What Are the Key Differences Between Amelia Risk and Embroker Tech E&O Insurance?
One Blended Policy Under $300 Million vs a Separate Brokered Line
Embroker sells Tech E&O and cyber as one blended policy, directly and through Embroker Access brokers, for private, for-profit tech companies under $300 million in revenue, with limits up to $5 million. Amelia Risk places Technology E&O as its own line, separate from general liability and umbrella, and says you should generally buy it once people are using your technology; it publishes no revenue cap or limits. Choose Embroker if you're under $300 million in revenue and want E&O and cyber in one policy; choose Amelia Risk if you're above that cap or want E&O shopped on its own. [8] [7] [3] [5]
Conflicting IP Wording vs No Published IP Terms
Embroker's retail materials say the policy excludes copyright infringement, libel and intellectual property infringement, but its broker program lists software code infringement as included. That conflict matters if a customer could accuse your code of infringing theirs. Amelia Risk says Tech E&O covers financial loss from a failed product or service and doesn't publish IP terms. [8] [7] [5]
What Should You Confirm in Amelia Risk and Embroker Tech E&O Insurance Quotes?
- Ask Embroker to show on the actual form whether software code infringement is covered or excluded. [8] [7]
- Check your revenue against Embroker's $300 million cap, and ask Amelia Risk whether its insurers have a cap. [7] [2]
- If you already have Embroker primary cover, note that Embroker excess can't sit on top of it. [7]
- Ask Amelia Risk which insurer would issue its placement. [5]