Insurance for Tech Companies in Los Angeles
Coverage for software, SaaS, and IT companies across El Segundo, Playa Vista, and the rest of L.A. We put tech E&O, cyber, and the policies investors and enterprise clients ask for into one plan.
Tech company coverage at a glance
- Who we insure
- SaaS companies, software developers, IT consultants, and managed service providers
- Core coverage
- Technology E&O and cyber liability, often in one policy
- Often required by
- Enterprise client contracts and investors
- As you grow
- D&O, employment practices, and workers comp
- Quote turnaround
- Usually 1-2 days
Coverage tech companies usually carry
Most tech companies start with tech E&O and cyber, then add coverage as they hire, sign larger clients, and raise money.
Technology E&O
Covers claims that your product or service failed and cost a client money.
Workers compensation
Required in California once you have employees, including remote staff in the state.
Cyber liability
Covers breaches, ransomware, and funds transfer fraud, usually paired with tech E&O.
Directors and officers
Protects founders and board members, and is often required by investors.
General liability
Covers injuries and property damage at your office or client sites, and is required by most leases.
Employment practices
Covers harassment, discrimination, and wrongful termination claims as your team grows.
What affects insurance costs for tech companies
Carriers price tech companies on revenue, what the product does, the data it touches, and the clients it serves. A payments or health platform costs more to insure than a marketing tool.
Security controls and contracts move the price too. Multi-factor authentication, reliable backups, and limitation-of-liability clauses make a company easier to insure and bring more carriers to the table.
Ways to lower your premium
- Bundle tech E&O and cyber in one policy
- Turn on multi-factor authentication everywhere
- Add limitation-of-liability language to client contracts
- Package D&O, EPLI, and fiduciary coverage as you grow
- Review limits before each funding round or large contract
What moves your rate
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Revenue and growth
Faster growth and higher revenue mean more exposure.
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Product and data
Payments, health, and infrastructure products cost more.
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Client base
Enterprise and regulated clients raise limits and price.
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Security controls
MFA, backups, and endpoint protection carry heavy weight.
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Funding and headcount
Outside investors and new hires add D&O and EPLI exposure.
Tech company insurance questions
Don't see yours? Call (310) 751-5979 and ask.
What insurance does a software company need?
Most need technology E&O and cyber liability at a minimum, plus general liability and workers comp once they have an office or employees. D&O becomes important when you take outside investment.
Do enterprise clients require specific coverage?
Often. Enterprise contracts commonly set minimum tech E&O, cyber, and general liability limits. Send us the contract and we will match your coverage to it.
Do remote employees need workers comp?
Yes. Employees working in California need workers comp, and staff who work from other states may need coverage written for those states.
When should a startup buy D&O?
Usually by your first priced funding round, when investors join the board. Many investors require it before they invest.
Find out what you should be paying
Tell us about your product and team. We compare carriers and come back with real quotes, usually within 1-2 days.