Technology insurance
Protecting innovation.
In a fast-evolving landscape, the technology industry faces unique risks that demand specialised insurance and risk management solutions.
Since 1987, Austcover has partnered with businesses helping innovate for Australia's future. In recent years as Fin-Tech, SaaS, Consumer Technology, and other business have become more established, we've worked with them to offer tailored risk solutions that allows their innovation to thrive.
With locations in Brisbane, Melbourne, and the Gold Coast, we bring decades of expertise to safeguard your growth in this dynamic sector.
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The unique risks facing tech businesses
The tech sector is unlike any other. Rapid innovation, reliance on data, and regulatory complexities expose businesses to significant risks. Austcover understands these challenges and works with you to mitigate them. Key risks include:
Breaches, ransomware attacks, and data theft can cripple operations and erode customer trust.
Errors in software development or SaaS delivery can result in costly claims.
Protecting proprietary technology and ideas is critical in a competitive market.
Data centre outages or disrupted supply chains can lead to lost revenue and customer dissatisfaction.
Rapid changes in data privacy laws can leave businesses vulnerable to penalties.
AI, blockchain, and IoT developments introduce uncharted liabilities.
Why use an insurance broker?
Insurance can be a complex process, navigating through the various products, covers available, exclusions and confusing terminology. Having an experienced insurance broker on your side means you have a qualified professional who acts on your behalf, not for the insurer, ensuring your specific needs are assessed and you get the insurance program that works for you.
Why partner with Austcover?
With a track record of success since 1987, we’ve earned the trust of Construction businesses and principal contractors across Australia.
Every business has unique challenges, we work closely with you to create bespoke programs to meet your specific needs.
Our broking teams based in Brisbane, Melbourne and the Gold Coast support clients and businesses across Australia.
For us it's not just about an insurance policy, we work with you to find ways to mitigate your risks, providing a safe and secure future for your business.