While the Silicon Slopes has emerged as one of the heaviest hitters in the U.S. for tech start-ups, the insurance world is scrambling to catch up on how to properly insure these businesses. It is quite foreign to a more antiquated style of business like insurance.
General Liability, Errors & Omissions (Professional Liability), and Cyber Insurance are vastly different types of insurance for companies within the Tech Industry vs companies outside of the Tech world.
With the recently emerged Big Data & SaaS presence in the Intermountain region, its no longer hardware and integration companies that have the insurance carriers wondering how high they should set premiums!
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