Direct answer
It depends on your specific operations, but most software startups require Professional Liability (Errors & Omissions) to protect against claims of financial loss caused by software failure or professional negligence.
Industry-standard risk management guidelines for technology firms. For additional information about industry-standard risk management guidelines, see the Cybersecurity & Infrastructure Security Agency’s Cyber Essentials guide.
What this means for you
It depends on your specific operations, but most software startups require Professional Liability (Errors & Omissions) to protect against claims of financial loss caused by software failure or professional negligence.
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