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Technology Sector Insurance

Protecting Innovation. Powering Confidence.

Western Financial Group is an award-winning brokerage. We work with Canada’s leading insurance partners to get you the right coverage and value. We know how important it is to protect what you’re building.

What is insurance for the Tech Sector?

Insurance for the technology sector is a specialized form of business insurance designed to protect tech companies from the unique risks they face, like software failures, cyberattacks, data breaches, intellectual property disputes, and service downtime.

Our insurance expertise will benefit your Tech business

We make the process easy by getting insurance quotes for you and giving you policy coverage options that you can choose for your Tech business's specific needs.

The technology sector stands to gain significantly from having the right insurance in place. It's not just about minimizing financial losses, it's about safeguarding innovation, enhancing credibility, and enabling growth. The right coverage helps your tech company build trust with clients, meet contractual requirements, and stay resilient in the face of unexpected challenges.

What kind of tech companies need insurance?

 

  • SaaS companies
  • App developers
  • IT consultants / MSPs
  • E-commerce platforms
  • Fintech / Medtech / Edtech startups
  • Hardware manufacturers

What kind of risks does commercial general liability cover?

  • Injury to another person who is not your employee
  • Damage to someone’s property
  • Damage to rented property
  • Medical bills if someone is injured
  • Legal and settlement costs of liability lawsuits filed against you
  • Liability lawsuits related to slander and libel


What other insurance coverages can I get for my Tech business?

Yes. Even early-stage startups can face legal claims, contract requirements, or cyber threats. Insurance helps protect your business financially and increases your credibility with clients and investors.

Tech E&O (Errors & Omissions): Covers lawsuits related to performance issues — like bugs, system failures, or missed deadlines.

Cyber Liability: Covers the costs related to data breaches, hacking, and network security incidents.

Not usually — but many clients, investors, and partners require it in contracts. 

Western has access to insurance carriers that would specialize in a tech insurance package that would combine E&O, Cyber and General Liability Insurance.

Why choose Western?

When you get your insurance coverage through us, we will send you the certificate of insurance right away, so you can focus on what you do best. It’s easy, fast, and customized. Get an online quote, text, email, or phone call. Choose what works for you.

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