What Are the Key Differences Between Embroker and RiskCube Tech E&O Insurance?
One Blended Policy vs a Broker for AI, Fintech and Web3
Embroker sells its own blended Tech E&O and cyber policy, quoted directly online or through appointed brokers, with limits up to $5 million and named sub-limits. Its Embroker Access broker program excludes businesses involved in crypto, blockchain or cannabis. RiskCube is an independent broker that compares Tech E&O across outside insurers it doesn't name, targeting AI/ML, fintech, govtech, defense, space and Web3 companies. It asks for your product, customers, revenue, SLA or indemnity terms and claims history, and says quotes typically come back in about 24 hours. Choose Embroker if you're a mainstream software company that wants to buy online; choose RiskCube if you're in crypto, Web3, AI or defense and need a broker to find a willing insurer. [4] [3] [9] [8]
AI Excess Layers vs Excess That Can't Sit on Its Own Primary
RiskCube says limits depend on your contracts and exposure, with early-stage startups often starting lower, and it can layer excess cover for AI-specific gaps such as algorithmic-bias or hallucination claims while checking your MSA's waiver-of-subrogation language. Embroker's excess can't sit above an Embroker primary, so you'd need a second insurer for more than $5 million. [3] [4] [9]
IP Exclusions on Both Sides
RiskCube lists patent and other IP infringement among common Tech E&O exclusions. Embroker's retail page lists IP infringement as excluded while its broker program lists software code infringement as included. Neither gives you clear IP cover up front. [9] [4] [3]
What Should You Confirm in Embroker and RiskCube Tech E&O Insurance Quotes?
- If you're a crypto or Web3 company, check that Embroker's exclusion doesn't apply to you before applying. [3] [9]
- Ask RiskCube which insurer's form it's quoting and how its IP exclusion reads; ask Embroker the same. [9] [4]
- Compare Embroker's $5 million structure with RiskCube's quoted limits and any AI excess layer. [3] [9]
- Ask RiskCube how it supports you if a claim is made. [9]