Corporate coverage
Tech E&O
Protection when your technology lets a client down.
Corporate technology errors and omissions (E&O) liability that covers your company when a client says your software, platform or tech services caused them a financial loss. Offered through Parallax Insurance Services and placed with Corgi Insurance. Subject to underwriting.
What your company gets
Placed with Corgi Insurance.
Underwritten by Technology Risk Retention Group.
Errors in your services.
Client losses from mistakes, oversights or failures in the tech you provide.
Build and integration work.
Custom development, systems integration and data migration.
Ongoing service.
Maintenance, updates and hosting you perform for clients.
Defense and damages.
Legal defense, settlements and judgments on covered claims.
Optional add-ons.
AI liability, IP infringement, SLA carve-back and subcontractor endorsements.
Why you need it
Your clients depend on it.
If your platform runs their business, an outage or a bug can become their loss, and their claim.
General liability doesn't cover it.
General liability (GL) covers injury and property damage, not the financial loss a software error causes.
It's your company's policy.
Held by the business, separate from the coverage your contractors carry.
How it works
- 1
Apply
Complete the application with your business details. Most quotes return in a few days.
- 2
Sign
Sign the application by DocuSign as soon as you submit, so it's ready when your pricing comes back.
- 3
Bind
Once your pricing is confirmed, pay through the secure payment link your specialist sends and your policy binds. No recurring reporting is needed.
- 4
Claims
Submit the claim to GigSafe. Report claims as soon as you receive them.
Filing a claim: Send any demand letter, contract and correspondence about the issue.
Underwriting criteria
Common questions
What kind of claim does this cover?
A client saying your technology cost them money: a reporting error that leads to a bad decision, an update that takes their service down, or an integration bug that corrupts their records.
What isn't covered?
Contract penalties like SLA credits and refunds, bodily injury, data breaches (Cyber), media offenses and employment disputes. IP and AI claims need an endorsement.
Is it claims-made?
Yes. The claim must be made during the policy period, for work done after the retroactive date.
Do legal costs reduce the limit?
Yes. Defense costs are paid within the limit.
Is this for my company or my contractors?
Your company. It protects the business and its leadership, on top of any coverage your contractors carry.
Notes
- 1 Underwritten by Technology Risk Retention Group, Inc. or a partner carrier, through Corgi.
- 2 Claims-made: a claim must be first made during the policy period. Defense costs are paid within the limit.
This page is a summary, not a policy. Coverage is subject to underwriting and to the terms, conditions and exclusions of the policy issued.
Ready to get Tech E&O?
A Parallax specialist reviews every application and follows up with your quote.