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INSURANCE FOR TECH STARTUPS, SAAS COMPANIES & SOFTWARE FOUNDERS
Insurance built for innovation — protect your product, IP and operations
Whether you're building SaaS platforms, AI automation, mobile apps or cloud technology, specialist insurance protects your business from technology failures, cyber attacks, contractual risks, and investor requirements.
Why Tech Startups Need Specialist Insurance
Technology businesses face unique risks: software bugs, cyber incidents, downtime, data loss, IP disputes and investor requirements. Insurance protects your customers, your contracts and your runway.
- Required for investor due-diligence
- Protects against software failures
- Covers financial loss to clients
- Cyber breach & data loss defence
- Required for large contract onboarding
- Covers emerging tech (AI, automation, analytics)
Essential Insurance for Tech Startups
These are the core covers required for most early-stage technology companies.
Core startup insurance
- Professional Indemnity (Tech PI)
- Cyber & Data Liability Insurance
- Public Liability Insurance
- Intellectual Property Defence
- Breach of Contract cover
- Investor-required liability cover
Optional startup cover
- Directors & Officers (D&O) cover
- Founders' personal liability protection
- Business equipment cover
- Tech E&O + Cyber bundle
- Product liability for hardware/IoT
- Contract dispute defence
Common Scenarios Where Tech Startups Face Claims
Technology risk examples
- Software bugs causing financial loss
- Cyber breach of customer data
- Platform downtime or outages
- Failure to deliver product features
- AI or automated decision errors
- Intellectual property disputes
Who needs this insurance?
- Tech Startups & MVP founders
- SaaS & Cloud Platforms
- AI, Machine Learning & Automation tools
- Mobile App Developers
- FinTech & HealthTech companies
- Software Consultancies & Developers
“Insure24 helped us secure Tech PI and Cyber cover before our investor round. Perfect for any early-stage startup.”
SaaS Founder – VC Backed StartupFREQUENTLY ASKED QUESTIONS
+>-What insurance does a tech startup need?
Professional Indemnity, Cyber, Public Liability and IP defence are the most important.
+>-Is insurance required for investor funding?
Yes — many investors and accelerators require PI, Cyber or D&O before releasing funds.
+>-Does Cyber insurance cover data breaches?
Yes, including recovery costs, crisis response and legal defence.
+>-Do startups need Public Liability?
Yes — it’s required for meetings, events, workspace usage and client engagements.