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Average Ratings 0 Ratings
Description
We offer our clients expertly crafted insurance solutions, insightful risk management guidance, and prompt, dependable response services that are activated when a claim arises. Beazley is recognized for leading the market with our exceptional cyber breach and network security offerings. Notably, our Beazley Breach Response product, tailored for small and medium-sized enterprises, stands out in the industry as it is supported by a dedicated division, BBR Services, which orchestrates all necessary response services in the event of a breach. To date, BBR Services has effectively assisted clients in managing thousands of cyber incidents. Additionally, in the realm of professional liability, we deliver cutting-edge coverage for cyber and technology risks, catering to a diverse range of professions and businesses, ensuring comprehensive protection in an ever-evolving digital landscape. This commitment to innovation and client support reinforces our position as a trusted partner in today's complex risk environment.
Description
Cyber liability insurance serves as a safeguard for small businesses against the substantial financial repercussions stemming from data breaches and cyberattacks. It encompasses various costs, including notifying customers, providing credit monitoring services, covering legal expenses, and paying fines. With the rise in frequency and cost of cyber threats, small businesses, often equipped with inadequate cybersecurity measures, find themselves at heightened risk. A cyberattack can have dire consequences, potentially leading to a business's closure; startlingly, 60% of small businesses do not survive beyond six months following such an incident. By securing cyber insurance, businesses can mitigate the financial fallout from these attacks, ensuring coverage for legal fees, credit monitoring, and other significant expenses. Furthermore, in instances where hackers demand ransom for stolen sensitive information, cyber liability insurance can assist in meeting those demands, facilitating a more robust recovery process for the affected business. Thus, this type of insurance is not merely a precaution but a vital component of a small business's risk management strategy.
API Access
Has API
API Access
Has API
Integrations
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Integrations
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Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Beazley
Country
United Kingdom
Website
www.beazley.com/usa/cyber_and_executive_risk/cyber_and_tech.html
Vendor Details
Company Name
Insureon
Founded
2011
Country
United States
Website
www.insureon.com/small-business-insurance/cyber-liability