Insurance packages for start-up technology businesses

Start-up business insurance

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Are you a start-up tech business looking for a comprehensive insurance product to protect your business as you begin to grow? 

If the answer is yes, read on to learn about Howden’s solution from our partner, specialist insurance provider CFC Underwriting, starting at a premium of just £750 per year*.

Who is it suitable for?

It could be right for your business if:

  • You’re a sole trader, partnership, limited liability partnership or private limited company domiciled in the UK
  • You have a turnover of under £375,000 in your previous financial year  
  • You have 10 or fewer employees 
  • You’ve received less than £10m in funding
  • You’ve not been SELLING your products/services for more than 3 years
  • You’re not a business within the financial institutions or medical technology arena 
  • Your employees do not undertake any work offshore, at height or below ground level
Insurtech insurance

What insurance cover is included?

  • Professional liability
  • Cyber liability
  • Intellectual property (excluding patent)
  • Bodily injury or property damage arising out of technology services and technology products
  • Cyber incident response, system damage and business interruption
  • Research and development expenditure
  • Employee & cyber crime
  • General liability
  • Employers’ liability

The product includes all standard sections under the CFC Technology wording. You’ll therefore benefit from a comprehensive cyber and technology insurance package, without the compromise of a diluted product.

two women talking

What does it cost?

The product packages within this offering are pre-priced and vary based on the limits applied to each of the insurance classes above. 

When we talk to you about your business’ requirements, we’ll ensure you have the right level of cover to suit you.

As these are off-the-shelf solutions, you’ll benefit from standard pricing starting from £750. To benefit from the low annual price tag, you’ll need to meet the specific criteria listed above. 

*The final price of the product varies based on the options and limits you select.
 

Next steps

If you’re interested in learning more, please complete the form below and one of our Tech team will be in contact to discuss your product requirements and pricing options. 

Are you regulated by the FCA, or an agent of a FCA regulated firm, or applying to be regulated by the FCA or an agent of a FCA regulated firm within the next 12 months?
Please select the type of technology products or services you are researching, developing, or selling.
How long have you been selling products to clients?
Select the nature of work undertaken by your employees
Are there any products registered as a medical device/software as a medical device or are you applying for any of your products to be registered as a medical device/software as a medical device within the next 12 months?
Where did you hear about this product?

Looking for something else?

If this product doesn’t meet the criteria of your business, please reach out to Tom Montague, our Technology Insurance Sales Director, who will be able to find an alternative solution for your business.

Email Tom