Technology errors and omissions insurance tech E&O
Term · Insurance and risk management · MLC-T-INS-003289
A specialized form of professional liability coverage designed for technology companies and professionals. It protects against claims arising from errors, omissions, or negligence in their technology products or services, such as software failures, system downtime, or data breaches. This insurance addresses the unique risks associated with technology, which are not typically covered by general liability policies.
| Identifier | MLC-T-INS-003289 |
|---|---|
| Field | Insurance and risk management |
| Subject | Cyber and Privacy Liability |
Record as JSON
{
"id": "MLC-T-INS-003289",
"term": "Technology errors and omissions insurance tech E&O",
"field": "Insurance and risk management",
"definition": "A specialized form of professional liability coverage designed for technology companies and professionals. It protects against claims arising from errors, omissions, or negligence in their technology products or services, such as software failures, system downtime, or data breaches. This insurance addresses the unique risks associated with technology, which are not typically covered by general liability policies.",
"subject": "Cyber and Privacy Liability",
"url": "https://mlchart.com/terminology/insurance/technology-errors-and-omissions-insurance-tech-e-and-o/"
}
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