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IT & Technology Insurance

In IT the claim is rarely physical — it's the code that failed, the migration that lost data, the outage that cost a client money, the breach that started on your watch. Professional indemnity and cyber are the two covers that answer that, and enterprise contracts increasingly name both before you can sign. We place them together.

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Cover

What it professionals insurance covers

Professional indemnity (technology)

For claims that your work, advice or deliverable caused a client financial loss — a coding error, a failed project, incorrect advice. The core cover for a contractor, consultant or MSP.

Cyber liability

For a breach, ransomware or outage — yours, or one that spreads to a client. It funds notification (a legal obligation under the Notifiable Data Breaches scheme), the response and the recovery.

Public liability & contract limits

The physical exposure for on-site work, plus liability at the limits enterprise and government contracts name. We place the mix your agreements actually require.

Cover, limits and examples shown are general in nature and subject to eligibility, underwriting and the terms of the issued policy.

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Authorised Representative of McLardy McShane Partners Pty Ltd (AFSL 232987).

FAQ

IT professionals insurance questions.

Speak with our team on 1300 080 323.

What insurance do IT contractors need?
Professional indemnity and cyber are the two that matter — one for a mistake in your work that costs a client, the other for a breach or outage. Many enterprise and government contracts require both, plus public liability, before you can sign.
What's the difference between professional indemnity and cyber for IT?
Professional indemnity covers claims that your advice or deliverable caused a client loss; cyber covers a data breach, ransomware or outage and the notification and recovery costs. They overlap at the edges, so we place them to work together rather than leave a gap.
Do I need to notify a data breach?
Under Australia's Notifiable Data Breaches scheme, eligible breaches must be reported — and the notification and response carry real cost. Cyber cover funds that obligation, which is a large part of why it's now standard for IT businesses.

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Stonewell Insurance Pty Ltd (ABN 23 645 965 699) is a Corporate Authorised Representative No. 1285612 of McLardy McShane Partners Pty Ltd (ABN 14 064 465 309, AFSL 232987).