IT Companies Insurance

From $19/month. Broad cover from liability, injuries, & more.

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Get Singapore's best insurance for IT Companies. Broad cover from business lawsuits, employee injuries, property damage, & more.

Whether you’re an IT consultant, a software developer, or a web developer, you’ll need insurance to protect your business. IT companies insurance from Provide starts with professional indemnity insurance, so that you’re protected from lawsuits. You’ll also want to cover yourself against staff injuries and Covid-19 infections, public liability, and employee theft.

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Buy IT Companies Insurance Package
from just $19/month

  • Commercial Property Insurance
  • Public Liability Insurance
  • Business Interruption Insurance
  • Work Injury Insurance
Save up to 25%

What types of insurance do IT companies need?

CoverExplanationImportance for IT companies
Professional indemnity insuranceCovers negligence, errors and omissions, professional mistakes that result in lawsuitsCritical
Cyber liability insuranceCovers liability from cyber attacks that expose your customers/clients dataCritical
Directors & officers (D&O) insuranceCovers personal lawsuits against directors and officersCritical
Work injury compensation insuranceCovers work-related injuries/sickness, including Covid-19 infections

Legally required for manual workers

Critical for office workers

Commercial property insuranceCovers fire, water damage, burglary, etc.Critical if you rent commercial property
Public liability insuranceCovers customer injuries, and third-party property damage (e.g. during renovations)Critical if you rent commercial property
Machinery and equipment insuranceCovers sudden breakdown of IT equipment (e.g. servers)Good to have

Professional indemnity insurance
Professional indemnity insurance is absolutely vital for IT companies. Whether you develop software, work on cybersecurity, or perform IT-related activities for clients, there is significant legal liability if you make a mistake and clients suffer losses. Professional indemnity insurance will protect IT companies from lawsuits related to negligence, errors and omissions, IP infringement, and more.

Commercial property insurance
If you rent an office for your IT business, commercial property insurance will protect your business premises. Commercial property insurance will cover you against major risks like fire, water damage, and burglary. It covers your office contents like computers, business inventory, furniture, and other belongings.

Public liability insurance
Public liability insurance will protect you from liability for injuries/property damage to third-parties. For instance, if you work on equipment that belongs to your clients and end up damaging it, they can hold you legally liable for the costs to repair or replace it.

How much does IT companies insurance cost?

CoverCoverage amount (example)Typical premium
Professional indemnity insurance$100,000From $42/month
Cyber liability insurance$250,000From $49/month
Directors & officers (D&O) insurance$100,000From $49/month
Work injury compensation insurance

$10 million common law annual limit

$45,000 medical expenses cover

From $5/month, per worker
Commercial property insurance$100,000From $9/month
Public liability insurance$250,000From $9/month

Buy IT companies insurance now

From just $19/month. Comprehensive & tailored coverage for IT firms.
Save up to 25%

Why use Provide for IT companies insurance?

  • Save up to 25% on your premiums
  • Broad coverage from renowned insurers
  • Industry experts with 20+ years combined experience to provide tailored advice
  • Available by phone 7 days/week 

Get comprehensive IT companies insurance, from $19/month. Speak with our experts today!

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