CFC vs Coverdash Tech E&O Insurance

CFC's Technology product is a single package policy for technology companies that bundles errors & omissions liability, breach-of-contract cover, IP infringement and media liability, and cyber cover. ^2,3Company-reported. Technology product page and US product brochure; the policy as issued controls the exact scope for any one customer.

Coverdash arranges Tech E&O coverage as a broker rather than an insurer, placing coverage with a carrier under its standard brokerage terms. ^8,9Company-reported. General brokerage terms applied to the Tech E&O page; not specific to any one carrier or state.

The Technology application form names only CFC Underwriting Limited, a UK entity authorized and regulated by the Financial Conduct Authority, as the party administering the form. Neither the Technology product page nor the application discloses which specific insurer or Lloyd's syndicate capacity backs a given US Technology policy. ^5,4Not publicly disclosed. Technology application footer and the regulatory information page, both checked on 2026-09-23; CFC's US arm, CFC USA Inc., separately holds admitted producer licenses and E&S authorization in NY, TX, GA and CA, but that page does not tie a specific license to the Technology product.

The Tech E&O page does not name the insurer that issues the policy. ⁹Not publicly disclosed. Reviewed Tech E&O page as of 2026-09-23; the page describes coverage without naming a specific carrier.

CFC says the Technology product is suitable for start-ups, mid-size and multinational tech companies, without publishing a specific revenue or headcount cutoff on the product page. ²Company-reported. Technology product page introduction; actual eligibility for a given applicant depends on underwriting review of the application.

Coverdash markets Tech E&O to businesses that build, sell or service technology, naming SaaS companies, dev shops, IT providers and consultants as examples. ⁹Company-reported. Product-page eligibility description; actual acceptance depends on underwriting.

CFC describes coverage for financial loss, bodily injury or property damage arising from a technology company's products and services, plus legal liability for breach of client contracts and IP infringement claims such as copyright and trademark disputes. ³Company-reported. Product brochure feature descriptions; exclusions and conditions are set by the policy wording, which was not reviewed.

The cyber portion of the policy includes network and privacy liability, business interruption, data rectification and recreation costs, extortion cover, and social engineering coverage, sitting inside the same Technology package rather than as a separate purchase. ³Company-reported. Product brochure 'Comprehensive cyber cover' section.

Coverdash describes Tech E&O as covering claims that a company's software didn't perform as promised, a project was late or didn't meet the agreed spec, or client data was mishandled or exposed through a security failure, and pays legal defense costs even for a groundless claim. ⁹Company-reported. Product-page coverage cards; the issued policy and declarations control actual wording, limits, exclusions and whether the policy is claims-made.

Coverdash's coverage hub lists Tech E&O separately from its general professional liability product, targeting it specifically at technology businesses rather than professional-service firms generally. ¹⁰Company-reported. Coverage hub category structure; does not establish which product a given underwriter would actually issue for a mixed-model business.

CFC publishes a maximum errors & omissions/media/cyber limit of $10,000,000 and a maximum commercial general liability limit of $6,000,000 for this product, with a minimum deductible of $0. ³Company-reported. Brochure 'Limits and deductibles' table; the limit and deductible on an individual policy's declarations control.

The Tech E&O page does not publish specific limit, retention or deductible amounts. ⁹Not publicly disclosed. Reviewed Tech E&O page as of 2026-09-23; figures are quote-specific and not shown on the public product page.

Policyholders get access to CFC's incident response service at a $0 deductible, sitting on a limit separate from the main policy limit, plus a free app with dark web monitoring, phishing simulations and network deep scanning. ³Company-reported. Brochure 'Market leading cyber incident response' and 'Response app highlights' sections; CFC calls its incident response team one of the largest in-house teams in the industry, a characterization not independently verified here.

Not described in the reviewed sources.

The US Technology application asks for company revenue by year, funding-round history, subcontractor and hosting arrangements, and whether multi-factor authentication is enforced for remote network access and email; it is returned to your insurance broker. ^5,2Company-reported. Application form Sections 1, 2 and 4; CFC also lists Connect and named API partners as digital trading channels on the product page, which may bypass a paper application for some brokers.

Coverdash describes a fully digital quote-to-purchase process for Tech E&O, with the option to add coverages such as general liability or cyber alongside it. ⁹Company-reported. Product-page company information and cross-sell section.