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Insurance for Mobile App Development Companies

Founder Shield understands the importance of insurance for a mobile app development business. As an industry leader, we are dedicated to providing comprehensive business insurance tailored specifically for the unique risks and challenges faced by a mobile app development business.

With the rapid growth of the app development industry, it is crucial for companies to protect themselves from potential liabilities. Founder Shield’s insurance for mobile application development companies from financial losses and ensures business continuity.

By leveraging our customized insurance plans, app developers can focus on their core business while knowing they are protected from unforeseen events.

Industry Overview

Driven by the increasing usage of smartphones, the mobile app industry has seen a huge surge of both opportunities and risks. Sensor Tower anticipates global mobile app revenue to reach $186 billion by 2027.

App developers are capitalizing on this trend to reach and engage with their target audience. Statista suggests the number of mobile apps in the Google Play Store reached 2.59 million recently.

While this growth offers promise to app developers, it also emphasizes the dire need of app developer insurance for protection against potential risks that contribute to increase in business interruption and legal fees resulting in financial losses.

Why is Insurance for Mobile App Development Companies Important?

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Financial Protection

Application development business insurance provides financial protection to app developers by covering potential liabilities such as a data breach, intellectual property dispute, and professional errors or omissions. This helps companies avoid significant reputational losses and potential bankruptcy.

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Risk Mitigation

Business insurance mitigates risks faced by app developers. With the increasing usage of smartphones and mobile devices, the industry is prone to security vulnerabilities and intellectual property disputes. Mobile app developer insurance helps companies address these risks and protect their business interests.

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Maintaining Trust and Reputation

Like any other business, app developers rely on the trust and reputation they have built with their clients. Insurance agents can help them maintain their client’s trust and reputation by offering business insurance solutions that demonstrate a commitment to protecting user data and addressing potential liabilities.

Attracting Business

Business insurance gives app developers peace of mind, knowing that they are protected from unforeseen events. This allows them to focus on their core business activities, innovate, and deliver high-quality apps, without constantly worrying about potential reputational or legal risks.

Mobile App Development Companies Insurance
Coverage & Policies

These coverages form the foundation of any risk management program for mobile app development companies:

general liability
General Liability Insurance Learn More
General Liability Insurance

This policy covers claims related to bodily injury, property damage, and personal/advertising injury. Even though app development is largely digital, mobile app developers often meet clients, showcase apps, or participate in events where accidents can occur, making this coverage important.

errors and omissions
Workers’ Compensation Learn More
Workers’ Compensation

This insurance addresses medical costs and lost wages for employees who get injured or ill due to their job. In the environment of a development studio, risks can include ergonomic injuries or even stress-related ailments.

Employment Practices Liability Learn More
Employment Practices Liability

Protects against claims from employees about issues like wrongful termination, discrimination, or harassment. As the tech industry is diverse and competitive, internal disputes or misunderstandings might arise, warranting this coverage.

Mobile App Development
Insurance Coverage

These policies are essential for or can be tailored to the needs of companies operating in the mobile app development space:

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Directors and Officers Learn More
Directors and Officers

This policy safeguards company leaders from potential legal claims stemming from their decisions and actions. The fast-paced and innovation-driven world of app development means company decisions can sometimes lead to unexpected repercussions, and this policy can shield leadership from any resulting fallout.

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Errors and Omissions Learn More
Errors and Omissions

This insurance is critical for claims arising from professional mistakes or oversights that lead to client financial losses. Given that app developers create products that businesses and consumers heavily rely upon, any flaw, bug, or oversight could result in significant damages, underscoring the need for this coverage.

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Cyber Liability Learn More
Cyber Liability

Tailored for losses from cyber threats such as data breaches or cyberattacks. Given that app developers often handle user data and have access to sensitive information, any potential vulnerability in the apps they develop or their own systems can be exploited, making this insurance crucial.


Covers losses linked to criminal activities like fraud, theft, or forgery. With the digital nature of app development, there’s the potential for internal fraud or intellectual property theft, making this coverage valuable.

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Digital Asset Learn More
Digital Asset

Focuses on the protection of digital assets like software licenses, proprietary algorithms, or even cryptocurrencies. For app developers, who may have a suite of digital tools and assets, protecting against the loss or corruption of these assets is essential.

Mobile App Development Insurance Costs

Business insurance for app developers cover various risks, including theft, lost wages, reputational losses resulting from third-party claims, medical bills for injured employees, and ensure that all your assets, including digital assets are safe.

