AIG vs Alliance Risk: Technology E&O Insurance

Alliance Risk places Tech E&O for technology firms and offers a free review of an existing policy; AIG markets Technology Services E&O to technology service providers.

Kearny Risk organizes these comparisons for firms whose advice, content or technology creates professional exposures.Research updated 2026-09-30

Areas of coverage

AIG

  • role: AIG markets Technology Services E&O as coverage for technology service providers. AIG is the marketing name; its legal footer says products are written or provided by subsidiaries or affiliates and does not identify the issuer for an individual policy. AIG’s U.S. Professional Liability page’s distinct Technology Services description. This is not a named policy form or issuer assignment.company-reportedSource ↗
  • eligibility: AIG identifies technology service providers as the target audience for this offering. It does not publish a complete eligible-occupation list or state-by-state appetite on the reviewed page. Target audience stated in AIG’s Technology Services section; applicant eligibility remains underwriting-specific.company-reportedSource ↗
  • coverage: AIG describes coverage for claims alleging errors or omissions in the performance of technology services, including third-party economic-loss allegations. The marketing description does not establish that a specific claim is covered; policy definitions, exclusions and conditions control. AIG’s marketing description of Technology Services E&O; no policy form or endorsement was reviewed.company-reportedSource ↗
  • services: AIG says its professional-liability claims team includes in-house professionals and third-party experts, collaborates with clients during claims, and uses claims data to help evaluate and mitigate loss. These are general company-reported professional-liability services, not a guaranteed outcome for a technology E&O claim. AIG Professional Liability page claims description; technology-specific service standards are not stated.company-reportedSource ↗
  • limits: The reviewed page does not state standard limits, retentions or deductibles for Technology Services E&O. Confirm them in the quote and issued policy. AIG’s U.S. Professional Liability page reviewed 2026-09-30; no buyer-specific quote or policy was reviewed.not-disclosedSource ↗

Alliance Risk

  • role: Alliance Risk specializes in placing Tech E&O coverage for technology companies that build, deploy or advise using software, describing itself as a specialist placement partner for this line rather than an underwriter. Tech E&O page opening description.company-reportedSource ↗
  • eligibility: Alliance Risk lists SaaS platforms, AI companies, IT consultants/system integrators/MSPs, software developers, data analytics and business-intelligence firms, IT staffing firms, and IT support/help-desk providers as the businesses that need Tech E&O. Tech E&O page, "Who Needs Tech E&O Insurance?" section.company-reportedSource ↗
  • coverage: Alliance Risk describes Tech E&O as covering failure to perform or deliver, errors in deliverables (including AI outputs that are factually wrong or biased), unmet specifications, unintentional IP infringement, product failure and data loss caused by the company's own mistakes, while excluding intentional wrongdoing, bodily injury or property damage, and cyberattacks, which it says require separate cyber coverage. Tech E&O page, "What Tech E&O Insurance Covers" and "Does NOT Cover" sections and the E&O-vs-cyber comparison; the issued policy and declarations control actual terms.company-reportedSource ↗
  • limits: Alliance Risk describes typical Tech E&O limits ranging from $250K/$500K for a freelancer up to $2M/$3M+ for a SaaS company with many users, and cites $2,500 as a standard deductible for small firms. Tech E&O page, "How to Buy Tech E&O Insurance" and cost sections; illustrative ranges, not a specific quote.company-reportedSource ↗
  • services: Alliance Risk offers a no-charge review of an existing Tech E&O policy that identifies coverage gaps, retroactive-date issues and market alternatives, and says it typically delivers proposals within a few business days after reviewing a client's current program. Tech E&O page, "Get Your Tech E&O Risk Review" and "Policy Review" sections.company-reportedSource ↗
  • application: For a Tech E&O quote, Alliance Risk asks for the services offered, annual revenue and employee count, the three largest client contracts including indemnification terms, current E&O and cyber coverage, five-year claims history, and client concentration among the top three clients. Tech E&O page, "What We Need for Your Quote" section.company-reportedSource ↗
  • claims: The reviewed Tech E&O page describes the quote and policy-review process but does not describe a dedicated claims-reporting procedure or claims-advocacy service specific to a Tech E&O loss. Tech E&O page as read on 2026-09-23.not-foundSource ↗
  • insurer: Alliance Risk's Tech E&O page does not name the carriers it places coverage with; it says it "markets your risk to carriers that specialize in technology E&O" without identifying one. Tech E&O page as read on 2026-09-23; the issuing insurer depends on the specific placement.not-disclosedSource ↗

What Are the Key Differences Between AIG and Alliance Risk Tech E&O Insurance?

