Overview of the Technology Insurance Program
RPS underwriters speak the language of technology and cyber risk. They design policies for IT consultants, SaaS providers, software developers, gaming studios, digital publishers, and other tech operations, addressing modern threats such as social engineering, ransomware, data breaches, and denial-of-service attacks.
The program also supports non-technology businesses that handle sensitive data or maintain an online presence. Retailers, healthcare providers, financial firms, and manufacturers can all benefit from standalone cyber liability or combined tech E&O and cyber solutions through RPS.
Ideal Accounts and Appetite
This program is a strong fit for a range of tech and tech-enabled accounts:
- Software developers, SaaS platforms, and cloud services
- IT consultants, managed service providers (MSPs), and systems integrators
- Digital media, online publishers, and content platforms
- Gaming, entertainment technology, and interactive developers
- Startups and emerging technology ventures
RPS also places cyber liability across all industries for businesses that store or process sensitive customer, employee, or patient data.
Example scenarios:
- You have a client deploying a cloud-based CRM who needs errors & omissions plus cyber incident response coverage.
- Your insured runs a regional dental practice network seeking HIPAA-aware ransomware and breach response protection.
Coverage Highlights and Advantages
- Customized Tech E&O and Cyber Liability solutions
- Protection for hacking, malware, phishing, and social engineering losses
- First- and third-party coverage options, including breach response and business interruption
- Solutions for both tech companies and traditional businesses with digital exposures
- Access to top-tier carriers, including Chubb and Great American
Underwriting Notes and Minimum Premiums
Underwriters evaluate risks based on technology stack, revenue profile, data sensitivity, security controls, and incident history. Minimum premiums vary with account size, industry, and coverage selections; contact RPS for specific underwriting guidelines and pricing guidance. The program accommodates a wide range of account sizes, from startups to mid-sized enterprises.
Territories and Availability
The Technology Insurance program is available nationwide — all 50 states and Washington, D.C. — and RPS can place business on either an admitted or non-admitted basis depending on state regulations and the insured’s profile.
Why Work With RPS Technology & Cyber?
As a specialist Managing General Agency, RPS combines deep underwriting expertise with broad market access. Their team helps agents place complex or emerging tech and cyber accounts quickly and with confidence. With over 20 years in the space and relationships with major U.S. carriers, RPS is positioned to help you secure competitive coverage terms for challenging risks.
Frequently Asked Questions
What types of accounts are a good fit for this program?
The program is ideal for tech firms—software companies, SaaS providers, IT consultants, MSPs, and digital media businesses—and also offers cyber liability for non-tech businesses that collect or store sensitive data.
Is coverage available nationwide?
Yes. RPS offers the Technology Insurance program in all 50 states and Washington, D.C., writing admitted or non-admitted paper as appropriate for the risk.
Can I place cyber liability for a traditional business?
Absolutely. RPS provides cyber solutions for retail, healthcare, finance, manufacturing, legal, and other industries with online systems or confidential data.
What carriers back this program?
RPS works with a broad panel of U.S. carriers, including Chubb and Great American, to secure capacity and tailored wording for tech and cyber risks.
What is the minimum premium for this program?
Minimum premium levels vary by industry, account size, and coverage requested. Contact RPS underwriters for current minimums and underwriting requirements.
Need help placing an account? Connect with a market specialist.