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Risklytics vs TechInsurance

Compare a frontier-tech brokerage submission with a small-business quote-comparison route as an IT consultancy develops an AI product.

Introduction

An IT consultancy moving into an AI product business may want to reuse a familiar small-business insurance process. TechInsurance markets technology-focused quote comparison through one application; Risklytics emphasizes explaining frontier-tech operations to insurers. The question is whether the submission and resulting policy have changed with the business, rather than whether both routes use a technology E&O label. 13 18 2 1

Where Each Provider Shines

Where Risklytics Shines

  • Risklytics says it prepares the application from your business description and website for your review. 1
  • Risklytics says it reviews technology E&O wording for AI exclusions before binding. 8

Where TechInsurance Shines

  • One application to compare multiple insurance quotes 13
  • Technology E&O and cyber coverage marketed together 18

Coverage Comparison

Coverage TypeRisklyticsTechInsurance
Business owner’s policyNot listedListed 17
Commercial autoNot listedListed 12
Commercial propertyListed 4Listed 17
Cyber liabilityListed 4Listed 17
Directors and officersListed 4Listed 17
Employment practices liabilityNot listedListed 17
Fidelity bondsNot listedListed 17
General liabilityListed 4Listed 17
Intellectual propertyListed 4Not listed
Professional liability / E&ONot listedListed 17
Surety bondsNot listedListed 14
Technology errors and omissionsListed 4Listed 18
Tools, equipment and inland marineListed 4Listed 19
Umbrella and excess liabilityListed 4Listed 17
Workers’ compensationListed 4Listed 17

Listed products and programs, including policies arranged through insurers or partners. Optional endorsements are discussed in the analysis below. “Not listed” means no separate offering appears in the reviewed catalogue; confirm availability and policy terms with the provider.

Key Differences Between Risklytics and TechInsurance

Follow the Agency Relationship Through the Brand

TechInsurance describes itself as part of Insureon and HUB International, with its legal disclosure identifying a division of Specialty Program Group. Its history distinguishes HUB's acquisition of the digital agency from Bold Penguin's acquisition of the technology platform. These ties do not make either parent or platform the insurer. Risklytics likewise acts as producer, with the actual insurer determined by the placement. 13 20 23 3

Use the Same New-Product Brief with Both Routes

TechInsurance presents technology E&O as a bundle of E&O and cyber. Risklytics says it reads technology E&O forms for AI exclusions. Ask whether the proposed services definition includes the new product, and which cyber components accompany the liability cover. A bundle description is not evidence of identical wording across insurers, and an exclusion review is not an independent guarantee of AI coverage. 18 8

TechInsurance documents a California sales route for several small-business products, but the record does not establish approval of the new AI activity. Risklytics' California producer route remains unconfirmed. This gives the buyer different levels of public route information, not a conclusion that either will accept the risk. 16 2

Ask How Markets Are Chosen and Paid

SPG's linked compensation disclosure permits commissions and client fees and describes enhanced compensation from strategic insurers that may incentivize product prioritization. Risklytics advertises no additional brokerage fee and disclosure of its placement earnings on request. Neither proves the breadth or impartiality of an actual market search. Request the markets approached, available alternatives and compensation for the proposed placement. 21 5

What to Confirm in Quotes

  • Identify the producer, issuer and accepted AI activities, using the actual California forms rather than a general technology category. 15 18 2
  • Ask what changes between the expiring consulting policy and the new proposal, including first-party cyber and customer liability provisions. 18 8
  • Define support as the company grows: the reviewed TechInsurance pages do not establish a complex-program renewal mandate, and Risklytics' service description leaves renewal remarketing unspecified. 14 13 6 7

Service Comparison

Risklytics vs TechInsurance Insurance: documented services and availability

CriteriaRisklyticsTechInsurance
Business role

Risklytics describes itself as a commercial insurance brokerage. Its current legal disclosures identify Risklytics, Inc., doing business as Risklytics Insurance Services, as the producer arranging coverage rather than the insurer. 2,3

TechInsurance is a small-business insurance agency and brokerage. Its legal disclosure identifies the business as a division of Specialty Program Group LLC, doing business in California as SPG Insurance Solutions. 14,20,21

TechInsurance describes itself as part of Insureon and HUB International. Its history says HUB acquired Insureon’s digital agency in 2022 while Bold Penguin acquired the technology platform; HUB’s acquisition announcement placed the agency operations within Specialty Program Group. 13,14,23

Application process

Risklytics says it drafts an application using your description and public business information, including your website, for you to check and sign. It advertises Slack and email placement updates. The application-preparation process and its speed were not tested. 1

Risklytics says it reviews the application with you, approaches suitable insurers and reads quote wording before making a recommendation. Its FAQ says the insurer binds after you accept a quote; timing varies with the coverage and operation. 6

TechInsurance describes a single application for comparing multiple insurance quotes, followed by policy purchase and online coverage management, with licensed-agent guidance available. 13

TechInsurance’s account instructions warn that quotes may take time to appear after an application is submitted; an application is not confirmation of bound coverage. 14

Access to insurers

The terms allow submissions directly to insurers or through wholesale brokers. No named issuing insurer or product-specific California placement arrangement was identified in the reviewed terms, market-access page or coverage pages. 3,4,8,10

TechInsurance names insurance partners including The Hartford, Hiscox, Chubb and Travelers. These are examples of marketed relationships, not the identified contracting insurer for a quote; ask for the exact issuing entity and its California placement route. 19

