MCGOWAN RISK SPECIALISTS
Technology Insurance Program
Overview of the Program From The McGowan Companies
The McGowan Companies offers a comprehensive Technology Insurance program through McGowan Risk Specialists, designed specifically for professionals and businesses operating in the fast-evolving tech sector. As a wholesale broker, McGowan provides access to tailored liability coverage that helps protect your clients from the unique risks associated with technology services, products, and digital operations. With access to a range of carriers and both primary and excess limits available, this program is a strong fit for agents and brokers seeking reliable solutions for complex technology risks.
Ideal Accounts and Appetite
This program is ideal for a wide variety of tech-driven businesses, whether they provide services, develop software, or manage digital platforms. Eligible classes include:
- Technology Consultants and System Integrators
- Software Companies, Developers, and Publishers
- Web Developers, Designers, and Hosting Providers
- Internet and Digital Media Firms
- Online Marketing and Advertising Services
- Telecommunications Companies
- Electronic Data Processing
- Database Managers and Data Storage Providers
- Training, Education, and E-commerce Businesses
- Hardware, Application, and Managed Service Providers
If you have a client launching a new SaaS product or managing a digital marketing agency, this program can offer the professional liability and management protection they need to operate with confidence.
Coverage Highlights and Advantages
Technology businesses face a wide range of exposures—from data breaches and service interruptions to intellectual property disputes. McGowan’s Technology Insurance Program helps address these concerns with specialized coverage options such as:
- Professional Liability
- Management Liability
- Primary and Excess Limits Available
Coverage is designed to help your clients manage legal defense costs, settlements, and reputational damage resulting from tech-related errors and omissions.
Underwriting Notes and Minimum Premiums
McGowan Risk Specialists reviews each submission closely to ensure proper fit and pricing. While minimum premiums may vary depending on carrier and risk details, agents can expect competitive pricing structures and access to flexible underwriting solutions.
Territories and Availability
This Technology Insurance Program is available in most states, with active offerings in Connecticut (CT), New Jersey (NJ), New York (NY), and Pennsylvania (PA). Admitted markets are available in many states, but availability may vary based on risk characteristics and jurisdictional requirements.
Why Work With The McGowan Companies
McGowan Risk Specialists are known for their deep expertise in niche markets and complex liability exposures. As a wholesale broker, McGowan offers access to multiple carriers and a broad appetite for technology accounts. Their responsive underwriting team and strong market relationships make them a valuable partner for agents and brokers placing technology-related risks.
For more information on how to place a Technology Insurance risk, please contact McGowan Risk Specialists today.
Frequently Asked Questions
What types of accounts are a good fit for this technology insurance program?
This program is ideal for technology consultants, software developers, web hosting companies, digital marketers, e-commerce platforms, and managed service providers.
Is this program available in all states?
The program is available in most states, with active offerings in CT, NJ, NY, and PA. Availability may vary based on carrier and risk profile.
What coverage limits are available through this program?
Both primary and excess limits are available, offering flexible protection tailored to each client's needs.
Can I submit accounts with unique or emerging tech exposures?
Yes. McGowan Risk Specialists have experience handling complex and emerging risks in the tech space. Submissions are reviewed on a case-by-case basis.
Who underwrites the policies for this program?
The McGowan Companies work with a variety of carriers to place coverage. Carrier selection depends on the specific risk and jurisdiction.
Need help placing an account? Connect with a market specialist.