Cyber Insurance

Let us help you stay insured by taking your Pulse today

Cybersecurity insurance is designed to mitigate losses from a variety of cyber incidents, including data breaches, business interruption, and network damage. In our ever-evolving digital world, it’s more necessary than ever.

With historically high ransomware attacks driving unsustainable loss ratios, insurance is becoming harder to arrange and more expensive when you are approved. Insurers are backing out of the market and leaving companies scrambling to meet contractual requirements for coverage. Take the first step to qualifying for cyber coverage by running a Cybersecurity Pulse assessment and documenting your cybersecurity policies, practices and plans for improvement.

We can help you prepare for renewals or new coverage, and introduce you to brokers and insurers who specialize in matching cyber coverage to your risk.

Get ahead of the cyber insurance curve

In 2020, the explosion of remote work and the resulting ransomware attacks led to a larger-than-ever discrepancy between insurers’ earned premiums and incurred claims. This trend will likely continue, meaning that businesses seeking cyber insurance may see higher rates and stricter terms in the future.

Cyber liability loss rates for businesses have been increasing at an unsustainable rate throughout the past couple of years. As this trend continues, more businesses will begin seeking cyber insurance in an increasingly stressed market.

Now is the time for small and medium-sized businesses to get covered. Let us help you find the insurance solution that fits your needs.