What Are the Key Differences Between Gallagher and Risklytics Tech E&O Insurance?
E&O and Cyber on One Policy vs E&O for AI Risk
Both are brokers, and neither names the insurer. Gallagher markets technology E&O as a single policy combining professional E&O with cyber liability. Risklytics places Tech E&O that pays when your product or service costs a customer money, keeps it separate from cyber for hacks and data leaks, and uses specialist insurers willing to write robotics, autonomy and AI risk. Choose Gallagher if you want E&O and cyber in one policy; choose Risklytics if AI or autonomous systems are core to your product. [3] [9] [7]
AI-Exclusion Review and Typical Limits vs None Published
Risklytics says some insurers quietly exclude AI-related losses, so it reads every form for those exclusions before binding, and its customers typically ask for $1 million to $5 million per claim. Gallagher describes no AI-exclusion review and publishes no Tech E&O limits. [9] [3]
Online Application With No Broker Fee vs Not Described
Risklytics starts with an online application, adds no broker fee on top of premium, and keeps a licensed producer on your file until you bind. Gallagher describes neither an online application nor its fees for this line. [8] [7] [3]
What Should You Confirm in Gallagher and Risklytics Tech E&O Insurance Quotes?
- Ask Risklytics to show the AI exclusions on your form, and ask Gallagher whether its combined wording excludes losses from model output. [9] [3]
- Get Gallagher’s limits to compare with Risklytics’ typical $1–5 million. [9] [3]
- If you go with Risklytics, decide whether you need a separate cyber policy. [9] [3]
- Ask Gallagher how it’s paid; Risklytics says it takes only insurer-paid commission. [8] [3]