From accounting tools to collaboration platforms to enterprise resource planning, the industries you serve rely on your software and hardware solutions for their day-to-day operations. Whether you’re a freelancer running a software company or a large corporation, we’ll get you ALIGNED with customized, comprehensive SaaS Provider Insurance that delivers the risk management solutions you need.
How SaaS Provider Insurance Can Protect You
The following are examples of some of the risks SaaS tech companies face:
- An outage or service disruption on your end causes several clients to lose hundreds of thousands of dollars in the time it takes to get your service operational again.
- During system integration or migration, hundreds of records are lost resulting in costs to your client.
- A breach of your systems exposes protected personal information (PII) of your clients’ records.
- A competitor claims that your software contains elements identical to their own and sues for IP infringement.
Our SaaS provider business insurance packages can protect your organization by covering:
- Medical expenses, property damage costs and financial losses
- Lawyer’s fees and costs to mount a defence
- Out-of-court settlements
- Awards for damages
SaaS Provider Insurance Coverages
The following are coverages that are included in our SaaS provider insurance plans:
Technology Errors & Omissions (E&O) Insurance – is a basic policy for SaaS providers that can cover legal liability, losses and expenses for claims of errors, omissions, breach of contract and other forms of negligence that lead to client losses.
Commercial General Liability (CGL) Insurance – can cover your operations and products against claims of personal injury, property damage, false advertising, libel/slander and more.
Cyber Liability Insurance & Privacy Insurance – with the amount of PII stored within your systems, an uninsured cyber breach could very well mean the end of your SaaS company. Cyber insurance policies can cover the costs of a breach including losses sustained by third parties, notification and credit monitoring, costs to repair systems, brand rehabilitation expenses and more.
Get a free quote on the above SaaS Provider Insurance Coverages in Minutes
Looking for a free quote on SaaS Provider Insurance in minutes? Ready to buy SaaS Provider Insurance right now? Use our Online Application and access our specialized Tech E&O/ CGL/ Privacy Breach Insurance Bundle for SaaS Providers from one of Canada’s leading insurance company.
Other SaaS Provider Insurance Coverages You May Need
Property Insurance which can include extensions for
Get ALIGNED with SaaS Provider Insurance Powered by Tech & Commercial Insurance Specialists
Commercial insurance is all we do. The insurance professionals at ALIGNED can save you time, money and the hassle of shopping around for the right SaaS provider insurance at the best rates. Contact an ALIGNED advocate to get a free quote on SaaS provider insurance in minutes or get started right away by using our free online tool.
- Technology Insurance For Canadian Technology Companies Explained
- How Software Sales Company Insurance Can Protect You
- How Much Is Insurance For A Tech Company In Canada?
We’re here to help you find the BEST commercial insurance…
Our team of insurance brokers is available to help answer any and all questions you might have about all of our commercial insurance products. If you have a question about business insurance, are uncertain about what a particular insurance coverage term means, or simply want to find commercial insurance that directly aligns with your needs, don’t hesitate to call us toll-free at 1-866-287-0448.
It’s time to get insurance value and choice aligned. Want Canadian business insurance that aligns with your bottom line? We can help. 365. Call us toll-free at 1-866-287-0448 or click to Get a Quote!
We’re ALIGNED across Canada. The ALIGNED Insurance National Operations Centre in Cambridge, Ontario supports our Toronto, Calgary and Vancouver offices. Our industry peers consistently recognize us as one of Canada’s best insurance teams. 100% Canadian owned, we are super proud to be one of the fastest growing insurance brokerages in the country.
We deliver e-news you can use. Get practical business insurance insights in your inbox every month. 19,000+ people subscribe to our free ALIGNMENT Matters e-news. Just click the JOIN OUR DISTRIBUTION LIST button – at the bottom of our homepage – to get connected.
365 | Get ALIGNED. Every day, Canadian business leaders read our insurance insights. Find us on LinkedIn, Twitter, Facebook, Instagram and YouTube.