Yes! These are often essential:
- Professional Liability (E&O or Tech E&O) protects you if software error, missed specifications, or system downtime causes client financial loss.
- Cyber Liability Insurance is crucial when you handle sensitive data or connect to client systems; it covers data breaches, legal defense, incident notification costs, ransom demands, and recovery.
Both types are increasingly required by clients before contracts are signed—especially in regulated industries like finance or healthcare.