Smart Coverage Solutions For A Better Tomorrow


MGRA provides tech companies, including manufacturers of hardware and software developers of custom products and applications, with comprehensive, competitive coverage solutions. Our expertise and experience provides us with access to insurance companies that specialize in creating tailored insurance programs for these dynamic technology industry sectors.

Insurance for Hardware Manufacturers

The design, development, manufacturing or assembling of technology hardware products involves a broad range of challenges and risks. For example, a fire at your server manufacturing facility can stymie research and development for months. A defective product from one of your subcontractors can result in loss of revenue and reputational damage. If a piece of equipment breaks down, it can cause production delays. These and other exposures can hinder your business success.

We offer sound, flexible and broad insurance and risk management solutions designed for hardware manufacturers. Whether you’re in the business of building computers, circuit boards or communications equipment, we have the knowledge, experience and markets to address your risks.

Coverage solutions include everything from General Liability and Property to Electronic Data Processing, Products & Completed Operations, Professional Liability, Business Interruption & Dependent Business Interruption, Cyber Liability, Executive Protection Liability, Workers Compensation and much more.

Insurance for Software Developers

In developing custom software and applications, developers face a number of unique exposures that could potentially result in revenue loss and reputational damage. All it takes is just one glitch to render the software useless or a security breach that can compromise intellectual property.

Our professional staff will help minimize and protect you against risks so you can focus on the project you’ve been contracted to undertake. We will assess your operation and exposures, determine the coverages you require and what risk management measures should be implemented to avert losses. We’ll review your existing insurance program to see if there are any gaps. If you’re a start-up, we’ll help navigate you through what insurance is required to remain well protected.

We want to ensure your contractual obligations are clearly understood and spelled out including the insurance requirements of all parties. For example, that you have a business continuity plan in place, including for any overseas development centers on which you rely, your independent developers are properly classified, and you have strong employment practices in place to minimize allegations of discrimination and harassment.

Coverage solutions include: Property and Business Interruption, Errors and Omissions, Cyber Liability, General Liability, Products Liability & Completed Operations, Intellectual Property, Privacy & Communications Liability, R&D Property, Employment Practices Liability Insurance, Commercial Umbrella, and Workers Compensation.


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