Tech contractor / agency

The pricing variables for this profession.

Project value and technology category. AI and ML work commands premium underwriting (insurers are still pricing AI-specific risks). Fintech and healthcare-tech also command premiums because regulatory + client-data exposure. Standard SaaS development work runs $1,200-$2,500/yr; AI / fintech / biotech runs $2,000-$4,000/yr.

Which insurers fit this profession.

What the policy needs to include.

$1M minimum, $2M-$5M typical for mid-market work. Cyber coverage almost always required alongside E&O — many tech contracts mandate it. AI-specific exclusions are increasingly common; verify how AI/ML services are treated in the policy form.

What this profession actually gets sued for.

Software defects causing client downtime, security breaches in deployed code, intellectual property infringement (especially around AI training data), missed delivery dates, scope-creep disputes. Tech E&O is the highest-velocity claims category in 2026 driven by AI implementation issues.