Technology Professionals
provides comprehensive insurance products and risk management services designed to cover the unique exposures of Information Technology firms and companies that design and develop networked systems, electronic communications and web sites. Whether a start-up or established company, 5Star Technology E&O protects technology businesses against potentially catastrophic litigation involving programming errors, software performance, or breach of contract. Errors and Omissions coverage can make the difference between the survival or failure of a business when faced with these types of legal threats.
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Eligible Classes*
- Call Center/Help Desk
- Data Processing and Entry
- Fulfillment Services/E-commerce
- Help Desk Service (Technology)
- I.T. Consultant
- Information Technology Integration (Advisory/Consulting)
- Information Technology Services/Computer Systems (Installation/Maintenance)
- Information Technology Training
- Internet Marketing
- Software Development
- System Design, Installation & Maintenance
- Systems Integrator
- Technology Training
- Webpage Development
- Website Designer/Website Developer
- Website Development and Maintenance
- Website Hosting
- *Including but not limited to those listed
Available Products
- Errors and Omissions Insurance
- Professional Liability Insurance
Program Highlights
- A Rated XV Carrier
- Coverage extends to both W2 employees and 1099
- subcontractors, and can be worldwide in scope
- Exceptional Claims Handling
- In-House Underwriting
- Low Retentions
Program Parameters
- Minimum Premium for $1,000,000 limit -- $2,500
- Minimum Premium for $2,000,000 limit -- $5,000
- Minimum SIR is $2,500
- Fee Income from $25,000 to $10,000,000
Ineligible Classes
- Aviation Software
- Hardware Manufacturer
- Internet Service Providers, ISP
- Online Gambling Services
- Music & Film Industry
FAQ
Availability
Download this fact sheet
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Contact 5Star Errors & Omissions Program
877.247.9772
marketing@5StarSP.com
5Star Errors & Omissions Program
303 W. Madison Street, Ste. 700
Chicago, IL 60606
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