- Cambridge, MD
Coverages Designed for the Overlap of Tech with Risk
With over 25 years of experience, we have established expertise in the rapidly evolving world of tech. We understand the risks and challenges of software developers, IT consulting firms, web developers and IT staffing firms to help your clients get the right coverage at a good price. We work with the top carriers every day and help bring together the right coverages so your client has a comprehensive, customized plan for them. Coverages we provide:
- Blended Technology E&O and Cyber
- Executive Lines
- Excess and Surplus Insurance
Understanding the Unique Risks of Technology Businesses
Ironically, information technology has been among the most under-protected industries when it comes its own risk of cyber attack. Early tech E&O policies focused almost exclusively on third-party risk associated with the failure of technology products and servers. As ransomware and other types of attacks became more prevalent across industry sectors, technology firms found themselves exposed to their own first-party exposures in areas such as Cyber Extortion and Business Interruption. We have access to the best markets for the most comprehensive blending of Tech E&O and Cyber. We have a unique understanding of the risks as well as strong relationships with all the major carriers, admitted and non-admitted alike. We help you cover the risks associated with FinTech, MedTech, Biotech and the most forward-thinking technologies of our time.
Knowledge of Contract Compliance to Keep Business Moving
We love details. This gives us the ability to know exactly what types of coverages are necessary to win contracts and keep business. Whether you are a broker for a staffing firm specializing in IT professionals, or, representing a software developer with a product that has the potential for larger exposures, we know how to find and close potential gaps to keep sales and profits moving.
More Than a Resource, an Advocate
Getting the right coverage is only the beginning. From there, we continue to work with you on building better coverage at improved pricing. We help you navigate the claims process as well to help your clients get their claims paid.
Meet our Technology Team
- Deep experience with all types of tech consulting and products
- Understanding of the Tech E&S market
- Long-term relationships with key carriers
- Advocacy throughout the claims process
Related Industries, Products and Programs
RPS offers a wide range of cyber insurance coverages for your clients no matter the industry.
Errors & Omissions Insurance
Errors & Omissions insurance coverage to protect your clients business from negligence, failure to perform and other risks to professional service providers.