CYBER INSURANCE

What is Cyber Insurance?

Cyber insurance is a type of liability insurance that provides protection to businesses from a data breach involving sensitive customer information like Social Security numbers, credit card numbers, sensitive health information, and account numbers. If a data breach occurs, customers must be notified. This can be an expensive and time consuming process. Cyber insurance takes care of this for businesses, creating less expenses and stress during a vulnerable time.

Besides legal fees and expenses, cyber insurance also helps with repairing damaged computer systems and recovering compromised data. This can reduce major costs if a breach happens. The cost and amount of insurance may vary. When planning for cyber insurance, it’s important to consider the type of personal data a company stores and how many customers they work with annually.

How does Cyber Insurance respond to a Cyber-Attack?

We want to keep your company safe even in the worst-case scenario - the event of a cyber-attack. Our special tools help us to determine what level of cyber coverage you need and, in particular, what gaps in coverage you might currently be experiencing. By providing coverage to close these gaps, we'll help to keep your data safe from cyber-attacks. How do we determine what you need? We pull from emerging marketplace data to bring you top-of-the-line coverage at all times.

In today's digitally driven world, it's not a good idea to go without coverage. All businesses, no matter their size and scale, need some type of coverage for cyber liability and data breaches. We're here to help determine what type of coverage is right for yours.

Cyber Insurance from Webb Insurance Group

In years past, cyber insurance was not nearly as necessary. However, times are changing and the online world has rapidly advanced. Therefore, this emerging insurance coverage has become more essential than ever for businesses. We're here to answer your questions about cyber insurance, why you need it, and what type of insurance plan would best protect your business.