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

Both bundle Tech E&O with cyber. TechInsurance cites a median of $67 a month for IT firms, while CFC adds IP and media liability and publishes a $10,000,000 maximum limit.

CFC's Technology package includes IP infringement and media liability with E&O and cyber, with limits up to $10 million and deductibles from $0; TechInsurance sells IT firms an E&O-plus-cyber bundle at a median of about $67 a month, but IP or copyright disputes usually have to be added. ^2,⁵

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

IP Included and High Limits vs a Priced Two-Policy Bundle

CFC's Technology product is one package that includes E&O, breach of contract, IP/media and cyber, with a published $10 million maximum for E&O/media/cyber, a $6 million general liability maximum and deductibles from $0. TechInsurance sells two bundled policies, E&O and cyber liability, for software developers, managed service providers, SaaS companies, IT consultants, app developers, data centers and cybersecurity firms. It says customers pay a median of $67 a month (about $807 a year), depending on profession, limits, access to personal data and claims history. Choose CFC if you need IP cover or limits in the millions; choose TechInsurance if you're a small IT firm that wants a budget figure up front. ⁵ ¹ ²

IP Usually Extra vs Copyright and Trademark Included

TechInsurance's E&O half covers errors, undelivered services, missed deadlines, budget overruns and breach of contract. Its cyber half covers your own systems and breaches on client systems you worked on. It says IP or copyright disputes aren't automatically included. CFC's brochure lists IP infringement such as copyright and trademark disputes as part of the package. If you license code or content, CFC covers that risk without an add-on. ⁵ ²

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

Ask TechInsurance whether IP or copyright cover is added to your bundle, and at what cost. ⁵
Ask both which insurer issues the policy; neither names one. ⁵ ³
Compare your actual premium and limits with TechInsurance's $67 monthly median and CFC's $10 million maximum. ⁵ ²

CFC vs TechInsurance Tech E&O Insurance Compared

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

Criteria	CFC Technology Errors & Omissions	TechInsurance Technology Errors and Omissions (Tech E&O) Insurance
Limits and Retentions	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. ²Company-reported. Brochure 'Limits and deductibles' table; the limit and deductible on an individual policy's declarations control.	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. ⁵Company-reported. Tech E&O product page cost section; a company-reported median from TechInsurance's own book of business, not a published rate table.
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.	TechInsurance targets tech E&O at IT and technology businesses, listing software developers, MSPs, SaaS companies, IT consultants, app developers, data centers and cybersecurity firms among the professions it insures under this bundle. ⁵Company-reported. Tech E&O product page, Technology professionals we insure section.
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.	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). ⁵Company-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. ⁵Company-reported. Tech E&O product page, Does E&O insurance cover media and intellectual property (IP) rights? 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.	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. ⁵Company-reported. Tech E&O product page.