Business Insurance for Technology Services
Get comprehensive business insurance for your technology services business.
THREE by Berkshire Hathaway makes insurance easy for business owners in the technology and IT industry. In a technology-first world, the risks that present themselves to tech companies are large. THREE Insurance was created so you can focus on scaling your business while we keep things running smoothly.
We want you to take advantage of the opportunities that come along for your business. So if you decide to license your software, create an online programming course, start a repair service, or just about anything else you can think of, give us a quick call and we’ll update your coverage. No additional policies needed.
Comprehensive insurance for technology services
Protect your Property
From laptops to servers, a significant portion of your business’s critical property is electronic. This means your business and your productivity are in jeopardy in the event of a fire, water damage, theft, and more. THREE’s property insurance will help to cover the costs of damaged equipment and inventory and the cost of business interruption if you have to briefly shut down.
Protect your Operations
As technology becomes increasingly complex and sophisticated, so do the threats that businesses face such as advanced phishing attacks and more knowledgeable hackers. Businesses and organizations in the technology services industry need to be prepared with cyber insurance, to manage and mitigate the damage that comes with cyber attacks and risks. THREE’s Cyber coverage is automatically included in your policy, so your business can be protected from the expense of response and remediation.
Errors and Omissions Insurance
Professional Liability Insurance
Professional Liability in the technology services industry helps protect IT professionals against claims of negligence from customers or clients. If your business provides regular professional advice or offers contractual services to clients, you need Professional Liability Insurance. THREE’s business insurance policy automatically includes E&O Insurance to make sure your employees are protected if they are accused of giving wrong advice that costs clients financial harm.
Why do technology services businesses need insurance?
Hackers gain access to your IT firm's software platform, and inject malware into it. Clients using your platform are affected and their data is leaked. Cyber insurance covers your business' liability for a data breach involving sensitive customer information, and will prevent you from having to pay hefty bills if your client takes legal action against you.
You were in the process of setting up a satellite office for one of your clients. While waiting for the office furniture to come in, you used your basement for the storage of computers, monitors, servers, and cables. Bad weather caused flooding, and your equipment was completely ruined. Property insurance protects the physical items your business owns, and will help with replacement and repair costs.
Your business provides contractual services to a client. The client claims that your team of software engineers and developers made costly errors while implementing a new program for them. E&O insurance can help pay for legal bills if a software developer is sued for a mistake.
What are our customers saying?
Professional service at a fast response
Got an online quote but needed some additional coverage. Shortly after I sent off the request, I received a call from the Helpdesk. A very qualified agent answered all my questions, and I had a policy in a very short time. Professional all the way. Really enjoyed the experience.
THREE Insurance for ease & savings
Katie Jacobsen made the process to switch to Three very easy. She is a very knowledgeable, competent and dependable saleswoman. My questions and concerns were answered fully and quickly making my decision to change our business insurance an easy matter. Our small pub will be saving over $10,000 annually with this change…a welcome fact in today’s environment. We are so pleased that we discovered Three and feel confident with our decision to switch insurance carriers. Bundling our business, workers comp, auto and liquor liability policies makes accounting so much easier.
Steven W. Was very helpful and got to the point while making sure I understood everything and answered every question I had. Awesome experience and customer service. Good insurance with a super low price would definitely recommend three to anyone.