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Prediction: Colombia: Increasing adoption of technology will boost demand for Tech E&O policies

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Prediction

Interest in Tech E&O (errors and omissions) insurance policies will grow in Colombia, particularly among software companies, startups and technology consultancies. As more businesses rely on digital solutions, the risks associated with service failures, software errors and contractual breaches become critical. Insurers will see increased demand for these specialised policies to protect companies from potential litigation and financial losses due to errors in their technology products and services.