Insurance Program Results
Complicated by Cloud Computing
Crittenden Insight |
Crittenden Insurance Program Directory™ |
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Technology E&O Program Appetites |
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Carrier (Administrator) |
Appetite/Preferred Accounts/Limit Capacity |
Distribution/Access |
Crittenden’s Customer |
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Beazley Group |
Software companies, system integrators, technology outsourcers, technology consultants, internet services, combined hardware/ |
Brokers |
5 Stars |
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Philadelphia Insurance Cos. |
Light assembly, telecommunications, computer hardware and pre-packaged software distribution, programmers and IT consultants, data processing schools and computer training facilities, government contractors in IT consulting, programming, systems integration, telecom, and data shortage. Limits up to $15 million for select risks. |
Independent Agents |
5 Stars |
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Berkley Technology |
Information technology including equipment, devices and distributors and programming, software and services; telecommunication services; clean energy technology. |
Brokers and Agents |
5 Stars |
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CapSpecialty Inc. |
Small to midsize companies including application service providers, telecommunications, consultants, graphic designers, internet providers, software development/designers, system analysis, hardware/software value added resellers, website hosts or owners, website designer/developer, graphic designers, etc. Limits up to $5 million. |
Wholesalers |
3 Stars |
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Lloyd’s of London (CFC |
Technology companies of all sizes. E&O, cyber and privacy liability. Limits up to $10 million. |
Brokers |
3 Stars |
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Admiral Insurance Co. |
Technology professionals. Specializes in difficult-to-place business. Limits up to $5 million. |
Wholesale Brokers |
5 Stars |
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Arch Insurance Co. |
Technology firms. Limits up to $10 million. |
Select Retail and Wholesale Producers |
4 Stars |
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XL Catlin |
All types of technology companies including, but not limited to service providers, product manufacturers, telecommunications and internet companies. Tends to write companies with $10 million revenue and up. Limits up to $10 million with another $10 million available through Bermuda. |
Brokers (Open) |
5 Stars |
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ACE USA |
Broad appetite for technology-related businesses with revenues under $25 million including but not limited to software consulting and development, computer network services, hardware and software sales, technology training, web development, internet services, telecommunications, and IT staffing. E&O limits up to $5 million. |
Appointed Agents |
5 Stars |
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Allied World Assurance Co. |
Middle and large market companies offering technology consulting and other professional services. Limits up to $25 million primary or excess. |
Agents and Surplus Brokers |
4 Stars |
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Navigators Management Co. Inc. |
Technology companies including software, web services and IT consulting and staffing. Limits up to $10 million primary and excess. |
Brokers (Open) |
4 Stars |
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CNA |
Broad appetite from small tech startups with no revenue to large tech companies with billions of dollars in revenue. It insures companies across cloud services, traditional software and IT services, electronics manufacturers, telecommunications, media, and technology product distribution, among others. Limits up to $10 million. |
Brokers and Agents |
5 Stars |
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OneBeacon Insurance Group |
Information technology, medical technology, integration centers, instrument manufacturers, telecommunications, clean tech/solar, electronic manufacturing. Two tech errors and omission products include @vantage (claims-made and reported) and @dvantage Plus (claims made with enhancements). Professional liability also available up to $10 million. |
Brokers and Agents |
3 Stars |
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Hiscox USA |
Small startups to large corporations, including but not limited to software companies, security software, cloud computing, games developer, IT staffing and training, mobile application developer, SEO optimization services, software developer/publisher, telecommunications, web hosting, value-added reseller, technology consultants. Can offer streamlined underwriting for select classes with under $1 million in revenue. Limits up to $10 million. |
Retail and Wholesale Brokers |
4 Stars |
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AXIS Insurance Co. |
Application service providers, technology consultants, internet and digital media services, network security services, electronics manufacturers, search engines, network developers/ managers/consultants, website developers, software developers, telecommunications, IT services. Limits up to $20 million. |
Brokers |
4 Stars |
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RLI Corp. |
Information technology businesses. Limits up to $5 million for E&O and standard aggregate limits of $100,000 and $250,000 or higher for cyber. |
Select Brokers |
4 Stars |
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Hudson Insurance Group (Hudson Professional |
Technology companies. Limits up to $10 million. |
Retailers and |
3 Stars |
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Lloyd’s of London (CRC |
U.S.-domiciled companies with annual revenue under $100 million. Limits up to $15 million. Program administrator also offers product for mobile app and game developers with limits up to $10 million. |
Agents |
5 Stars |
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Source: Crittenden Research Inc.™ |
ExecSuite
Administered By: Monitor Liability Managers
Distribution: Carrier Direct
Industries: |
Biotech, Directors & Officers (D&O), Manufacturers/Manufacturing Risks, Technology Risks |
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Carriers: Admiral Insurance Co., Berkley Insurance Co.
