Now more than ever before, edtech has loads of responsibility on its shoulders. Although most edtech companies have been itching to implement their products full force, the climate hasn’t been entirely receptive. However, the COVID-19 pandemic made edtech learning invaluable. So, the tables are turning.
That said, now isn’t the time for edtech companies to misstep or falter in their business operations. Parents, teachers, students, etc. are all depending on these resources. Edtech companies can’t be distracted by legal disputes, failed product performance, or data breaches.
The world needs edtech companies, and edtech companies must deliver. For that reason, insurance plans designed for edtech companies exist. With the right policies, edtech companies can continue to benefit people worldwide in ways that we never imagined before.