Coverage focus and published sizing

AIG describes Technology Services E&O for claims alleging errors or omissions in performing technology services, including third-party economic loss. Alliance Risk describes a broader set of Tech E&O examples, including failure to deliver, incorrect AI outputs, unmet specifications, and data loss caused by a company's own mistakes; it also gives illustrative limits from $250,000/$500,000 for freelancers to $2 million/$3 million or more for SaaS firms with many users. A technology buyer should map its actual services and customer contracts to the proposed wording, then test whether Alliance Risk's examples fit the desired limit. [2] [3]

Underwriting and quote preparation

AIG markets coverage for technology service providers without publishing a complete occupation list. Alliance Risk names SaaS, AI, MSP, software, analytics, staffing, and IT support businesses, and asks for revenue, employee count, major client contracts, current insurance, claims history, and client concentration to quote. The narrower application detail gives an applicant a concrete preparation list; AIG's public page leaves eligibility to underwriting. [2] [3]

What Should You Confirm in AIG and Alliance Risk Tech E&O Insurance Quotes?

  • Ask AIG which technology occupations qualify and what limits and retentions are available for the described services. [2]
  • Ask Alliance Risk to test customer indemnities and AI-output risks against quoted wording and confirm whether its illustrative limits fit. [3]

AIG describes E&O for technology-service errors and economic-loss claims; Alliance Risk publishes example limit ranges by business type and size.

Sources reviewed

  1. 01
    Chubb DigiTech Enterprise Risk Management Policy — Technology E&O, Cyber and Privacy Short Form Application

    ACE American Insurance Company / Chubb · Claims-made notice p.1; §2 Nature of Operations product/service schedule pp.2–3; §7 Technology E&O pp.4–5; §9–10 current and desired coverage pp.5–6 · accessed 2026-09-16

  2. 02
    Professional Liability Insurance

    AIG US · Technology Services description, lines 335–339; claims expertise lines 273–279; broker contact lines 385–389; legal footer policy-language caveat lines 485–489. · accessed 2026-09-30

  3. 03
    Tech E&O Insurance

    Alliance Risk · Opening placement description; Who Needs Tech E&O Insurance?; What Tech E&O Insurance Covers/Does NOT Cover; Tech E&O Insurance vs. Cyber Liability Insurance; How Much Does Tech E&O Insurance Cost?; Get Your Tech E&O Risk Review; What We Need for Your Quote; Policy Review · accessed 2026-09-23

  4. 04
    DigiTech Enterprise Risk Management

    Chubb · Coverage Synopsis > Third-Party Liability Coverage > Technology Errors and Omissions; Cyber, Privacy and Network Security Liability; footer product-summary disclaimer · accessed 2026-09-16

  5. 05
    Insurance and Bonding Guidelines

    Georgia Department of Administrative Services · Professional Liability / Errors and Omissions p.6; Technology Errors & Omissions (Cyber Liability) §9 pp.7–8 · accessed 2026-09-16

  6. 06
    Glossary of Insurance Terms

    National Association of Insurance Commissioners · Professional Errors and Omissions Liability; Errors and Omissions Liability | Professional Liability other than Medical · accessed 2026-09-16

  7. 07
    Appendix J – Contractor’s Insurance Requirements, Information Technology Umbrella Contract – Manufacturer Based (Statewide)

    New York State Office of General Services · §4 Technology Errors and Omissions, printed p.6 / PDF p.6; claims-made tail note · accessed 2026-09-16

  8. 08
    Technology Errors and Omissions Insurance

    The Hartford · What Is Technology Errors and Omissions Insurance?; differences between cyber liability and errors and omissions; How Technology Errors and Omissions Insurance Works With Contracts · accessed 2026-09-16

  9. 09
    Cyber Risk for Technology Companies

    Travelers · CyberRisk Tech coverage includes… technology errors and omissions; businesses can choose cyber protection, E&O protection or both; E&O coverage helps address… errors, omissions or negligent acts in the performance of its services · accessed 2026-09-16

Ask Kearny Risk to help relate this comparison to your services and contracts.

Contact Kearny Risk