Overview of the Program From RPS Technology & Cyber
Technology businesses face unique and evolving exposures—many of which are not adequately addressed by standard insurance products. Our Software Insurance program is built specifically for IT professionals, software developers, computer consultants, IT staffing firms, and other tech-focused operations. We understand the challenges agents face in finding appropriate coverage for these complex risks. That’s why we’ve developed a program that’s both responsive and easy to access through our wholesale brokerage platform.
Ideal Accounts and Appetite
We specialize in helping agents place business for:
- Custom software developers
- IT consultants and project managers
- Managed service providers (MSPs)
- IT staffing firms and tech recruiters
- Systems integrators and network engineers
- SaaS and cloud-based application providers
This program is well-suited for small to mid-sized firms, although larger accounts may be considered depending on the risk profile.
Coverage Highlights and Advantages
Our Software Insurance program offers tailored professional liability and cyber liability solutions designed to respond to the specific exposures of tech companies. Coverage may include:
- Technology Errors & Omissions (Tech E&O)
- Network Security and Privacy Liability
- Media Liability
- Regulatory defense and fines (where insurable)
- Business interruption due to cyber events
Unlike off-the-shelf policies, our carriers understand the nuances of software and IT risks and are prepared to offer underwriting flexibility where it counts.
Underwriting Notes and Minimum Premiums
Minimum premiums vary by risk and carrier. Our underwriting team works closely with agents to evaluate submissions efficiently and provide competitive options. We encourage submissions with complete applications, details on services provided, and any loss history.
Territories and Availability
This program is available in all 50 states and Washington, DC. We work with a variety of carriers to offer both admitted and non-admitted solutions depending on the state and risk profile.
Why Work With RPS Technology & Cyber?
You don’t have to be a technology expert to write Software Insurance—you just need the right partner. RPS gives you the tools and support to confidently pursue this niche. With our experience, market access, and commitment to service, we help you deliver value to your clients while growing your book of business in the tech space.
Whether your client is a startup SaaS firm or an established IT staffing agency, RPS Technology & Cyber can help you find smart, scalable insurance solutions to meet their needs.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for software developers, IT consultants, managed service providers, IT staffing firms, and other technology-focused businesses.
Is this program available in all states?
Yes, the Software Insurance program is available in all 50 states and Washington, DC.
What coverages are included in the program?
Coverage options may include Tech E&O, cyber liability, media liability, regulatory defense, and business interruption from cyber events.
Do I need to be a tech expert to submit business?
No, our team provides the technical expertise so you can confidently place tech-related risks without being a specialist yourself.
What carriers are used for this program?
We work with various carriers, offering both admitted and non-admitted options depending on the state and risk profile.
Need help placing an account? Connect with a market specialist.