Computer Software Design Errors and Omissions — provides professional liability coverage for computer software designers,
analysts, and consultants to cover errors in programs or in systems design.
This coverage is often written as part of a package policy arranged for
computer firms. The policies, which are provided on a claims-made basis, cover
financial losses that result from an insured's negligence. For example,
coverage would apply if a software designer's e-commerce program contained
a security glitch that allowed hackers to purchase goods with expired credit
cards.