Depending on the scale and severity of a cyberattack and the cost of data recovery, settlements or judgments could easily top six figures. Evaluate your business risk to determine how much cyber liability insurance you need.
Repetitive motion injuries and slip-and-fall injuries can happen at any tech company. Keeping yourself and your employees safe at work helps you maintain low workers' comp rates.
Business insurance is designed to protect your IT company against insurable risk, or the likelihood of a loss. But it’s important to understand that even the most comprehensive insurance policies don’t cover every type of risk.
When you have vicarious liability for something, it means you could be held legally responsible for any resulting harm even though you didn’t directly cause it. For example, a tech company could be held accountable for the actions of an employee.
Clients could accuse your tech company of professional negligence if you fail to provide a service or meet their expectations.
Antitrust lawsuits may be exclusive to big tech, but there’s no shortage of lawsuits for small companies as well. Learn the reasons behind most software developer lawsuits – plus ways to soften their impact and even avoid them.
Large client contracts often require high errors and omissions insurance limits. But can you raise or lower your limits when you land a big contract, or if you're working on smaller projects? Here’s the lowdown on adjusting your errors and omissions policy limit.
The scope of almost any software development project is bound to change over the course of implementation. How you manage this inevitable "project scope creep" can mean the difference between success and failure.