What Are the Key Differences Between CFC and RiskCube Tech E&O Insurance?
One Insurer’s Package vs a Broker for Niche Tech
CFC underwrites a Technology package for companies from startups to multinationals, with a published $10,000,000 maximum across E&O, media and cyber. RiskCube is an independent broker that compares Tech E&O across unnamed insurers for AI/ML, fintech, govtech, defense, space and Web3 companies whose software or models can cause client losses or contract disputes. Choose CFC if you want copyright and trademark cover built in and a known limit ceiling; choose RiskCube if you build AI or sell to government, defense or financial customers and need someone to shop specialist insurers. [5] [3] [11] [10]
IP Included vs IP Commonly Excluded
CFC’s brochure lists IP infringement such as copyright and trademark disputes as part of the package. RiskCube covers software errors, SLA or contract failures, client financial losses and related data loss, but lists patent and other IP infringement among common exclusions, along with intentional wrongdoing, known incidents and insolvency. If an IP claim is a real risk for you, CFC starts ahead. [11] [3]
AI Excess and Contract Checks vs Incident Response
RiskCube can layer excess cover for AI-related gaps like algorithmic bias or hallucination claims, and checks the waiver-of-subrogation wording enterprise contracts demand. It asks for product, customer, revenue and contract details and says quotes typically return in about 24 hours. CFC offers incident response and a free monitoring app, and its application goes through your broker. [11] [3] [4]
What Should You Confirm in CFC and RiskCube Tech E&O Insurance Quotes?
- Ask RiskCube which insurer it proposes and whether IP claims are excluded. [11]
- Ask CFC what copyright and trademark cover your quote actually includes. [3]
- Ask RiskCube whether it is adding AI excess and whether waiver of subrogation is granted. [11]
- Get RiskCube’s limits to compare with CFC’s $10 million maximum. [3]