Beazley vs 
RiskCube: How Do They Compare for Tech E&O Insurance?
Beazley sells a bundled small-business MediaTech form placed through platforms or email. RiskCube, an independent brokerage, compares carriers and says Tech E&O quotes typically return in about 24 hours.
Beazley writes Tech E&O itself inside its MediaTech small-business package, and you can read the sample form, which covers software copyright but excludes patent claims; RiskCube shops several insurers for AI, fintech, govtech, defense, space and Web3 companies and checks contract terms your customers demand. 1,3,4
What Are the Key Differences Between Beazley and RiskCube Tech E&O Insurance?
Insurer Package vs Broker for Frontier Tech
Beazley underwrites MediaTech, a small-business package with Tech E&O, placed through third-party platforms or email, and describes a cyber and tech claims team. RiskCube is an independent brokerage that compares Tech E&O across insurers it does not name, aimed at AI/ML, fintech, govtech, defense, space and Web3 companies, and says it usually quotes within about 24 hours of getting your product, customer, revenue, SLA or indemnity details and claims history. Choose Beazley if you are a small tech business that wants a known insurer and form; choose RiskCube if you are in one of its specialist sectors and want insurers compared for you. 1 4 5
Readable IP Terms vs Contract and AI Gap Checks
Beazley's sample form covers software copyright infringement by your tech products but excludes patent infringement and trade-secret misappropriation. RiskCube says it checks the waiver-of-subrogation language enterprise contracts demand and can add excess cover for AI gaps such as algorithmic bias or hallucination claims. If you hold patents or sell AI, compare these points on the actual forms. 4 3
What Should You Confirm in Beazley and RiskCube Tech E&O Insurance Quotes?
- Ask RiskCube which insurer it would bind; Beazley's application names Beazley Insurance Company, Inc. 5 2
- Compare patent, other IP, AI and SLA wording, plus any AI excess layer. 4 3
- If your customer contracts require a waiver of subrogation, confirm it is on the policy. 4
- Get limits, retentions and the claims-made tail from both. 3 4
Beazley vs RiskCube Tech E&O Insurance Compared
Beazley vs RiskCube: Tech E&O Insurance: documented features by provider
| Criteria | Beazley MediaTech for Small Businesses | RiskCube Technology Errors and Omissions (E&O) Insurance |
|---|---|---|
| How to Apply | Beazley's MediaTech application asks for employee count, US and non-US revenue for the last three years, the share of revenue from managed IT services, and answers about ransomware controls such as multi-factor authentication, VPN use, patching cadence and backup frequency. 2Company-reported. Application form F00859, 042022 edition, General Information, Revenue Information and Ransomware Controls sections; a completed application does not establish acceptance. Beazley says small and midsize MediaTech business is placed through third-party placement platforms or by email, with automated processing rather than a direct-to-consumer purchase flow. 1Company-reported. MediaTech product page SME placement paragraph; describes the stated distribution channel only. | RiskCube asks applicants for product, customer, revenue and contract details such as SLAs or indemnities, plus prior claims or known incidents, and says it typically returns Tech E&O quotes within about 24 hours depending on underwriting complexity. 4Company-reported. Tech E&O product page process steps and "What information do I need to apply" / "How fast can we get Tech E&O quotes" FAQs. |
| Coverage Features | The sample MediaTech form defines two technology-specific triggers: a Tech & Professional Services Wrongful Act (a negligent act, error, omission, misstatement or unintentional breach of contract in rendering Tech Services) and a Tech Product Wrongful Act (a Tech Product that fails to perform as intended, or software copyright infringement). Both are separate from the policy's Media Wrongful Act trigger. 3Company-reported. Sample policy form F00731, 022019 edition, insuring agreements and definitions; the issued policy's wording and any endorsements control. The sample form excludes patent infringement and trade-secret misappropriation connected to Tech Products or other products, even though it insures Tech Product Wrongful Acts generally. 3Company-reported. Sample policy form F00731, 022019 edition, Patent & Misappropriation of Information exclusion; excludes only patent and the described trade-secret scenario, not all IP claims. | RiskCube describes Tech E&O as covering software errors and bugs, failure to meet SLAs or contract terms, client financial losses caused by the policyholder's product, and related data loss, plus legal defense costs. 4Company-reported. Tech E&O product page "What's covered" section. RiskCube lists common Tech E&O exclusions including intentional wrongdoing or fraud, incidents known before binding, patent infringement, other intellectual-property infringement and financial insolvency. 4Company-reported. Tech E&O product page "Common Exclusions" section. |
| Role in This Line | Beazley sells technology errors and omissions coverage bundled inside MediaTech, a single small-business form that also includes professional E&O, media liability and cyber coverage. It is not offered as a standalone tech E&O policy for this segment. 1Company-reported. US small-business MediaTech product page; does not address Beazley's larger-account technology E&O programs, if any. | RiskCube compares Tech E&O policies across carriers and describes itself as an independent brokerage rather than the underwriter of the policy. 4Company-reported. Tech E&O product page footer and FAQ describing RiskCube as "your independent broker, scanning the entire market" for quotes. |
| Issuing Insurer | Beazley's posted Digital MediaTech Application names Beazley Insurance Company, Inc. as the insurer on its cover page. The actual issuing entity and state of admission for a given policy is confirmed on the quote and declarations, not the blank application. 2Company-reported. Application form F00859, 042022 edition; not a regulator record and not evidence of the entity for every state or route. | RiskCube's disclosures say it is not an insurance carrier and that its insurance products, including Tech E&O, are underwritten and issued by third-party carriers it does not name; the Tech E&O page itself does not identify an issuing insurer. 5,4Company-reported. Company-wide entity and licensing disclosure and the Tech E&O product page as read on 2026-09-23. |
