Cyber Liability Coverage
Coverage that really covers.
Our cyber liability and data breach coverage offers a package that can help keep your business protected in the event of a loss.
What we offer:
First-Party Privacy Breach Expense
Pays your costs for notifications, monitoring, investigations, and crisis management expenses. Includes coverage for Extortion Threat Expenses as well as Data Replacement and System Restoration Expenses up to $10,000.
Third-Party Cyber Liability Coverage
Pays your liability to others due to a data breach within your business, including PCI Fines up to $10,000.
Regulatory Proceeding Claim Expense
Pays fines and penalties assessed against you as a result of investigations into a potential data breach or violation of privacy laws.
First-Party Business Interruption
This coverage is optional and added for an additional premium. It pays your business income loss and extra expenses sustained during the reconstruction period due to a cyber or data breach liability loss.
67%
The percent of small and medium-sized companies who experienced a cyberattack in the last year.
$2.98 Million
The average cost of a data breach for organizations with fewer than 500 employees.
32,434
The average number of records exposed per breach in 2019.
55%
The percent of cyber incidents that occurred due to malicious intent.
Thoughtful tips:
Here are a few thoughtful tip you can use to prepare and protect your business from losing information, time, and money due to a criminal or accidental security breach.
Safeguard your digital files.
Refrain from public wi-fi, limit portable tech, and practice privacy via use of cyber risk controls such as encryption, firewalls, and daily anti-virus software scans.
Secure your office.
Lock up data, get organized, start screening, and establish a routine.
Protect your company.
Get informed, train employees, control access, and stay vigilant.
Cover it all.
Get insured.
Thoughtful coverage for businesses.
No two businesses are the same. We've got yours covered. Our coverage is tailor-made for a variety of industries.