Coverage: Crime, Directors & Officers (D&O), Employment Practices Liability (EPL), Excess, Fiduciary Liability, Umbrella/Excess
Limits: up to $5 million (Primary or Excess Available.)
AFB Media Tech®
Administered By: Beazley
Distribution: Direct/Broker
Industries: |
Application Service Providers (ASPs), Computer Networks, Data Processing & Management, Digital & Software Development, Internet Service Providers (ISPs), Manufacturers (Hardware), Marketing & Advertising (Online), Project Managers/Project Management, Staffing Agencies, Technology Risks, Telecommunication Services, Web Hosting |
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Carriers: Beazley Insurance Co. Inc.
Coverage: Cyber Liability, Errors & Omissions (E&O), Excess, Media Liability, Privacy Liability/Notification Expense, Professional Liability, Umbrella/Excess
Limits: up to $20 million
Integrated Technology
Administered By: Philadelphia Insurance
Distribution: Carrier Direct
Industries: |
Computer Networks, Data Processing & Management, Digital & Software Development, Technology Risks, Telecommunication Services |
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Carriers: Philadelphia Insurance Co.
Coverage: Commercial Auto, Commercial Property, Cyber Liability, Errors & Omissions (E&O), General Liability, Media Liability, Network Security Liability, Package, Umbrella/Excess
Limits: up to $15 million (For Select Risks)
Technology Professional Liability
Administered By: Berkley Technology Underwriters
Distribution: Carrier Direct
Industries: |
Technology Risks |
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Carriers: Berkley Insurance Co., StarNet Insurance Co.
Coverage: Cyber Liability, Errors & Omissions (E&O), Excess, Umbrella/Excess
Limits: up to $25 million (Professional Liability)
Converging Risk
Administered By: ThinkRisk
Distribution: MGA
Industries: |
Advertising/Printers/Authors, Computer Networks, Financial Institutions, Private Companies, Public Companies , Real Estate Agent/Broker, Technology Risks, Title/Escrow Agents |
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Carriers: Lloyd's of London
Coverage: Crime, Cyber Liability, Errors & Omissions (E&O), Media Liability
Limits: up to $10 million (Primary)
CapTMC
Administered By: CapSpecialty
Distribution: MGU
Industries: |
Technology Risks |
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Carriers: Capitol Specialty Insurance Corp.
Coverage: Cyber Liability, Errors & Omissions (E&O), Media Liability, Privacy Liability/Notification Expense
Limits: up to $10 million
Enterprise PrivaProtector 9.0
Administered By: Ironshore
Distribution: Direct/Broker
Industries: |
Consultants/Consulting Risks, Contractors, Financial Institutions, Healthcare Systems, Hospitality (Hotels/Motels), Manufacturers/Manufacturing Risks, Public Entities, Retail, Technology Risks |
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Carriers: Ironshore Inc.
Coverage: Business Income/Extra Expense, Cyber Liability, Data Security, Media Liability, Network Security Liability, Privacy Liability/Notification Expense, Regulatory Liability
Limits: up to $5 million
TECH
Administered By: CFC Underwriting
Distribution: MGA
Industries: |
Technology Risks |
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Carriers: Lloyd's of London
Coverage: Errors & Omissions (E&O), Excess, Umbrella/Excess
Limits: zero - $10 million (A range of reinstatement options available. Deductibles starting at $1,000 and premiums beginning at $500. )
AdmiralPro Delta TEC
Administered By: Admiral Insurance Group
Distribution: Direct/Broker
Industries: |
Technology Risks |
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Carriers: Admiral Insurance Co.
Coverage: Business Interruption, Cyber Liability, Data Security, E&O, Media Liability, Network Security Liability, Privacy Liability/Notification Expense, Regulatory Liability
Limits: up to $5 million (Program)
ARCH NetSafe
Administered By: Arch Insurance Group
Distribution: Direct/Broker
Industries: |
Financial Institutions, Retail, Technology Risks |
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Carriers: Arch Insurance Co.
Coverage: Business Income/Extra Expense, Cyber Liability, Media Liability, Network Security Liability, Privacy Liability/Notification Expense
Limits: up to $10 million
Cyber & Technology Insurance
Administered By: XL Catlin
Distribution: Direct/Broker
Industries: |
Technology Risks |
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Carriers: XL Catlin Insurance Co., Inc.
