Can Canopius accommodate the unique risks of an emerging technology or AI business?

Our underwriting approach involves working closely with various innovative business models. We will assess your technology, development roadmap, and liability landscape to help you structure coverage for conventional and emerging risks. This ensures your protection remains relevant as your business grows.

How does Canopius ensure continuity for my technology business if I decide to make a claim?

We minimise disruption from the first notification by providing immediate access to a dedicated claims specialist and, when needed, pre-approved incident response partners. Our approach supports your financial recovery and operational continuity to help support your market position when times are more challenging.

What is not covered by Cyber Liability insurance?

Cyber liability insurance focuses on digital threats like ransomware or data breaches. It typically does not cover physical damage to hardware or gadgets.

Can I customise my Technology industry insurance policy?

Yes, our policies are bespoke and flexible, allowing you to tailor cover to your specific operational risks. We work with you to adjust coverage limits and deductibles so your policy evolves with your business. This customisation is a core component of effective risk management for technology companies, providing a suitable fit for your unique exposure profile.

Technology industry insurance

Protect your business with tailor-made technology insurance coverage when you need it most.

Technology companies deal with constant cyber threats, data breaches, and rapidly shifting market pressures. These vulnerabilities can cause severe financial losses and erode your competitive edge.

With the right technology insurance coverage, you can rest assured that your assets, intellectual property, and operational continuity are in safe hands. Explore our bespoke cover offerings below.

Technology industry insurance products

Canopius offers the following insurance products tailored to the technology industry:

Crisis Management Insurance

Cyber Insurance

Digital Asset Insurance

Management Liability Insurance

Open Market Property Insurance

Our expertise is in insurance solutions

At Canopius, we understand the risks faced in the technology industry and have a range of solutions built to support your business.

Crisis Management insurance

Provides protection for technology firms against malicious acts, terrorism, and sabotage, with tailored support for critical infrastructures like data warehouses and digital platforms. This cover helps maintain continuity and manage reputational risk in the face of high-impact disruptions.

Cyber insurance

Protects against cyber threats such as data breaches, ransomware, and network security failures. Cover includes legal, regulatory, and recovery costs to minimise disruption.

Digital Asset insurance

Safeguard your critical digital assets, including software, data, and intellectual property, from loss, damage, or theft for peace of mind, continuity and protection.

Management Liability insurance

Provides comprehensive liability cover for technology-driven businesses facing commercial disputes, contractual risks, and professional errors. This cover helps mitigate financial fallout, ensuring long-term stability.

Open Market Property insurance

Provides protection for physical technology assets such as offices, labs, data centres, and crypto-mining facilities against risks including fire, flood and accidental damage – supporting business continuity in fast-moving environments.

Why choose Canopius?

Canopius Syndicate 4444 is the largest in Lloyd's of London with a £2.55 billion capacity

We have built our trust and reputation across the globe offering insurance expertise, from the largest capacity in London to the single largest Lloyd’s syndicate in APAC.

Our reinsurance and US business are tailored to meet your needs as a bespoke insurance provider, offering distribution partners a variety of underwriting platform solutions to suit each client.

More than 20 years of experience

Backed by more than 20 years of experience, we have built a reputation for excellence in technology insurance – delivering tailored solutions that protect your investments and manage complex portfolios.

In 2024, the Canopius Group wrote $3.53 billion (USD) of insurance contract written premium

With a portfolio exceeding $3.53 billion in annual gross written premiums, our syndicate is trusted globally to provide robust and reliable coverage for a diverse range of construction and engineering risks.

Our specialists provide cover for

We tailor insurance cover solutions for a broad range of organisations operating within the technology sector, including:

AI and emerging tech companies
Cloud service providers
Cybersecurity firms
E-commerce and online platforms
Fintech and payment processors
Hardware manufacturers
Software developers and IT service providers

Each technology industry insurance policy is customised to address the unique risks faced by your organisation for your peace of mind.