Risklytics vs The Hartford: How Do They Compare for Tech E&O Insurance?

The Hartford writes its own FailSafe tech E&O and puts typical cost at $500 to $1,000 per employee a year; Risklytics is a producer that places E&O with outside carriers and lists a typical ask of $1 million to $5 million per claim.

Risklytics suits AI companies whose customers rely on their models, placing Tech E&O with specialist insurers and screening every form for AI exclusions; The Hartford suits established software, IT, hardware and telecom firms that want its FailSafe suite with security, privacy, IP and media liability. The Hartford gives a typical price of $500 to $1,000 per employee a year. ^1,^2,⁴

What Are the Key Differences Between Risklytics and The Hartford Tech E&O Insurance?

AI-Exclusion Screening vs a Broad Established Suite

Risklytics is a licensed producer that places Tech E&O with outside specialist insurers and says it reads every form for AI exclusions, which can void cover for model-related claims. The Hartford's FailSafe suite, for software and IT specialists, hardware makers and telecom providers, lists errors and omissions, security, data privacy and network security, personal injury, and IP and media liability, with cyber sold separately. Choose Risklytics if customers rely on your AI model's output; choose The Hartford if you're an established tech business that wants broad listed cover from one insurer. ² ¹ ⁴

A Limit Benchmark vs a Price Benchmark

Risklytics says customers typically ask for $1 million to $5 million per claim once they rely on your model, which helps you size the limit. The Hartford says tech E&O typically costs about $500 to $1,000 per employee per year and doesn't publish limits, which depend on location, headcount, limits chosen and lawsuit history. Use one number to set your limit and the other to budget, but neither is a quote. ¹ ⁴

What Should You Confirm in Risklytics and The Hartford Tech E&O Insurance Quotes?

Ask Risklytics which insurer it will bind with, and check the issuing company on a FailSafe quote. ¹ ⁴
If you use AI, ask The Hartford whether FailSafe has an AI exclusion; Risklytics checks for one on every form. ¹ ⁴
Check that IP and media liability appear on your FailSafe quote. ⁴
Compare your quoted limit with the $1 million to $5 million customers typically require. ¹

Risklytics vs The Hartford Tech E&O Insurance Compared

Risklytics vs The Hartford: Tech E&O Insurance: documented features by provider

Criteria	Risklytics Professional Liability (Tech E&O) Insurance	The Hartford FailSafe Technology Errors and Omissions Insurance
Limits and Retentions	Risklytics lists a typical ask of $1 million to $5 million per claim for this line. ¹Company-reported. Lines page; actual limits are set on the bound policy.	The Hartford says E&O coverage for technology businesses typically costs about $500 to $1,000 per year per employee; the page does not publish standard coverage limits, which depend on location, employee count, coverage limits chosen and lawsuit history. ⁴Company-reported. Company-reported cost range as of 2026-09-23 (page last updated by The Hartford September 19, 2024); not a coverage limit.
Who It’s For	Risklytics says enterprise customers usually require this coverage in procurement before signing a first customer contract, and that it becomes relevant once a customer relies on a model's output. ¹Company-reported. Lines page.	The Hartford names buyer types for Tech E&O: software and IT specialists (custom/packaged software developers, website designers, computer consultants, systems integrators, federal IT contractors), hardware and electronics manufacturers, and telecommunications providers (local/long-distance carriers, internet/application service providers, website hosting). ⁴Company-reported. Technology E&O product page as read 2026-09-23.
Coverage Features	Risklytics describes Tech E&O as responding when a company's product or service costs a customer money, such as a perception model mislabeling shipments or an integration error corrupting order data, and distinguishes it from cyber liability, which covers hacks and data leaks rather than a model's own faulty output. ¹Company-reported. Lines page; the issued policy and declarations control actual coverage.	The Hartford lists FailSafe Technology E&O coverage features: errors and omissions liability, security liability, data privacy and network security liability, personal injury liability, intellectual property liability, and media liability. It distinguishes this from its separate cyber liability coverage, which addresses cyberattacks and data leaks specifically rather than broader product/service failures. ⁴Company-reported. Technology E&O product page as read 2026-09-23. General coverage description; the issued policy controls.
Role in This Line	Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics Professional Liability (Tech E&O) Insurance with outside carriers; it says it does not underwrite policies itself. ²Company-reported. About page; describes Risklytics' brokerage model generally, restated for this line.	The Hartford's FailSafe Technology Liability Product Suite is its technology errors and omissions (E&O) product, aimed at technology companies whose products or services can cause a customer's pure financial loss that traditional liability policies usually don't cover. ⁴Company-reported. Technology E&O product page as read 2026-09-23.