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

Both bundle. TechInsurance pairs E&O with cyber liability for IT firms and cites a median of $67 a month; Beazley's MediaTech adds media liability and professional E&O, built for small businesses.

Beazley’s MediaTech covers tech E&O, media and cyber in one small-business policy and includes software copyright claims. TechInsurance sells E&O and cyber as two separate policies for IT firms, with a published median of about $67 a month, but IP disputes cost extra. ^1,^2,⁴

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

One Combined Form vs Two Policies With a Price Benchmark

Beazley sells tech E&O inside a single MediaTech form that also includes professional E&O, media liability and cyber. TechInsurance sells E&O and cyber liability as two separate policies built for IT and technology companies, and publishes a median cost of about $67 a month. Choose Beazley if you publish content or want everything on one policy; choose TechInsurance if you are a small IT firm that wants a budget benchmark before you apply. ¹ ⁴

Software Copyright Covered vs IP Added Only on Request

Beazley’s sample form covers software copyright infringement as a tech product wrongful act, though it excludes patent and trade-secret claims tied to your products. TechInsurance’s standard bundle doesn’t include IP or copyright disputes; you usually have to add them. If a copyright claim is plausible, Beazley covers more out of the box. ³ ⁴

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

Ask TechInsurance whether your quote is two policies and what adding IP cover costs. ⁴
Ask TechInsurance which insurer issues each policy; Beazley’s application names Beazley Insurance Company, Inc. ² ⁴
Get limits, retentions and tail pricing from both, and ask whether defense costs reduce the limit. ³ ⁴

Beazley vs TechInsurance Tech E&O Insurance Compared

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

Criteria	Beazley MediaTech for Small Businesses	TechInsurance Technology Errors and Omissions (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.	TechInsurance says tech E&O policyholders pay a median of $67 per month, or about $807 a year, with the exact premium depending on profession risk, policy limits, the amount and access to personally identifiable information the company handles, and claims history. ⁴Company-reported. Tech E&O product page cost section; a company-reported median from TechInsurance's own book of business, not a published rate table.
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.	TechInsurance says the E&O half of the bundle covers claims over errors, undelivered services, missed deadlines, budget overruns and breach of contract, while the cyber half splits into first-party coverage (for breaches of the buyer's own systems) and third-party coverage (for breaches on a client's systems the buyer worked on). ⁴Company-reported. Tech E&O product page; general policy description, not a specific policy form. TechInsurance says the standard tech E&O bundle does not automatically include coverage for intellectual property or copyright disputes; that coverage usually must be added to the policy. ⁴Company-reported. Tech E&O product page, Does E&O insurance cover media and intellectual property (IP) rights? 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.	TechInsurance sells technology errors and omissions (tech E&O) as a bundle of two policies, errors and omissions insurance and cyber liability insurance, built specifically for IT and technology companies. ⁴Company-reported. Tech E&O product page.

Criteria

Beazley MediaTech for Small Businesses

TechInsurance Technology Errors and Omissions (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.

TechInsurance says tech E&O policyholders pay a median of $67 per month, or about $807 a year, with the exact premium depending on profession risk, policy limits, the amount and access to personally identifiable information the company handles, and claims history. ⁴Company-reported. Tech E&O product page cost section; a company-reported median from TechInsurance's own book of business, not a published rate table.

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.

TechInsurance says the E&O half of the bundle covers claims over errors, undelivered services, missed deadlines, budget overruns and breach of contract, while the cyber half splits into first-party coverage (for breaches of the buyer's own systems) and third-party coverage (for breaches on a client's systems the buyer worked on). ⁴Company-reported. Tech E&O product page; general policy description, not a specific policy form.

TechInsurance says the standard tech E&O bundle does not automatically include coverage for intellectual property or copyright disputes; that coverage usually must be added to the policy. ⁴Company-reported. Tech E&O product page, Does E&O insurance cover media and intellectual property (IP) rights? 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.

TechInsurance sells technology errors and omissions (tech E&O) as a bundle of two policies, errors and omissions insurance and cyber liability insurance, built specifically for IT and technology companies. ⁴Company-reported. Tech E&O product page.