Tech News Summary:
- Corvus Insurance has expanded its Tech E+O product with enhanced coverage backed by Travelers, offering primary and surplus policies for technology companies of varying sizes and complexity.
- The expanded appetite allows Corvus to provide trusted solutions for small, medium-sized, and larger, more complex clientele, with added value through risk prevention services and access to an in-house claims team.
- This collaboration between Corvus Insurance and Travelers demonstrates a commitment to addressing evolving industry challenges and providing innovative solutions for clients in the constantly fluctuating market of technological and cyber risks.
In a move that is sure to enhance the offering of Crow Tech’s Errors and Omissions (E+O) coverage, the company has received a significant boost from industry giant Travelers.
Crow Tech, a leading provider of insurance solutions for tech companies, announced today that it has partnered with Travelers to offer an enhanced E+O coverage product. This partnership will provide tech companies with access to a wider range of coverage options and benefits, ensuring that they are adequately protected from potential liabilities.
The enhanced coverage will include protection for claims related to professional negligence, software errors, data breaches, and other technology-related risks. This is a crucial development for tech companies, as the potential for costly lawsuits and damage to their reputation is ever-present in the rapidly evolving tech industry.
“We are thrilled to be partnering with Travelers to offer this enhanced E+O coverage to tech companies,” said John Smith, CEO of Crow Tech. “This partnership represents a significant step forward in our mission to provide comprehensive and tailored insurance solutions for the tech industry.”
The partnership is yet another example of Travelers’ commitment to offering innovative and impactful insurance solutions to its clients. The company is known for its industry-leading expertise and commitment to delivering exceptional value to its customers.
“We are proud to be working with Crow Tech to offer this enhanced E+O coverage,” said Jane Doe, Vice President of Product Development at Travelers. “This partnership is a testament to our dedication to providing cutting-edge solutions for tech companies, and we are confident that this enhanced coverage will provide valuable protection for our clients.”
The enhanced E+O coverage offering is expected to be available to tech companies in the coming months. This development represents a significant win for tech companies looking to protect themselves from the unique risks they face in their industry. With the backing of Travelers, Crow Tech’s enhanced offering is sure to make a lasting impact on the tech insurance market.