Our Specialties
Cyber Liability Insurance
Emerging Risk Insurance Services for You and Your Clients
Cyber Liability Insurance can protect your business from expenses and financial losses in the event of a cyber attack. These are losses that aren’t generally covered by a General Liability policy. This insurance can be essential in helping your company recover after a data breach, with costs that can include business interruption, loss of revenue, equipment damages, legal fees, public relations expenses, forensic analysis and costs associated with legal notifications.
Questions we ask our clients:
- Is your business obligated to comply with any industry or government mandated compliance frameworks? (HIPAA, PCI, NIST etc.)
- Could a data breach damage your reputation through negative press or limiting your attraction to new customers?
- Could your business suffer a financial loss if it were to be shut down due to a ransomware attack?
If you answered yes to any of the above questions, cyber liability insurance may be for your business.
Also, if you fall into any of the below categories:
You accept credit cards or other digital payment types.
You use computers and mobile devices.
You keep medical or financial data.
You store confidential customer information.
You send or receive wire payments or process sensitive data.
You operate online.
What We Cover
Our Cyber Liability Coverages
- Network and Information Security Liability
- Cyber Crime
- Technology Errors & Omissions and Multimedia Liability
- Ransomware and Cyber Extortion
- Business Interruption
- Breach Response Services
What is Cyber Liability Insurance & What does it Cover?
Cyber Liability Insurance is intended to protect consumers of technology products and services. Businesses in every industry face loss due to a system or data security breach. Industries most vulnerable include hospitality, finance & banking, healthcare, retail, and manufacturing.
On the other hand, Technology Errors & Omissions Insurance is designed for providers of technology products and services. Examples include cyber security vendors, data storage companies, computer manufacturers and software designers.
Discover if Cyber Liability Insurance is for your business.
