duty to protect this intelligence. However, circumstances such as computer hacking and data compromise are growing concerns. Ultimately, network privacy and security breach insurance reimburses costs if these scenarios occur.
The coverages we offer are not limited to the selections mentioned above. Our offerings include but are not limited to:
- General Liability
- Business Income
- Professional Liability
- Boiler & Machinery
- Inland Marine
- Errors & Omissions
- Electronic Data Processing
- Directors & Officers
- Employment Practices Liability
- Workers Compensation
- Business Auto
Detailed Agents Dedicated to Your Business
We’ll begin our process with careful analysis of your technology and overall business structure. From daily operations to long-term plans, this knowledge allows agents to customize policies. Once requirements are determined, we shop for coverage from a marketplace of trusted insurance providers. This step confirms established, national carriers back each policy written.
A timeline is then developed so we can stay updated with projected business developments. Our service doesn’t end once the policy is in place. Instead, we continue monitoring coverage and ensuring rates are competitive.
- Technology Errors and Omissions Insurance Defined (International Risk Management Institute (IRMI)
- Information Regarding the Growth of Cyber Risk (Insurance Information Institute (III))
- New York Technology Events and Materials (New York Technology Council (NYTECH))
At Paris-Kirwan Associates, Inc., we’re proud to provide technology services insurance in Rochester, Victor, Pittsford, Brighton, Webster, and Fairport, NY. We are licensed to serve New York, New Jersey, Pennsylvania, and more.