Source: BTIS — Professional Liability Programs
BTIS: Technology Companies Insurance Appetite
BTIS can place technology company risks through their professional liability and cyber carrier partners, but tech is not a named specialty the way contractors are. For standard IT consulting, managed service providers, and small software companies, BTIS offers a viable path to coverage. However, agents writing mid-market tech accounts should lead with CNA's EverGuard or Travelers' CyberFirst programs, which offer broader tech-specific E&O forms. BTIS adds the most value for tech companies that fall outside standard carrier appetites — smaller or newer firms that direct carriers may not quote.
Available Lines
| Line of Business |
|---|
| General Liability |
| Professional Liability |
| Cyber Liability |
Premium Range
$2,000-$12,000
Typical annual premium
Target States
All 50 states
Key Features
- Tech E&O placement through professional liability carrier partners
- Cyber liability with data breach response services through specialty markets
- GL coverage for technology companies with minimal physical operations
Limitations
- No dedicated technology industry program — coverage placed through general PL markets
- SaaS companies with complex contractual liability may need direct carrier placement
- Cryptocurrency, blockchain, and AI companies are generally excluded from standard programs
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