Overview of the Program from Alexander J. Wayne & Associates, Inc.
Alexander J. Wayne & Associates, Inc., a wholesale broker, places Technology Errors & Omissions (E&O) — often called Electronic Data Processing (EDP) E&O — through a broad panel of admitted and surplus markets. This program is designed for agents who need flexible professional liability solutions for software developers, IT consultants, web and interactive media firms, hosting and network providers, system integrators, imaging and graphic design professionals, e-commerce businesses and related technology firms.
Ideal Accounts and Appetite
This program targets small- to mid-sized technology firms that provide advice, software development, hosting, design or network services. Typical classes include:
- Computer consultants and managed IT/service providers
- Custom and packaged software developers and programmers
- Web developers, interactive media and e-commerce vendors
- Internet access, hosting and cloud service providers
- System integrators and network maintenance companies
- Graphic design, imaging and multimedia firms
Certain high-severity technology risks, specialized telecom contracts or critical-infrastructure work may require alternate markets. Alexander J. Wayne & Associates will help you quickly assess fit and identify the most appropriate carriers.
Coverage Highlights and Advantages
- Access to carriers offering some of the broadest technology E&O forms available, with options to add media liability where exposures overlap.
- Coverage tailored to respond to claims alleging negligent software performance, coding errors, system outages, data loss, or failure to deliver contracted services.
- Flexible limits and deductible options to suit small and mid-market clients.
- Dedicated underwriting focused on typical technology claim scenarios and contract-driven exposures.
Underwriting Notes and Minimum Premiums
Underwriters will review the insured’s scope of services, contract language (including limitation of liability and indemnity provisions), client mix, revenue size, use of vendors/subcontractors, and documented quality-control processes such as testing, version control and change management. Minimum premium varies by carrier and state — Alexander J. Wayne & Associates provides market-specific guidance when you submit a package.
Carriers, Territories and Availability
Carriers: ACE USA, Admiral Insurance Company, Chartis, Allied World Assurance Company, American Home Assurance Company (part of Chartis), Axis Specialty Insurance Company, Axis Surplus Insurance Company, Beazley Insurance Company, C N A, Capitol Specialty Insurance Corporation, Carolina Casualty Insurance Company, Colony Insurance Company, Colony Specialty Insurance Company, Continental Casualty Company (part of CNA), Darwin Select Insurance Company, Deerfield Insurance Company, Essex Insurance Company and others.
Admitted status: Some Available States — a mix of admitted and surplus markets depending on class and state.
States available: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY
Why Work with Alexander J. Wayne & Associates
As a specialty wholesale broker, Alexander J. Wayne & Associates combines access to multiple admitted and surplus carriers with hands-on producer support. The wholesaler provides:
- Underwriting expertise specific to technology and media E&O
- Practical placement guidance and suggested policy wordings
- Claim examples and sales talking points you can use with prospects
- Faster triage on borderline or hard-to-place accounts
The team helps you position limits and endorsements to align with client contracts and risk tolerances, and recommends markets when media liability or specialized endorsements are needed.
Call Alexander J. Wayne and Associates today and find out more about Technology Errors and Omissions Insurance.
Frequently Asked Questions
What types of technology accounts are a good fit for this program?
Small and mid-sized technology firms providing software development, IT consulting, web development, hosting, network maintenance, system integration, multimedia production or e-commerce services are the primary targets. Complex telecom or high-severity critical-infrastructure risks may require alternate markets.
Can media liability be included with the E&O policy?
Yes — several carriers in the program offer media liability as an option or an endorsed extension where the insured’s activities create exposure for defamation, copyright infringement or advertising injury. Availability depends on the carrier and the insured’s operations.
How do you handle accounts with outsourcing, subcontractors or third-party vendors?
Underwriters will review vendor management, contract flow-downs and indemnity wording. Strong vendor oversight and clear contract language improve the chance of placement; Alexander J. Wayne & Associates can help identify the right markets and recommended underwriting information.
What submission materials should I include?
Provide a current application, description of services, revenue breakdown, sample contracts, claims history, and documentation of quality control/testing procedures. The program team can supply a submission checklist to speed review.
Need help placing an account? Connect with a market specialist.