Technology Insurance

We LOVE technology! We are extremely well-versed in techno-speak and we understand technology services as well as the various and unique risks that they have, including latent security issues, cyber and data loss liability, and many others.  We have excellent policies and protection services for all types of technology-based businesses and we can provide exactly what it is that you need.

• General Business Liability
• Business Property
• Worker's Compensation
• Business Auto
• Loss of Income
• Cyber / Data Liability

• SaaS Businesses
• Web Design (inc. eCommerce risks) 
• Online Retailers
• Technology Consultants
• Data and Communications
• Internet Access Providers
• Technology Facilities Management Services
• Many More

What is Cyber or Data Liability insurance?

We have all heard about the numerous hacks and theft of personal data that occur on a regular basis and, as a technology professional, you already know that the sensitive customer data stored within servers and in the cloud is vulnerable to attacks from hackers and other cyber criminals. While most people think only large corporations are in danger of cyber-crime attacks that is simply not true. All businesses that use computers connected to the Internet are at severe risk.  In addition, paper or hard copy files or non-electronic information that is stolen, lost, or accessed by others also fall under the exact same federal laws and reporting guidelines (and penalties) as electronic information. This means that simply dropping a piece of paper with a customer's social security number, banking information, or other sensitive information puts your business at immediate risk for any and all legal liabilities associated with the misuse of that information. 

And most policies clearly EXCLUDE coverage for any cyber or data loss coverage - which means that you are 100% at risk. We can solve that problem.


What are the Benefits of Cyber Liability Insurance?

Consider this, in the event of a data breach, you (by federal law) are required to notify each and every customer that could potentially have been affected. You are also required to provide at least one year of credit monitoring service as well as being legally liable for any resulting damage to customers originating from the breach. 

Can your company afford to pay tens of thousands, or possibly hundreds of thousands, of dollars for mailing, printing, and customer contact costs? Credit service fees for customers? New security installation and testing? 

What about the impact on your company's reputation and brand?

Cyber-liability insurance covers these unexpected costs in the event of a data breach, including:

• Reimbursement of fraudulent charges
  

• Identity protection services for customers at risk of identity theft

• Damage control for your business’ reputation

• Legal fees associated with the attack or data loss

• And other cleanup efforts

Contact us today at (800) 604-4355 to speak with us about your business's needs.