Cyber Liability
Offered by Breckenridge Insurance
Healthcare Computer Consultants Cyber Liability Lawyers Cyber Crime Cyber Risk Computer Hacking Coverage Financial Institutions Cyber Liability Retailers Educational InstitutionsDescription
At Breckenridge Insurance, our expert brokers understand the vulnerability, expense and far-reaching impact associated with data security breaches for organizations of all sizes. In today’s data-driven world—where vast and sensitive information is stored and transferred electronically on customers, clients, patients and intellectual property—it’s imperative to get the right coverage in place. Taking a proactive approach with your insureds is the best way to protect them and their hard-earned, trustworthy reputation.
Have a simple cyber risk? Click here to access our self-serve online portal for appointed agents.
Highlights:
- A.M. Best A+ Superior Rating
- Experienced Cyber Liability Team
- Limits available $25mm+
- Primary and XS Available
- Responsive Service and Support
- As little as 24-Hour Turnaround
Target Classes:
- Financial Institutions
- Healthcare
- Higher Education
- Lawyers
- Data Security
- Retail
- Network Providers
Lines of Business:
- Security and Privacy Liability
- Event Management
- Network Business Interruption
- Cyber Extortion
- Breach Response
- Forensic and Legal Assistance
- Regulatory Coverage
- Cyber Crime/Social Engineering
- Contingent Bodily Injury
- Breach Costs Outside the Limits
- Public Relations and Reputation Restoration
Additional Information:
- Cyber breaches are mostly a result of foreign offshore sophisticated hackers.
- False: Any lost devices, viruses, or disgruntled employees could compromise your data integrity.
- Only large retail and the healthcare system are at risk of hacking.
- False: Small businesses are vulnerable and may not be as well equipped to handle. They regularly face in excess of $200,000 in costs associated with a breach.
- All Cyber exposures are covered under general liability coverage.
- False: The increased risk today means less coverage with general liability policies.
- Using cloud storage service reduces risk and liability.
- False: Despite proactive efforts, cloud storage does not reduce cyber threats.
- The cost of a breach is limited to notification expenses and credit monitoring.
- False: Although 46 states require notification, there are legal costs and significant business disruption and reputational costs
Carrier Information
A-rated
Listing Contact
Breckenridge Insurance
Offered By
Downloadable Files
Availability 50 states + DC
Covered
Not Covered
