Cyber Insurance vs. Tech E&O: What’s the Difference?

Cyber insurance pays your breach costs and defends claims after a security or privacy incident; tech E&O pays when a client loses money because your software or tech service failed. If you sell technology, you're exposed to both: a breach of your systems and a bug or missed spec that costs a client money.

Some insurers package the two. Chubb's DigiTech product combines cyber cover with tech E&O for financial injury to third parties from your products and services. That's Chubb's design, not a standard form every insurer uses.

Whether you buy one combined policy or two, check each form's covered acts, cyber event definitions, professional-services wording and exclusions. The gap to look for is a single claim that alleges both a service error and a breach, where each policy's exclusions push it to the other.