App developer insurance cost depends on several factors such as app complexity, size of your user base, history of prior claims and experience, and your company’s commitment to security measures, etc.

Founder Shield tailors policies to suit your unique needs and budget by carefully assessing the risks a mobile app developer faces.

Mobile App Development Insurance Frequently Asked
Questions (FAQ)

The cost of insurance for mobile app development businesses will depend on several things, including the company’s size and development stage. Other factors include:

  • Exposures: risks being insured
  • Company practices: views on safety, compliance, and risk management
  • Program structure: the amount of deductible and willingness for a company to assume more risk
  • Claims history: the type and amount of past claims against the company

While there’s no universal mandate for mobile app development insurance, certain clients, contractual agreements, or industry standards might necessitate specific coverages. Given the intricacies of app development and potential vulnerabilities, many developers opt for insurance as a proactive risk management measure.

The appropriate coverage for mobile app development insurance largely depends on the scale of operations, nature of the apps being developed, potential liabilities, and the volume of sensitive data handled. Assessing risks, client expectations, and potential financial impacts will guide the determination of suitable coverage levels.

To secure mobile app development insurance, engage with insurance providers or brokers specializing in technology and digital product risks. They’ll assess the unique challenges of your operations, providing policies that align with your specific exposures.

Business liability insurance serves as a shield for companies against financial losses stemming from claims of injury or damage inflicted on third parties, either through the company’s products, operations, or premises.


Yes, mobile app development insurance policies can be tailored to fit the distinct risks and needs of your operations. This may encompass adjusting coverage limits, specific inclusions or exclusions, and bundling with other relevant insurance types. Collaborating with an experienced insurance professional ensures your policy is aptly matched to your business dynamics.

Mobile App Development Insurance Quotes

Finding mobile app development insurance coverage doesn’t have to be painful. We aim to make the purchasing experience as streamlined and intuitive as possible.

Get a quote

Use our custom-built digital platform to get quotes fast. We automate clerical tasks that plague traditional insurance brokerages, giving us more time to be responsive and alert to your company’s needs.

Pair with a specialist

No two organizations are the same. Our team of coverage experts partners with your team to engineer your risk management strategy, together. We take the time to understand the intricacies of your company to get you the best possible coverage.

Stay one step ahead

To do better, you need to know better. With changing political, technological, legal, and economic landscapes, staying ahead of the curve is critical.

Our in-house team is tapped into the latest developments in your industry, proactively ensuring you’re covered.

Jonathan Selby General Manager
Jonathan Selby, Tech Industry Specialist

Your Mobile App Development Insurance Specialist

Jonathan spent the first five years of his professional insurance career working as a generalist broker at a traditional firm on Long Island. Intrigued by how to leverage technology in the industry, he joined the Founder Shield team in 2016 and quickly grew into his current leadership role of General Manager. Jonathan works to oversee client strategy and communication, and has fostered a culture of providing unparalleled service and risk consulting for some of the fastest growing companies in the world. Outside of work, he can be found on the basketball court and chess board — but not at the same time.

Why Choose Founder Shield?

Founder Shield is focused on protecting rapidly evolving technology startups. We ensure that our products are tailored to meet the unique needs of mobile app development companies.

Benefits of Choosing Founder Shield:
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Industry Expertise

Founder Shield is focused on protecting rapidly evolving technology startups. We ensure that our products are tailored to meet the unique needs of mobile app development companies.

Customized Solutions

Founder Shield offers bespoke insurance policies that are designed specifically for each client’s needs, ensuring comprehensive coverage that addresses the unique risks associated with mobile app development operations.

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Fast Quotes

With Founder Shield’s streamlined quoting process, you can receive a personalized quote for your mobile app development insurance quickly, allowing you to make informed decisions fast.

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Ease of Use

Founder Shield’s user-friendly digital platform makes it easy to manage your insurance policies, submit claims, and access important documents whenever you need them.

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Dedicated Support

Founder Shield provides exceptional customer service, with dedicated account managers who are always available to assist you with any questions or concerns you may have about your insurance coverage.

Scalable Coverage

As your technology business grows, Founder Shield’s insurance policies can grow with you, ensuring you always have the right level of coverage for your changing needs.

Founder Shield is a preferred choice for mobile app development businesses because of our specialization in the industry. We offer flexible and customized insurance policies, a speedy quoting process, and exceptional customer service with dedicated account managers.