High-Tech Insurance: Startup to IPO Insurance Solutions
We help technology companies manage risks associated with every stage of their business, from bootstrapping, mergers and acquisitions to IPOs.
High-Technology Insurance
Technology companies are making headway in every corner of the world. Larger cities, like Toronto, are no exception, with tech leaders developing technology in everything from artificial intelligence (AI) to robotics.
Every stage of your operations has its challenges and opportunities. We focus on helping you find a secure business insurance policy that suits your must-haves, so you can go back to doing what you do best in your business.
What is High-Tech Insurance?
High-tech insurance is specialized insurance for technology companies that must acknowledge additional risks that occur daily in the tech environment. With more complex technology being developed than ever before, a policy must meet the modern tech company requirements.
What is Covered Under a High-Tech Insurance Policy?
We specialize in developing comprehensive insurance policies for high-tech firms. Coverage may include:
- Technology Property & Liability Insurance:
Coverage includes property protection and liability insurance coverage. - Errors & Omissions (E&O):
Everyone makes mistakes. E&O coverage helps your high-tech firm deal with lawsuits and other expenses. - Directors & Officers Liability (Private & Public):
Directors and officers at private, public and not-for-profit organizations require security, as their personal assets could be on the line after an alleged misconduct or other act by the organization they serve. - Special Risks:
A high-tech firm can be exposed to special risks due to their business model, which involves different layers of exposure. Technologically innovative products and services can require added insurance coverage.
Why Choose Rhodes & Williams?
In Business for almost 90 years.
In Business for almost 90 years.As an independently owned brokerage, we take care of our clients at every stage of the insurance journey, from the initial connection to the completion of each customer’s request, on time.
Hands-on Insurance Services.
Hands-on Insurance Services.We have a team of committed brokers, which allows us to be the go-to insurance brokerage in major cities in Canada. We provide impeccable service so you can go on with your life with your insurance needs taken care of.
Trusted by Many.
Trusted by Many.Whether you need home, car, business, or recreational insurance in Canada – we have your back. See our Testimonials for proof of exceptional service.
FAQs
A premium for a technology insurance policy can start as low as $500 per year. However, the price (insurance rate) will depend on the specific industry and many other factors, including what city you operate your business in. Our brokers work hard to find your company a competitive rate no matter where you operate your business.
There are several factors that could impact your technology company’s insurance rate. These factors include your business location, number of employees, industry type, claims history, coverage type, deductible, and more. Ask one of our savvy brokers that specialize in high-tech insurance to find you a competitive rate.
Yes. Tech startups have unique needs that require a modern-day insurance policy. Without coverage, threats such as theft and fire could financially ruin a business. Our Rhodes & Williams brokers specialize in finding insurance for high-tech companies. Our multiple partnerships with insurance companies in Canada allows us to help you find a competitive rate that matches your business needs.
Absolutely. High-tech companies that deal with sensitive information and data are highly susceptible to a cyber-attack. Speak to one of our broker specialists for all the details to get protected on your own terms.