Fees and compensation

Risklytics advertises no application charge or additional brokerage fee, says carriers pay commission from premiums, and offers to disclose its earnings on request. Its terms separately allow carrier or wholesaler compensation and carrier-set taxes and policy fees. No buyer-specific premium or commission amount is published on the pricing page. 5,3

TechInsurance directs buyers to SPG’s compensation disclosure, which describes insurer commissions, contingent and supplemental payments, and possible negotiated client fees. Some placements may involve both commission and client-paid fees; quote-specific amounts are not disclosed there. 20,21

SPG discloses that strategic insurers may pay enhanced compensation and that some of it may incentivize employees to prioritize those insurers’ products. Ask which markets were approached and how the placement is compensated. 21

Availability

Risklytics publishes agency NPN 22311838 and Massachusetts resident license 3004393145. Its state table, dated September 10, 2026, also lists Arizona, Colorado, Illinois, Indiana, New Jersey, Ohio, Texas and Washington. These are company-reported identifiers, not independently verified licenses or product eligibility. 2

California is absent from the reviewed agency-license table. A California-authorized producer and product route remain unconfirmed in the reviewed disclosures; this does not establish that Risklytics cannot arrange California coverage. Confirm the responsible producer, authority and insurer for your operation before relying on a quote. 2,3,11

TechInsurance’s California sales page offers an application and quote-comparison route for general liability, professional E&O, business owner’s policies, workers’ compensation, cyber, commercial auto, fidelity bonds and umbrella coverage. This establishes a marketed California route, not acceptance of a particular startup or availability of every listed product. 16

TechInsurance reports licensing in all 50 states and Washington, D.C., and lists California license 0L09546. Current regulator status, authority and appointments were not independently verified for this profile. 15

Sources

Risklytics Official Website

  1. Insurance for Frontier Tech. Risklytics; You describe your company; One application. Written for you; footer. Accessed 2026-09-16.
  2. About Risklytics. Risklytics; What we do; Who we insure; Licensing; Agency licenses table dated 2026-09-10. Accessed 2026-09-16.
  3. Terms of Service. Risklytics; Effective August 7, 2026; sections 1–5, 7, 9, 12; live HTML retrieved September 16, 2026. Accessed 2026-09-16.
  4. For insurers and wholesale markets. Risklytics; The lines we place; appetite form; Applications that state the exposure. Accessed 2026-09-16.
  5. How pricing and broker fees work. Risklytics; What it costs; broker fee row; No published rates; commission disclosure on request. Accessed 2026-09-16.
  6. Questions founders ask. Risklytics; Cost and process: What do we pay a broker?; What happens after we submit an application?. Accessed 2026-09-16.
  7. Contact a commercial insurance broker. Risklytics; Write to us; email response statement and contact form. Accessed 2026-09-16.
  8. Professional Liability (Tech E&O) insurance. Risklytics; How hard to get; Common questions; general-description disclaimer. Accessed 2026-09-16.
  9. Intellectual Property insurance, explained. Risklytics; Common questions; How hard to get; general-description disclaimer. Accessed 2026-09-16.
  10. Space insurance, explained. Risklytics; Built for moments like these; Common questions; general-description disclaimer. Accessed 2026-09-16.
  11. Business Name Search. California Department of Insurance; Initial agency-name search form only; no completed provider search or license result. Accessed 2026-09-16.

TechInsurance Official Website

  1. Technology Business Insurance. TechInsurance; Top business insurance policies; proof of insurance and expert advice; footer. Accessed 2026-09-16.
  2. About TechInsurance. TechInsurance; Opening description; one-application process; History of TechInsurance, 2011 and 2022 entries. Accessed 2026-09-16.
  3. Contact Us. TechInsurance; FAQs: agent or broker; application; finding quotes; updating address; certificates; How does TechInsurance work?. Accessed 2026-09-16.
  4. Insurance Licensing. TechInsurance; Where we are licensed; California entry; footer legal entity. Accessed 2026-09-16.
  5. Small Business Insurance in California. TechInsurance; Find California business insurance in three easy steps; recommended policies and Get Quotes controls. Accessed 2026-09-16.
  6. Small Business Insurance. TechInsurance; Top recommended small business insurance policies; Specialized coverage for unique risks. Accessed 2026-09-16.
  7. Technology Errors and Omissions – Tech E&O Insurance. TechInsurance; Tech E&O insurance includes two policies; quotation form; Technology professionals we insure. Accessed 2026-09-16.
  8. Our Insurance Partners. TechInsurance; Named provider sections; More key policies our dedicated providers offer; Professions we insure. Accessed 2026-09-16.
  9. Compensation Disclosure Notice. TechInsurance; TechInsurance business practices and link to SPG disclosure. Accessed 2026-09-16.
  10. Compensation Disclosure. Specialty Program Group; Commission Income; Contingency Income; Fees Paid by Clients; Customer Centric Carriers; footer. Accessed 2026-09-16.
  11. How Do I File a Business Insurance Claim?. TechInsurance; Opening carrier-contact instruction; property and liability claim sections and TechInsurance agent assistance. Accessed 2026-09-16.
  12. Hub International and Bold Penguin to Acquire Insureon. HUB International; March 1, 2022 announcement; agency/platform split; Insureon operations within SPG. Accessed 2026-09-16.

Updated . Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. Editorial policy. To suggest a correction, contact Spot with the page URL and supporting source.

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