Does a SaaS Business Need E&O Insurance?

A SaaS business should consider Tech E&O when customers rely on its platform or services and could claim that an error caused financial loss. The cited sources identify software developers and technology service providers as potential professional-liability buyers.

Describe licensing, hosting, configuration, integrations, migration, updates, support, data handling, and any uptime or outcome promises. Compare Tech E&O with cyber coverage, and check interruption claims, data loss, intellectual property, warranties, subcontractors, retroactive dates, and whether several customer claims share one aggregate.