diff --git a/backend/app/api/v1/routes.py b/backend/app/api/v1/routes.py
index 5eac974..43bd6b6 100644
--- a/backend/app/api/v1/routes.py
+++ b/backend/app/api/v1/routes.py
@@ -1,9 +1,10 @@
-from fastapi import APIRouter, HTTPException, BackgroundTasks
+from fastapi import APIRouter, BackgroundTasks
 from fastapi.responses import JSONResponse
 from backend.app.models.report_models import ReportRequest, ReportResponse
 from backend.app.services.report_service import generate_report, in_memory_reports, get_report_status_from_memory, get_report_data
 from backend.app.core.orchestrator import create_orchestrator
 from backend.app.core.logger import api_logger
+from backend.app.core.exceptions import ReportNotFoundException, AgentExecutionException
 import asyncio
 
 router = APIRouter()
@@ -28,13 +29,23 @@ async def dummy_agent_two(report_id: str, token_id: str) -> dict:
 async def read_root():
     return {"message": "Welcome to API v1"}
 
+async def _run_agents_in_background(report_id: str, token_id: str):
+    try:
+        await orchestrator_instance.execute_agents_concurrently(report_id, token_id)
+    except Exception as e:
+        api_logger.error(f"Agent execution failed for report {report_id}: {e}")
+        # Here you might want to update the report status to 'failed' in in_memory_reports
+        # For now, we'll just log it.
+        if report_id in in_memory_reports:
+            in_memory_reports[report_id]["status"] = "failed"
+            in_memory_reports[report_id]["detail"] = f"Agent execution failed: {e}"
+
 @router.post("/report/generate", response_model=ReportResponse)
 async def generate_report_endpoint(request: ReportRequest, background_tasks: BackgroundTasks):
     api_logger.info(f"Received report generation request for token_id: {request.token_id}")
     report_response = await generate_report(request)
     report_id = report_response.report_id
-    # Execute agents concurrently in a background task
-    background_tasks.add_task(orchestrator_instance.execute_agents_concurrently, report_id, request.token_id)
+    background_tasks.add_task(_run_agents_in_background, report_id, request.token_id)
     return report_response
 
 @router.get("/reports/{report_id}/status")
@@ -43,7 +54,7 @@ async def get_report_status(report_id: str):
     report = get_report_status_from_memory(report_id)
     if not report:
         api_logger.error(f"Report with id {report_id} not found for status request.")
-        raise HTTPException(status_code=404, detail="Report not found")
+        raise ReportNotFoundException(detail="Report not found")
     return {"report_id": report_id, "status": report["status"]}
 
 @router.get("/reports/{report_id}/data")
@@ -74,4 +85,4 @@ async def get_report_data_endpoint(report_id: str):
                 },
             )
     api_logger.error(f"Report with id {report_id} not found or not completed for data request.")
-    raise HTTPException(status_code=404, detail="Report not found or not completed")
+    raise ReportNotFoundException(detail="Report not found or not completed")
diff --git a/backend/app/core/exceptions.py b/backend/app/core/exceptions.py
new file mode 100644
index 0000000..e7f6705
--- /dev/null
+++ b/backend/app/core/exceptions.py
@@ -0,0 +1,10 @@
+
+from fastapi import HTTPException, status
+
+class ReportNotFoundException(HTTPException):
+    def __init__(self, detail: str = "Report not found"):
+        super().__init__(status_code=status.HTTP_404_NOT_FOUND, detail=detail)
+
+class AgentExecutionException(HTTPException):
+    def __init__(self, detail: str = "Agent execution failed"):
+        super().__init__(status_code=status.HTTP_500_INTERNAL_SERVER_ERROR, detail=detail)
diff --git a/backend/main.py b/backend/main.py
index 0cd2198..33f5a7b 100644
--- a/backend/main.py
+++ b/backend/main.py
@@ -2,12 +2,59 @@
 
 load_dotenv()
 
-from fastapi import FastAPI
+from fastapi import FastAPI, Request, HTTPException
+from fastapi.responses import JSONResponse
 from backend.app.core.config import settings
 from backend.app.api.v1.routes import router as v1_router
+from backend.app.core.exceptions import ReportNotFoundException, AgentExecutionException
+from backend.app.core.logger import api_logger
 
 app = FastAPI(title=settings.APP_NAME, debug=settings.DEBUG)
 
+@app.exception_handler(ReportNotFoundException)
+async def report_not_found_exception_handler(request: Request, exc: ReportNotFoundException):
+    api_logger.error(f"ReportNotFoundException: {exc.detail}")
+    return JSONResponse(
+        status_code=exc.status_code,
+        content={
+            "message": "Report not found",
+            "detail": exc.detail
+        },
+    )
+
+@app.exception_handler(AgentExecutionException)
+async def agent_execution_exception_handler(request: Request, exc: AgentExecutionException):
+    api_logger.error(f"AgentExecutionException: {exc.detail}")
+    return JSONResponse(
+        status_code=exc.status_code,
+        content={
+            "message": "Agent execution failed",
+            "detail": exc.detail
+        },
+    )
+
+@app.exception_handler(HTTPException)
+async def http_exception_handler(request: Request, exc: HTTPException):
+    api_logger.error(f"HTTPException: {exc.detail} (Status Code: {exc.status_code})")
+    return JSONResponse(
+        status_code=exc.status_code,
+        content={
+            "message": exc.detail,
+            "detail": exc.detail
+        },
+    )
+
+@app.exception_handler(Exception)
+async def generic_exception_handler(request: Request, exc: Exception):
+    api_logger.exception(f"Unhandled exception: {exc}")
+    return JSONResponse(
+        status_code=500,
+        content={
+            "message": "Internal Server Error",
+            "detail": "An unexpected error occurred."
+        }
+    )
+
 app.include_router(v1_router, prefix="/api/v1")
 
 @app.get("/health")