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IT Insurance

As the information technology sector keeps growing and opportunities to establish new tech companies keep presenting themselves, more and more IT professionals venture on their own to establish their own IT businesses. IT insurance need specialised business insurance coverage because traditional liability insurance does not necessarily cover claims for things like intellectual property infringement, programming errors, non-functioning software or major system crashes.

As the information technology sector keeps growing and opportunities to establish new tech companies keep presenting themselves, more and more IT professionals venture on their own to establish their own IT businesses. Businesses that trade with specialised knowledge such as IT, need specialised insurance coverage because traditional liability insurance does not necessarily cover claims for things like intellectual property infringement, programming errors, non-functioning software or major system crashes.

If you own any kind of information technology, high-tech or internet business that rely heavily on technology solutions it is essential to investigate all the IT business insurance options out there until you find the right fit for your business. Tangible losses such as property and equipment damage need to be incorporated into your business cover as well as technology-related risks that could cause intangible losses such as intellectual property infringement and the all-important professional indemnity insurance.

A few specialised business insurance options that are available include:

  • Software developers’ insurance
  • Programmers insurance
  • IT businesses insurance
  • Systems analysts and designers insurance
  • Website developers insurance
  • Internet service providers (ISPs) insurance

Get in touch now to receive IT insurance quotes from South Africa’s top insurance companies that suit your tech company’s professional service insurance needs.