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Average Ratings 0 Ratings
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.
Description
We are thrilled to unveil our new business unit, which brings together a diverse array of cutting-edge specialty insurance products and services that highlight our collective capabilities. Our imaginative and adaptable approach will prove invaluable in fostering robust connections with your clients. Backed by the financial stability, extensive history, and global leadership of Tokio Marine, your customers can trust the pioneering insurance solutions we offer. Our advanced technology and cyber solutions are crafted to deliver much more than standard insurance coverage. In addition to addressing a wide spectrum of cyber and privacy risks, our innovative risk management services, including CyberNet®, along with our dedicated cyber claims team, serve as exceptional tools to assist businesses in navigating the constantly evolving landscape of cyber threats. Furthermore, we are committed to continuously enhancing our offerings to meet the dynamic needs of our clients.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Insureon
Founded
2011
Country
United States
Website
www.insureon.com/small-business-insurance/cyber-liability
Vendor Details
Company Name
Tokio Marine HCC
Founded
1974
Country
United States
Website
www.tmhcc.com/en-us/groups/cyber-and-professional-lines-group