Why Choose Our Cyber Risk Insurance?

Tailored Coverage: Get coverage that matches the unique cyber risks faced by your business.

Incident Response Support: Access to leading cyber incident response teams to manage and mitigate damage quickly.

Proactive Risk Management: Benefit from risk assessments and ongoing support to strengthen your cybersecurity posture.

Our Cyber Risk Insurance Solutions

Data Breach Liability

This solution covers the financial impacts of data breaches, including the costs of notifying affected individuals, providing credit monitoring services, and managing legal fees associated with the breach. It helps mitigate the costs and reputation damage from a data security incident.

Cyber Extortion/Ransomware

Protects against the financial impact of ransomware attacks and extortion threats. This coverage includes the costs of paying ransom demands and expenses related to restoring and securing your data and systems to prevent further attacks.

Network Security Liability

Provides coverage for claims arising from unauthorized access to or attacks on your company’s network. This includes expenses related to data loss, network outages, and costs associated with managing and resolving network security incidents.

Business Interruption Insurance

Business Interruption

Coverslost income and additional expenses incurred when a cyber event disrupts your normal business operations. This includes coverage for revenue losses and the extra costs of mitigating the impact of the interruption on your business.

Privacy Liability

Protects against liabilities resulting from the unauthorized disclosure or theft of personal or corporate data. This solution covers legal costs, regulatory fines, and penalties related to privacy violations and data protection failures.

Media Liability

Covers claims related to online content, including issues such as copyright infringement, defamation, and other media-related liabilities. This protection is crucial for businesses that create or distribute content online.

Frequently Asked Questions

What exactly does Cyber Risk Insurance cover?

Cyber Risk Insurance covers a variety of elements, including costs from data breaches, business interruption due to cyber incidents, legal fees, and even ransom payments demanded by cybercriminals.

Who needs Cyber Risk Insurance?

Any business that handles sensitive information digitally or relies on digital systems to conduct business operations should consider Cyber Risk Insurance. This includes small businesses, large corporations, and even non-profits.

How are premiums calculated for Cyber Risk Insurance?

Premiums are based on various factors, including your industry, the size of your business, your data exposure, your cybersecurity measures, and your claims history.

Can Cyber Risk Insurance cover previous incidents?

No, Cyber Risk Insurance policies do not cover incidents that occurred before the policy start date. Coverage is only applicable for events that happen during the policy period.

What is the first step if a cyber incident occurs?

Immediately contact our 24/7 incident response team. Quick action is crucial to mitigate damage and manage the situation effectively.

How can I reduce my cyber insurance premiums?

Implementing robust cybersecurity measures, conducting regular risk assessments, and training employees on cyber safety can potentially lower your premiums by reducing your risk profile.

Get Protected Today

Don’t wait for a cyber incident to disrupt your business. Contact us now for a detailed risk assessment and customized insurance solution. Secure your operations against digital threats.

Insights

September 23, 2024

High-Deductible Health Plans (HDHPs): Saving Money and Taking Charge of Your Health

High-Deductible Health Plans (HDHPs) have gained traction among both employers and employees – do you want to know why? At a glance, these plans offer a unique blend of cost savings and incentives for proactive health management, making them an attractive option for those looking to balance healthcare expenses and coverage. However, that’s not all. […]

Read More
September 23, 2024

Harnessing Data for Effective Population Health Management: Boosting Employee Wellness and Controlling Healthcare Costs

Businesses are increasingly leveraging data analytics to revolutionize their wellness programs and elevate population health management. By collaborating with employee benefits consultants, HR departments harness data-driven insights to understand employee health trends better, pinpoint potential risks, and craft tailored interventions that promote overall well-being. This proactive strategy allows HR teams to design more personalized and […]

Read More
September 23, 2024

Prioritizing Wellness: Boosting Employee Health and Business Success

Businesses seeking to enhance productivity, foster employee satisfaction, and manage healthcare costs effectively will find wellness programs to be a strategic and impactful solution. By focusing on the holistic well-being of employees—encompassing physical, mental, and emotional health—wellness programs create a healthier, more engaged workforce. Here are compelling reasons why integrating comprehensive wellness programs is essential […]

Read More
September 11, 2024

Key HR Compliance Deadlines You Can’t Overlook in 2024

Many important HR compliance deadlines are approaching quickly. Your immediate attention is required to ensure compliance and avoid costly penalties. Act now to ensure your organization stays ahead of these regulatory obligations. Major Medicare Part D Changes Coming in 2025 Starting in 2025, Medicare Part D will introduce a new, enhanced benefit design that could […]

Read More
September 11, 2024

8 Reasons Why Pollution Insurance is Important

Understanding the environmental risks associated with construction and industrial operations is crucial for business owners in these sectors. The potential liabilities and financial consequences of pollution incidents can be severe, impacting the environment and your bottom line. This is where Pollution liability insurance, also commonly referred to as environmental insurance, becomes an essential part of […]

Read More
September 10, 2024

IRS Issues Affordability Percentage Adjustment for 2025

This alert is applicable to all large employers (ALEs) – generally, those with at least 50 full-time equivalent employees. The Internal Revenue Service (IRS) has released Rev. Proc. 2024-35, which contains the inflation adjusted amounts for 2025 used to determine whether employer-sponsored coverage is “affordable” for purposes of the Affordable Care Act’s (ACA) employer shared […]

Read More
Skip to content document.addEventListener('DOMContentLoaded', function() { var videos = document.querySelectorAll('video.wp-video-shortcode'); videos.forEach(function(video) { video.muted = true; }); });