What Are the Key Differences Between HUB International and The Hartford Tech E&O Insurance?
Named IP and Media Cover vs Continuity When You Switch
The Hartford underwrites FailSafe and lists errors-and-omissions, security, data-privacy and network-security, personal-injury, intellectual-property and media liability, with cyberattacks and leaks on a separate cyber product. HUB brokers technology E&O with outside insurers it doesn’t name; its E&O page covers defense, judgments, settlements and fines, with optional prior-acts cover back to a retroactive date and a tail for late-reported claims. Choose The Hartford if you want IP and media claims covered by name and a budget figure up front; choose HUB if you are replacing an existing policy and need your past work kept covered. [8] [4]
Published Price vs Custom Quote
The Hartford reports a typical cost of about $500 to $1,000 per employee a year, so a 20-person software firm can expect roughly $10,000 to $20,000. HUB publishes no pricing; it customizes by size, industry, location, risk and desired limits. [8] [4]
Hardware and Telecom Named vs 5,000 Tech Clients
The Hartford names software and IT specialists, hardware and electronics manufacturers, and telecom providers. HUB says it insures more than 5,000 technology companies, from startups to established software, hardware and digital-media businesses. [8] [5]
What Should You Confirm in HUB International and The Hartford Tech E&O Insurance Quotes?
- Ask HUB which insurer it would use and whether that form covers IP and media claims like FailSafe. [4] [8]
- Ask The Hartford whether you also need its separate cyber policy, or whether HUB can package cyber with E&O. [8] [5]
- Ask both about prior-acts cover and a tail if you are switching insurers. [4] [8]
- Get premium, limits and retentions in writing; The Hartford’s per-employee range is not a quote. [8] [4]