Coverage: Business Interruption, Data Security, Errors & Omissions (E&O), Excess, Kidnap, Ransom & Extortion (KRE), Media Liability, Network Security Liability, Professional Liability, Umbrella/Excess
Limits: $500,000 - $10 Million (Professional Liability)
E&O For Tech/Media/Telecom
Administered By: XL Catlin
Distribution: Direct/Broker
Industries: |
Accountants & Accounting Services, Colleges & Universities, Digital & Software Development, Distribution Risks, Energy Companies, Financial Institutions, Healthcare Systems, Insurance Agents, Lawyers, Manufacturers (Hardware), Manufacturers/Manufacturing Risks, Real Estate Agent/Broker, Retail, Technology Risks, Telecommunication Services |
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Carriers: XL Insurance Co.
Coverage: Cyber Liability, Data Security, Errors & Omissions (E&O), Excess, Network Security Liability, Privacy Liability/Notification Expense, Umbrella/Excess
Limits: up to $10 million
(iPRP) Information & Professional Risk PlaybookSM
Administered By: Argo Pro
Distribution: Direct/Broker
Industries: |
Technology Risks |
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Carriers: Argo Group US Inc.
Coverage: Business Income/Extra Expense, Cyber Liability, Data Security, Excess, Media Liability, Network Security Liability, Professional Liability, Umbrella/Excess
Limits: Up to - $10 Million (Professional Liability ), Up to - $5 Million (Privacy, Security)
Miscellaneous Professional Liability
Administered By: U.S. Risk
Distribution: MGA
Industries: |
Accountants & Accounting Services, Appraisers , Architects & Engineers (A&E), Auctioneers, Collections/Repossession Risks, Directors & Officers (D&O), Notary Public, Security/Investigation/Alarm Systems, Technology Risks, Third-Party Administrators (TPAs) |
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Carriers: Admiral Insurance Co., Lloyd's of London
Coverage: Business Owners Policy (BOP), Directors & Officers (D&O), Employment Practices Liability (EPL), Excess, Professional Liability, Umbrella/Excess
Limits: up to $5M (Professional Liability Policy), up to $2M (Employment Practices Policy)
Privacy // 403 SRVS PRO
Administered By: Allied World
Distribution: Direct/Broker
Industries: |
Technology Risks |
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Carriers: Allied World Assurance Co.
Coverage: Cyber Liability, Errors & Omissions (E&O), Media Liability, Privacy Liability/Notification Expense
Limits: up to $25 million (Primary/Excess)
SafetyTek
Administered By: Stuckey &Co.
Distribution: MGA
Industries: |
Computer Networks, Digital & Software Development, Internet Service Providers (ISPs), Technology Risks, Telecommunication Services, Web Hosting |
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Carriers: ACE USA
Coverage: Commercial Property, Cyber Liability, Employment Practices Liability (EPL), Errors & Omissions (E&O), General Liability, Network Security Liability, Privacy Liability/Notification Expense, Workers' Compensation
Limits: up to $5 million (Tech E&O)
Technology Professional Liability
Administered By: Navigators Management Co. Inc.
Distribution: Carrier Direct
Industries: |
Technology Risks |
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Carriers: The Navigators Group Inc.
Coverage: Cyber Liability, Media Liability, Professional Liability
Limits: up to $10 million (Primary or excess)
ACCEPT Protect
Administered By: Allianz Global Corp. & Specialty
Distribution: Direct/Broker
Industries: |
Miscellaneous Risks, Technology Risks |
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Carriers: Allianz Global Corp. & Specialty
Coverage: Cyber Liability, Errors & Omissions (E&O), Professional Liability
Limits:
ACE DigiTech®: Digital Technology and Professional Liability
Administered By: Chubb Ltd. (Formerly ACE Group)
Distribution: Carrier Direct
Industries: |
Data Processing & Management, Digital & Software Development, Technology Risks |
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Carriers: ACE Group
Coverage: Cyber Liability, Errors & Omissions (E&O), Excess, Media Liability, Professional Liability, Umbrella/Excess
Limits: up to $15 million
CNA Connect
Administered By: CNA
Distribution: Carrier Direct
Industries: |
Beauty Salon/Barber Shop, Opticians, Pet Care/Pet Services, Small Businesses, Technology Risks, Veterinarians/Veterinary Risks |
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Carriers: CNA Insurance Cos
Coverage: Additional Insured, Blanket Limit, Equipment Breakdown, Business Income/Extra Expense, Business Owners Policy (BOP), Business Personal Property/Business, Commercial Property, Crime, Cyber Liability, Employment Practices Liability (EPL), Fiduciary Liability, General Liability, Professional Liability
Limits: up to $25,000 (Identity Theft/Recovery), $10,000 - $500,000 (Employment Practices/Fiduciary Liability), up to $25,000 (Fine Arts), up to $2 million/ $4 million (General Liaibility), $25,000 - $1 million (Employee Dishonesty), up to $25,000 (Computers Off Premises (worldwide)), $10,000 - $1 million (Business Income & Extra Expense, Dependent Property), $25,000 - $1 million (Forgery & Alteration)