cyber coverage for businesses News

PIA Makes Cyber Product Available for Agents to Sell to Small Business Clients

The National Association of Professional Insurance Agents (PIA National) has given its members a cyber insurance product to sell to their small and mid-sized businesses clients. PIA and ABA Insurance Services (ABAIS) have worked together with Great American E&S Insurance …

Sompo International Forms Cyber Team, Expands Insurance Offering

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has expanded its cyber insurance capabilities with the introduction of a dedicated U.S. team focused on cyber offerings, an enhanced cyber and professional liability product, …

Zurich Updates Cyber Insurance Policy, Includes More Coverages

Zurich Insurance has launched Zurich Cyber Insurance Policy with an updated form designed to help businesses protect themselves from cybersecurity risks. The new form replaces Zurich’s Security & Privacy policy and brings together coverages previously available only through endorsements. Through …

Ohio’s Grange Insurance Launches 36-Month Policy Option for Businesses

Columbus, Ohio-based Grange Insurance has introduced a new 36-month commercial insurance package policy, aimed at helping select businesses spend less time renewing their insurance each year and more time on what matters most — running and growing their businesses. Grange’s …

QBE Launches Privacy, Network Security Coverage for Businesses

QBE North America, an operating division of QBE Insurance Group Limited, has launched a new privacy & network security offering as part of its continued specialty insurance expansion. The new Solution for Cyber Risk product is a comprehensive product suite …

Zurich, Deloitte Partner on Cyber Risk Services for Clients

Zurich North America and Deloitte have collaborated to provide services aimed at educating and protecting customers from cyber related risks. Initial offerings include risk transfer options provided by Zurich and risk mitigation options provided by Deloitte Risk and Financial Advisory …

EPIC Launches Cyber Risk Insurance Platform for Small, Mid-Sized Businesses

EPIC Insurance Brokers & Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has launched its proprietary Cyber Risk and Insurance Platform tailored to small and mid-sized businesses. The initial offering of EPIC’s Financial Risk Solutions Specialty Group, …

Aon Launches Enterprise-Wide Cyber Coverage Targeting All Industries

Aon Risk Solutions, the global risk management business of Aon plc, has introduced Aon Cyber Enterprise Solution, a property/casualty and Internet of Things insurance policy that offers comprehensive and integrated enterprise-wide coverage against cyber risk. The new product offers cyber …

Ironshore’s Pembroke Agency Adds Cyber Coverage to Financial Institution Crime Policies

Ironshore’s Pembroke Managing Agency Limited has updated its Financial Institutions Crime program to include cyber fraud and cyber extortion. Pembroke’s crime coverage for Financial Institutions indemnifies a company for direct financial loss resulting from internal and external fraud incidents. The …

Grange Insurance Launches Cyber Coverage for Businesses

Grange Insurance launched new cyber coverage for businesses that offers protection against potential data breaches. The new coverage offers limits ranging from $25,000 to $1 million, first- and third-party coverage and breach response planning and reputation management from cyber security …