What Are the Key Differences Between Cowbell and Gallagher Tech E&O Insurance?
Named Program With $5 Million Limits vs Broker Placement
Cowbell’s Prime Tech combines tech E&O and cyber in one policy for tech businesses with up to $1 billion in revenue, with limits up to $5 million and a Prime Tech Plus excess layer also up to $5 million. Gallagher’s technology practice places a combined E&O and cyber policy, covering breaches, ransomware and privacy violations, with outside insurers, and publishes no limits, retentions or premiums. Choose Cowbell if you want known limits and a product your agent can quote directly; choose Gallagher if you want a broker with 7,500-plus tech clients and over $1 billion in placed premium shopping several insurers. [4] [3] [5]
Security Services on the Policy vs Broker Tools
Cowbell says Prime Tech policyholders get Cowbell Resiliency Services, Connectors, its Co-Pilot tool and free Wizer security training. Gallagher offers practice-level tools, including Drive analytics, Go, STEP training, Submit tracking and Verify certificates, through more than 250 technology specialists, but doesn’t say they come with every tech E&O placement. [4] [5]
What Should You Confirm in Cowbell and Gallagher Tech E&O Insurance Quotes?
- Ask Gallagher which insurer, form and limits it is placing. [5]
- Ask Cowbell which insurer issues Prime Tech. It is written outside the standard state-regulated market, so state guaranty-fund protection generally does not apply. [4]
- Ask both how their wording treats late delivery, copyright disputes and ransomware. [4] [5]
- Ask Gallagher whether its digital tools come with your tech E&O placement. [5]