PreferredVerified Q1 2026
Source: biBERK — Information Technology Insurance
biBERK: Technology Companies Insurance Appetite
biBERK has a dedicated IT consultant insurance page, making tech companies a named target class. Their digital-first model appeals to tech-savvy business owners. For small IT consulting firms and tech startups, biBERK offers an affordable entry point for E&O and cyber coverage. For more complex tech E&O needs, CNA's EverGuard and Hiscox are stronger options. biBERK is a direct competitor — agents should be prepared to justify their value when competing.
Available Lines
| Line of Business |
|---|
| General Liability |
| Professional Liability |
| Workers' Compensation |
| Business Owners Policy (BOP) |
| Umbrella/Excess |
| Cyber Liability |
Premium Range
$1,500-$10,000
Typical annual premium
Target States
All 50 states (varies by line)
Key Features
- Dedicated IT consultant insurance page with tailored tech coverage
- Up to 20% savings on tech professional liability and cyber coverage
- E&O covering IT consulting, software development, and technology services
- Cyber insurance add-on for data breach response and security incidents
- Online quoting designed for busy tech professionals who want self-service
Limitations
- Direct-to-business only — not available through independent agents
- Tech E&O forms may not be as comprehensive as CNA's EverGuard or Travelers' CyberFirst
- Large tech companies with complex SaaS or cloud liability exposure may need specialty markets
Compare Other Carriers for Technology Companies
Progressive CommercialStandard
$1,500-$7,000
TravelersPreferred
$3,000-$25,000
CNAPreferred
$4,000-$30,000
HiscoxPreferred
$1,000-$8,000
ERGO NEXT InsurancePreferred
$800-$6,000
The HartfordPreferred
$3,000-$25,000
EMPLOYERS HoldingsStandard
$600-$4,000
AcuityStandard
$2,000-$10,000
Erie InsurancePreferred
$2,500-$15,000
AmTrust Financial ServicesStandard
$2,000-$15,000
BTISStandard
$2,000-$12,000
Pie InsurancePreferred
$500-$4,000