Insurance
For The North

Specialized Technology & Telecommunications Insurance Expertise:
At 705 Insurance, we understand the fast-evolving risks faced by businesses in the technology and telecommunications industries. Our experienced brokers, led by Tom Putman, specialize in these sectors and can help ensure your business is protected from the unique challenges and threats these industries face. From data breaches to service interruptions, we will work with you to find the best coverage for your specific needs.

Comprehensive Coverage Options:
We offer a range of comprehensive insurance solutions tailored to protect every aspect of your technology or telecommunications business. Whether you're a software developer, a network provider, or a data center operator, we provide coverage to mitigate risks such as cyberattacks, intellectual property infringement, and business interruptions. We ensure that your operation stays secure, even in a constantly changing digital landscape.

Cyber Liability Insurance:
In today’s tech-driven world, cyber threats are a significant concern. Cyber liability insurance protects your business from the financial and reputational damage caused by data breaches, hacking incidents, or loss of customer data. This coverage can help cover legal costs, notification expenses, and the costs of rectifying a breach, ensuring that your business can recover quickly.

Equipment Breakdown Coverage:
Technology businesses often rely on specialized equipment, such as servers, computers, and telecommunication infrastructure. Equipment breakdown coverage ensures that if your vital equipment suffers a mechanical failure, you can cover the repair or replacement costs. This is essential for businesses where uptime is crucial to operations, such as data centers or service providers.

Professional Liability Insurance:
Also known as errors and omissions insurance, this coverage is essential for technology and telecommunications companies offering professional services. If a client claims that your services or advice caused them financial loss or reputational damage, this insurance covers legal fees and settlements. It’s vital for software developers, IT consultants, and other service-based technology businesses.

Business Interruption Insurance:
If an unexpected event disrupts your operations, such as a cyberattack, equipment breakdown, or natural disaster, business interruption insurance covers the loss of income while your business is unable to operate. This ensures your business can continue meeting its financial obligations and helps you recover more quickly from downtime.

Intellectual Property Insurance:
Intellectual property (IP) is a major asset for tech and telecom companies, whether it’s software, patents, or proprietary algorithms. IP insurance helps protect against infringement claims or damages from the unauthorized use of your intellectual property. This is critical for technology firms with unique products or innovations.

General Liability Insurance:
General liability insurance covers your business from third-party claims for bodily injury or property damage. For example, if a visitor is injured while at your business premises or if your product or service causes damage to a client’s property, general liability insurance will help cover legal expenses and settlement costs.

Commercial Auto Insurance:
If your business involves the use of vehicles for operations such as equipment delivery, installation, or transportation, commercial auto insurance is necessary. This covers damages from accidents involving your vehicles, providing protection for both your business and your employees on the road.

Customizable Coverage Options:
At 705 Insurance, we understand that no two technology or telecommunications businesses are the same. That’s why we offer flexible and customizable coverage options to meet the unique needs of your business. Whether you need additional coverage for specific tech assets, higher liability limits, or extra protection for your workforce, we can design an insurance policy that fits your operation.

Competitive Rates:
We work with a range of reputable insurance providers to offer the most competitive rates for your technology or telecommunications business. With our expert guidance, we’ll ensure you get the best value for your insurance investment while maintaining comprehensive coverage that protects your business from the risks you face.

Get a Quote Today

Protect your technology or telecommunications business with the right coverage. At 705 Insurance, we specialize in providing customized insurance solutions for the tech and telecom industries. Contact Tom Putman today to get a personalized quote and ensure your business is fully covered against evolving risks.

Protect Your Technology & Telecommunications Business with 705 Insurance
705 Insurance is committed to providing technology and telecommunications businesses in Ontario with comprehensive insurance solutions to safeguard their operations. Whether you're protecting against cyber risks, equipment failure, or intellectual property issues, we offer a wide range of coverage options tailored to your specific needs. Contact us today for a tailored insurance quote and ensure your business stays secure and resilient in the face of technology's ever-changing landscape.