IT-ettevõtte kindlustus

Insurance for IT companies

Covers risks related to information technology.

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  • Professional liability for technological activities

    Liability where errors or omissions result in financial loss.

  • Liability for network and privacy

    Liability arising from providing access to a network and data.

  • Consequential personal injury and property damage

    Damage to property or people caused by a faulty or deficient IT solution.

  • Intellectual property

    Liability related to violations of licences and intellectual property rights or inappropriate content.

  • Withheld fees

    Withheld fees in the event that a client of yours brings or threatens to bring a claim against you

  • Vicarious liability of the subcontractor

    It also covers the liability related to errors made by subcontractors.

We look out for IT companies of all sizes

This insurance solution for IT companies is designed for all companies in the IT sector, regardless of their size or activity.

Insurance gives you the confidence to enter new markets and bring in investors.

Covers contractual liability

Covers liability arising from professional activities.

Helps IT companies meet requirements

Insurance is often a prerequisite for contracts or access to public procurement.

Mitigates investors’ risks

Insurance can give you the opportunity to enter new markets and bring in investors.

Ensures funds in case of damage

Insurance covers the costs incurred to settle claims and pay legal costs.

Gives confidence in finding new customers

Insurance is a solid argument for IT companies attempting to win over new customers.

9,000+ Tech companies in Estonia

The Tech sector in Estonia grows by 25% a year on average

IT sector accounts for 8% of GDP

Design flaw in IT equipment sold on the international market

An international IT company sold products and related services. Approximately 500,000 of their products were found to have a design flaw that caused malfunctions in the equipment of another company. Authorities launched an investigation and customers who purchased the equipment filed a claim for damages.

Company sued for collecting people’s images using AI

A facial recognition company was sued for collecting 3 billion facial images. The images were collected from various social media platforms using AI and the company's alleged aim was to sell them to the authorities.

Violation of software licence agreement gave rise to claims

A software company bought a software licence and used the code in one of its products. An employee mistakenly thought the company no longer used the software and terminated the licence. The company was then sued for violating the licence rights.

Helen Evert
"In addition to innovation and technology, a successful IT company also needs effective risk management and a reliable insurance policy."
Helen Evert

Insurance Broker

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