While computers have improved the speed and efficiency of how we work, they have also allowed thieves and con artists an easier avenue by which to steal from people and businesses. One of the ways these cyber-criminals use computers to steal is through online fraud, one...
CGL is usually triggered first in the event of a loss, so many business owners don't feel an additional endorsement or standalone policy is necessary. This document explains how a CGL is a good start to protect intangible assets but may not be sufficient for...
The value of technology to a business can be difficult to measure since traditional intangible asset valuation methods are more suited to value non-technological assets. With the rise in technology-dependent companies, a new method was needed to appropriately place a market value on the underlying technology...
Cyber liability policies start with a complex application process that can be overwhelming for even the most sophisticated organizations. Companies that go into this process without doing their due diligence can even see their application for coverage denied altogether. The following are common reasons cyber insurance applications...
You’re not in the technology industry, so you don’t need cyber liability coverage, right? Consider the amount of sensitive or confidential information about your law firm and clients that you store electronically. How would you answer that question now? You may not think you need this...
Intangible assets are increasingly important in today’s service-based economy, but being able to identify and value those assets in order to insure them can be difficult. What Are Intangible Assets? Intangible assets are, at their most basic level, assets that are not physical in nature. Intangible assets...
When cyberattacks like data breaches and hacks occur, they can result in devastating damage. Businesses have to deal with business disruptions, lost revenue, and litigation. It is important to remember that no organization is immune to the impact of cybercrime. As a result, cyber liability insurance...
As technology becomes increasingly important for successful business operations, the value of a strong cyber liability insurance policy continues to grow. The continued rise in the amount of information stored and transferred electronically has resulted in a remarkable increase in the potential exposures facing businesses. In an...
When cyberattacks like data breaches and hacks occur, they can result in devastating damage. Businesses have to deal with business disruptions, lost revenue, and litigation.
It is important to remember that no organization is immune to the impact of cybercrime. As a result, cyber liability insurance has become an essential component of any risk management program.
Cyber liability insurance policies are tailored to meet your companies specific needs and can offer a number of important benefits, including the following: