CFC vs Relm Insurance: How Do They Compare for Tech E&O Insurance?

Relm Insurance keeps Tech E&O as its own professional liability line and offers a separate Fintech E&O product. CFC bundles Tech E&O, IP, media and cyber into one Technology package.

CFC puts Tech E&O, contract, IP, media and cyber in one Technology package with up to $10 million in limits. Relm sells Tech E&O and cyber as separate policies and offers a dedicated Fintech E&O product for blockchain flaws and regulatory scrutiny. ^1,^2,⁵

What Are the Key Differences Between CFC and Relm Insurance Tech E&O Insurance?

One Package vs Separate Policies Plus a Fintech Form

CFC puts cyber, including network and privacy liability, business interruption, data recreation, extortion and social engineering, inside the same Technology package as E&O, for start-ups through multinationals. Relm sells Tech E&O and cyber as separate products and says one doesn't protect you from what the other covers. Relm also says standard Tech E&O isn't always enough for fintech, so it offers a distinct Fintech E&O product for blockchain vulnerabilities and regulatory scrutiny. Choose Relm if you're a fintech or blockchain company; choose CFC if you want E&O and cyber in one package with a published limit. ⁵ ² ¹

What Each Covers

Relm's Tech E&O covers failed service delivery, contractual failure, software glitches that hit customers, and negligent advice. CFC covers financial loss, bodily injury or property damage from your products and services, plus contract and IP infringement liability. ⁵ ²

What Should You Confirm in CFC and Relm Insurance Tech E&O Insurance Quotes?

Ask Relm whether you're being quoted standard Tech E&O or Fintech E&O. ⁵
Ask Relm to quote cyber alongside Tech E&O so you can compare the total with CFC's package. ⁵ ²
Ask both which insurer issues your policy. ⁵ ³
Ask Relm for its limits; CFC publishes a $10 million maximum. ²

CFC vs Relm Insurance Tech E&O Insurance Compared

CFC vs Relm Insurance: Tech E&O Insurance: documented features by provider

Criteria	CFC Technology Errors & Omissions	Relm Technology Errors and Omissions Insurance
Who It’s For	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. ¹Company-reported. Technology product page introduction; actual eligibility for a given applicant depends on underwriting review of the application.	Relm says a business is exposed if it delivers software or tech services, citing risks from AI models making biased decisions, model theft, or data poisoning as examples of the kinds of claims that can arise. ⁵Company-reported. Cyber and Tech E&O page framing; not a guarantee of eligibility for a particular company.
Coverage Features	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. ²Company-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. ²Company-reported. Product brochure 'Comprehensive cyber cover' section.	Relm says Tech E&O covers claims relating to inadequate service delivery or failure to meet contractual obligations, system failures or software glitches affecting customers' operations, and negligent advice, misrepresentation or failure to disclose product limitations, typically including legal defense fees, settlements and judgments. ⁵Company-reported. Cyber and Tech E&O page 'What is Tech E&O Insurance?' section; the issued policy and declarations control. Relm says standard Tech E&O is not always sufficient for fintech companies and offers a distinct Fintech Errors and Omissions product addressing blockchain-related vulnerabilities and heightened regulatory scrutiny. ⁵Company-reported. Cyber and Tech E&O page 'What is Fintech Errors and Omissions Insurance?' section; a related but separate product. Relm explicitly says there is some overlap between Tech E&O and cyber coverage, but having one does not protect a client from the exposures the other addresses. ⁵Company-reported. Cyber and Tech E&O page 'Who Needs Cyber and Tech E&O Insurance?' section.
Role in This Line	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. ^1,²Company-reported. Technology product page and US product brochure; the policy as issued controls the exact scope for any one customer.	Relm markets Technology Errors and Omissions as professional liability for the technology sector, separate from the cyber liability product on the same page. ⁵Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.

Criteria

CFC Technology Errors & Omissions

Relm Technology Errors and Omissions Insurance

Who It’s For

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. ¹Company-reported. Technology product page introduction; actual eligibility for a given applicant depends on underwriting review of the application.

Relm says a business is exposed if it delivers software or tech services, citing risks from AI models making biased decisions, model theft, or data poisoning as examples of the kinds of claims that can arise. ⁵Company-reported. Cyber and Tech E&O page framing; not a guarantee of eligibility for a particular company.

Coverage Features

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. ²Company-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. ²Company-reported. Product brochure 'Comprehensive cyber cover' section.

Relm says Tech E&O covers claims relating to inadequate service delivery or failure to meet contractual obligations, system failures or software glitches affecting customers' operations, and negligent advice, misrepresentation or failure to disclose product limitations, typically including legal defense fees, settlements and judgments. ⁵Company-reported. Cyber and Tech E&O page 'What is Tech E&O Insurance?' section; the issued policy and declarations control.

Relm says standard Tech E&O is not always sufficient for fintech companies and offers a distinct Fintech Errors and Omissions product addressing blockchain-related vulnerabilities and heightened regulatory scrutiny. ⁵Company-reported. Cyber and Tech E&O page 'What is Fintech Errors and Omissions Insurance?' section; a related but separate product.

Relm explicitly says there is some overlap between Tech E&O and cyber coverage, but having one does not protect a client from the exposures the other addresses. ⁵Company-reported. Cyber and Tech E&O page 'Who Needs Cyber and Tech E&O Insurance?' section.

Role in This Line

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. ^1,²Company-reported. Technology product page and US product brochure; the policy as issued controls the exact scope for any one customer.

Relm markets Technology Errors and Omissions as professional liability for the technology sector, separate from the cyber liability product on the same page. ⁵Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.