Secrets Big Firms Use Technology E&O Insurance Perfectly
Key Benefits of Technology E&O Insurance
One of the primary benefits of Technology E&O Insurance is the financial protection it offers. Legal battles can be expensive, with costs often running into the millions. Having the right insurance can cover these expenses, allowing firms to focus on their core business operations without the distraction of a financial crisis. Additionally, this insurance can cover the costs associated with rectifying any mistakes, such as repairing faulty software or compensating clients for losses incurred due to service disruptions.