Technology & SaaS

Risk Management for High-Growth Tech Companies

Technology companies face rapidly evolving risks — from intellectual property disputes to catastrophic data breaches. SaaS companies, in particular, carry significant errors & omissions exposure through service-level agreements and data processing obligations. Neil Jesani Risk Management partners with tech firms from Series A through IPO to build scalable insurance programs.

Industry-Specific Risks

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Data breach and cyber extortion targeting customer data

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Intellectual property infringement claims

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Service outages causing downstream business interruption for clients

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Errors & omissions in software performance or delivery

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Regulatory fines under GDPR, CCPA, and evolving privacy laws

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Key person dependency for technical founders and engineers

Recommended Coverage

Cyber Liability & Data Breach

Professional Liability / E&O

Directors & Officers (D&O)

Key Person Life Insurance

Employment Practices Liability (EPLI)

Commercial Property

Industry Statistics

$4.97M

Average Cost of a Data Breach (Tech Sector)

31%

Tech E&O Claims Increase (2023-2024)

$45K/yr

Cyber Insurance Premium (Mid-Market Avg)

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Related Coverage & Locations

Directors & Officers (D&O) Insurance

D&O insurance protects corporate directors and officers from personal liability arising from management decisions.

Cyber Liability & Data Breach Insurance

Cyber liability insurance covers costs arising from data breaches, ransomware attacks, and other cyber incidents.

Professional Liability / Errors & Omissions (E&O)

Professional liability insurance covers claims arising from errors, omissions, or negligence in professional services.

Key Person Life Insurance

Key person life insurance provides financial protection when a business loses a critical executive, founder, or revenue-producing employee.

Manhattan, NY

UHNW Insurance Advisors in Manhattan

Jersey City, NJ

Commercial & Personal Insurance in Jersey City

Miami, FL

UHNW Insurance Advisory in Miami

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Protect Your Technology & SaaS Business

Our team specializes in building comprehensive insurance programs for technology & saas companies. Contact us to discuss your specific risks and coverage needs.

Call (800) 755-3469

Discovery

We sit down with you and ask the questions most brokers never do — your assets, your family, your business, your goals.

Strategy

We map your full risk picture and design a coordinated program that strengthens coverage and reduces your total cost of risk.

Execution

We place your program with elite carriers and handle every detail — applications, underwriting, and transitions.

Ongoing Optimization

Your advisor reviews your program as your life evolves — new assets, new ventures, new exposures — so coverage never falls behind.