Beazley vs Risklytics: How Do They Compare for Tech E&O Insurance?

Risklytics runs an online application with no broker fee on top of premium and screens policy forms for AI exclusions. Beazley's MediaTech is a small-business form with media and cyber, placed via platforms or email.

Risklytics places Tech E&O for robotics, autonomy and AI companies with specialist insurers, checks every form for AI exclusions and charges no broker fee. Beazley insures Tech E&O itself inside MediaTech, a small-business package with a sample form you can read before applying. ^5,^4,^1,²

What Are the Key Differences Between Beazley and Risklytics Tech E&O Insurance?

AI-Risk Specialist vs a Small-Business Package

Risklytics is a broker that places Tech E&O with specialist insurers willing to write robotics, autonomy and AI risk; the insurer appears on your bound policy. Beazley writes Tech E&O itself inside MediaTech, placed by brokers through platforms or email. Choose Risklytics if your product is AI, robotics or autonomy; choose Beazley if you're a conventional small tech business that wants a known insurer's package. ¹ ² ⁵ ⁴

AI Exclusion Review vs a Published Form

Risklytics says Tech E&O pays when your product costs a customer money, such as a perception model mislabeling shipments, and warns that some insurers quietly exclude AI losses, so it reads every form before binding. Beazley's sample form covers wrongful acts in tech services and products, including software copyright infringement, excludes patent and trade-secret claims on products, and describes no AI screening. ⁴ ³

Limits and Applying

Risklytics says customers typically ask for $1 million to $5 million per claim; you apply online with no broker fee on top of premium. Beazley's application asks for headcount, revenue, managed-IT share and ransomware controls, and it publishes no MediaTech maximum. ⁶ ⁵ ² ¹

What Should You Confirm in Beazley and Risklytics Tech E&O Insurance Quotes?

Ask Risklytics which insurer is on your binder; Beazley's application names Beazley Insurance Company, Inc. ⁴ ²
Check for AI exclusions on either form. ⁴ ³
Get per-claim limits from both and compare with the $1 million to $5 million range. ⁶ ³
Ask about tail cover after the claims-made policy ends and whether defense reduces the limit. ³ ⁵

Beazley vs Risklytics Tech E&O Insurance Compared

Beazley vs Risklytics: Tech E&O Insurance: documented features by provider

Criteria	Beazley MediaTech for Small Businesses	Risklytics Professional Liability (Tech E&O) Insurance
Limits and Retentions	Coverage is claims-made and reported: it responds only to claims first made and reported during the policy period (or a purchased Optional Extension Period), and defense costs reduce the available limit. A buyer can purchase an Optional Extension Period (a tail) for additional premium after non-renewal or cancellation. ^3,²Company-reported. Sample policy form F00731; application form repeats the same notice; specific tail pricing and duration are set in the declarations, not disclosed publicly.	Risklytics lists a typical ask of $1 million to $5 million per claim for this line. ⁴Company-reported. Lines page; actual limits are set on the bound policy.
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.	You start Risklytics Professional Liability (Tech E&O) Insurance through Risklytics' online application. Risklytics says there is no broker fee on top of the premium and a licensed producer stays on the file until the program binds; its commission is paid by the carrier out of the premium either way. ^6,⁵Company-reported. Pricing page describes the general application and fee process, not a line-specific form.
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.	Risklytics describes Tech E&O as responding when a company's product or service costs a customer money, such as a perception model mislabeling shipments or an integration error corrupting order data, and distinguishes it from cyber liability, which covers hacks and data leaks rather than a model's own faulty output. ⁴Company-reported. Lines page; the issued policy and declarations control actual coverage.
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.	Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics Professional Liability (Tech E&O) Insurance with outside carriers; it says it does not underwrite policies itself. ⁵Company-reported. About page; describes Risklytics' brokerage model generally, restated for this line.
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.	Risklytics does not name the carrier that underwrites Risklytics Professional Liability (Tech E&O) Insurance on its site. It says it places business with specialist insurers willing to write robotics, autonomy and AI risk; the issuing carrier appears on the bound policy. ^4,⁵Company-reported. Lines page and about page; no specific insurer is published for this line.