What Are the Key Differences Between The Hartford and Vouch Tech E&O Insurance?
The Insurer’s Own Policy vs a Broker’s Placement
The Hartford underwrites FailSafe as its technology E&O policy for software and IT specialists, hardware manufacturers and telecom providers, and says it typically costs about $500 to $1,000 per employee a year. Vouch is a broker, not an insurer, that places tech E&O for AI, SaaS, eCommerce, fintech, hardware and crypto companies from first customer contract through IPO, starts online, and publishes no price or limits. Choose The Hartford if you’re an established IT, hardware or telecom firm that wants a known insurer and a budget figure; choose Vouch if you’re a venture-backed startup that wants to apply online. [6] [8] [9]
IP and Media Listed as Features vs a General Explainer
FailSafe lists intellectual property, media, security and data-privacy liability, while cyberattacks go on a separate Hartford cyber policy. Vouch’s article says tech E&O covers accidental IP infringement and third-party breach liability from a product vulnerability, and excludes cyber incidents on your own systems, employment claims and bodily injury. Vouch’s list is an explainer, not a specific policy, so you’ll see actual terms only in its quote. [6] [9]
What Should You Confirm in The Hartford and Vouch Tech E&O Insurance Quotes?
- Ask The Hartford which of its companies issues FailSafe, and ask Vouch which insurer it proposes. [6] [8]
- Confirm IP and media cover is on your FailSafe quote, and that Vouch’s form matches its article. [6] [9]
- Get limits from both; neither publishes a standard figure. [6] [9]
- Treat The Hartford’s per-employee range as a budgeting guide, not your price. [6]