Specialized Insurance for AI Builders, SaaS Providers & Data Processors
Target Market: AI builders, SaaS providers, and data processors (Revenue $5M–$100M) where risk resides in asset creation—proprietary algorithms, models, and code.
Standard GL policies explicitly exclude "Failure of Technology." This exclusion is catastrophic for AI companies. TechEvolve AI replaces standard GL with specific Technology Errors & Omissions coverage.
Traditional cyber policies were designed before AI became business-critical. They fail to protect AI builders from the unique risks they face:
| Coverage Component | Description | Protection Provided |
|---|---|---|
| Algorithmic Liability | Bias / Discrimination | Covers damages from algorithm bias, discriminatory outputs, and automated decision-making errors |
| Model Theft (IP Protection) | Reverse Engineering Attacks | Covers business interruption, legal defense, and damages from model extraction and IP theft |
| Tech E&O Coverage | Software/Algorithm Failure | Covers liability when AI systems fail to perform intended function or contain critical bugs |
| Training Data Privacy | PIPEDA / CCPA Compliance | Covers regulatory defense and penalties for training data contamination and copyright infringement |
| Open Source Risk | Inadvertent Patent Infringement | Covers legal defense and damages from accidental use of incompatible open-source licenses in your AI products |
All coverage designed specifically for AI-era risks. Traditional policies don't understand algorithm bias, model extraction, or training data poisoning.
TechEvolve AI does NOT cover:
Building fraud detection models, algorithmic trading systems, and AI-powered financial tools.
Deploying diagnostic AI, medical imaging analysis, and patient support chatbots.
Creating predictive maintenance systems, quality control algorithms, and industrial process optimization AI.
AI-powered SaaS products, API-first platforms, and AI-as-a-service providers.
Companies providing AI data services, model training, or ML infrastructure platforms.
| Tier | Coverage Limit | Annual Premium | Target Customer |
|---|---|---|---|
| Starter | $500K – $1M | $15,000 / year | Early-stage AI startups, small SaaS platforms |
| Growth | $2M – $5M | $35,000 / year | Mid-market AI builders, growing SaaS companies |
| Enterprise | $10M – $20M | $75,000 / year | Large AI builders, established SaaS platforms |
Custom pricing available for organizations with complex AI risk profiles. Request assessment for personalized quote.
AI builders, SaaS providers, and data processors need TechEvolve AI coverage because standard General Liability policies explicitly exclude "Failure of Technology." This exclusion is catastrophic for AI companies that rely on their algorithms and models as core business assets.
TechEvolve AI provides comprehensive coverage including algorithmic liability (bias/discrimination), model theft protection (IP), Tech E&O (software/algorithm failure), training data privacy (PIPEDA/CCPA), and open source risk (patent infringement).
TechEvolve AI for Canadian AI builders starts at $75,000/year for comprehensive coverage up to $20M per incident. Pricing depends on your AI risk profile, data sensitivity, and revenue scale ($5M–$100M).
Yes, TechEvolve AI helps Canadian AI businesses comply with PIPEDA, Canada's privacy legislation, and data protection regulations. We understand Canadian privacy requirements and help you meet them for your AI systems.
Complete our 10-minute conversational AI risk assessment designed specifically for AI builders and tech companies. Get personalized insights into your algorithm risks, model vulnerabilities, and training data exposure.
Or contact us directly:
Email: [email protected]
Phone: +1 (888) 555-CYBER