Industry Deep-Dive · 9 min read
Insurance for SaaS Companies: Coverage Stack and Underwriting
SaaS companies have one of the most predictable insurance footprints — and one of the most contract-driven. Here's the full coverage stack.
About the author
Written by Amir.
Core stack
General Liability + property if you have an office. Combined Tech E&O + Cyber form (most common SaaS placement). D&O for board/investor protection. EPLI as headcount scales across multiple states. Workers' Comp where required.
What underwriters care about
Customer concentration + average contract value. Whether you process payment data, PHI, or other regulated data. Hosting / sub-processor list (AWS, GCP, Azure, etc.). Security controls — see the cyber underwriting checklist.
Do I need separate Tech E&O and Cyber policies?
Most SaaS companies place a combined Tech E&O + Cyber form with a single carrier. Separating them is occasionally useful at scale, but rarely at Series A/B.
How are SaaS premiums priced?
Primarily on revenue, customer concentration, and the type of data you process. Security controls and prior loss history move pricing materially.
Frequently asked questions
Do I need separate Tech E&O and Cyber policies?
Most SaaS companies place a combined Tech E&O + Cyber form with a single carrier. Separating them is occasionally useful at scale, but rarely at Series A/B.
How are SaaS premiums priced?
Primarily on revenue, customer concentration, and the type of data you process. Security controls and prior loss history move pricing materially.
This material is general educational information, not legal, tax, or insurance advice. Coverage availability, policy terms, and regulatory requirements vary by state, carrier, and applicant.