A business' newest reality is not if it will be the victim of a cyberattack, but instead when it will happen. Therefore, cyber insurance must be a key component to all cyber strategies because it:
- Eliminates risk for businesses and clients.
- Lessens the likelihood of coverage lawsuits.
- Creates a transparent coverage world in which covered items and excluded items are clearly understood.
With over 30 years of insurance coverage experience, our team knows the importance of understanding the business and its crown jewels, recognizing potential attack vectors and prioritizing risks, and determining what amount of coverage is needed. By doing so, we can provide suggestions on what's needed to augment coverage.
Having reviewed dozens of cyber policies across various industries, we work together with insurers and insureds to offer strategic advice in getting the best policy placed.