How Preventing ‘Cracked Planchet’ Development Errors Reduces Tech Insurance Costs

Why Software Stability Is Your New Best Insurance Policy

Let me ask you something: when was the last time you thought about your tech insurance costs while reviewing code? For growing companies, preventing development errors isn’t just about quality – it directly impacts your bottom line through insurance premiums.

Think of it like coin collectors examining minting errors. A tiny crack in the metal blank (what experts call a cracked planchet) ruins a coin’s value before it’s even stamped. Similarly, hidden flaws in your codebase create systemic risks that insurers hate – and make you pay more for coverage.

The Real Price Tag of Code Flaws

Here’s what we’ve learned working with tech insurers: they treat your software like collectors grade coins. Surface scratches (temporary bugs) get a pass, but foundational cracks (structural code issues) spike your risk profile.

Imagine building on a fractured foundation. That’s what insurers see when your team:

• Ships features without adequate test coverage
• Bypasses security scans for faster releases
• Ignores recurring error patterns in logs

How Insurers Measure Your Code Quality

Underwriters now peek under your technical hood more than ever. During renewal season, expect requests for:

• Unit test coverage reports (with historical trends)
• Proof of security gates in deployment pipelines
• Metrics showing how fast you detect production issues

Here’s a striking fact from Lloyd’s of London: teams maintaining 90%+ test coverage pay 26% less for cyber insurance than those hovering below 80%. That difference could fund an extra developer!

Try This Today: Set automated quality gates using tools you already own. This GitHub Actions workflow enforces test coverage minimums before code merges:
# Sample GitHub Actions workflow enforcing 90% test coverage
name: Coverage Gate
on: [pull_request]
jobs:
coverage:
runs-on: ubuntu-latest
steps:
- uses: actions/checkout@v3
- run: npm test -- --coverage
- uses: ArtiomTr/jest-coverage-report-action@v2
with:
min-coverage-overall: 90

Your Next Step Toward Lower Premiums

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