average cyber claim for an Arizona tech company — and 71% of tech E&O policies exclude software performance claims
Tech E&O (Errors & Omissions — covers failures in your software or services) gaps, cyber policies that don't cover what you think, and D&O (Directors & Officers liability) gaps for funded companies are the three most costly coverage failures in Phoenix tech. A free review finds them before a claim does.
Get Your Free Tech Coverage Review →Send or upload your current policy — a licensed DANESURE broker reviews it and sends your Cost & Risk Report within 24 hours. No portal login required.
Prefer email? Send your dec page to review@danesure.com
No credit card. No obligation. As your broker, we work for your interests — not the insurance company’s. We shop 100+ carriers for the best coverage at the best price.
Tech insurance looks comprehensive on the surface — but the most important risks are often the ones standard policies explicitly exclude.
Standard professional liability policies are written for service firms. Tech E&O is a specialized policy that covers claims arising from your software or technology products — performance failures, errors in code, data loss caused by your platform. 71% of tech companies have a professional liability policy that doesn't actually cover their core product risk.
When a tech company has a breach, three things happen at once: customer notification costs, state and federal regulatory penalties, and third-party lawsuits from affected customers. Most cyber policies have separate sub-limits for each — meaning the total payout is far less than the total cost of the breach.
If you've raised outside funding, your investors expect directors and officers liability insurance. D&O protects your leadership team from personal liability for management decisions. Most funded startups don't have it — and most investors require it as a condition of continued investment. It's also required for most Series A+ term sheets.
We review your professional liability policy to determine if it's true Tech E&O or standard professional liability, check your cyber policy for breach-specific sub-limits and exclusions, and confirm D&O status if you have outside investors or a board.
With Phoenix emerging as a legitimate tech hub alongside the semiconductor buildout, the local tech ecosystem is both growing and attracting more sophisticated threats. A properly structured tech insurance program looks different from a standard Business Owner Policy (BOP) — and the difference shows up when you need to use it.
DANESURE