Cyber Risk Liability Insurance
As the Internet develops and becomes more crowded, individuals and companies are becoming more protective of their intellectual property. To complicate matters, data and privacy breaches are almost a daily occurrence with all the finger-pointing and subsequent litigation not far behind. Our cyber risk liability insurance will let you sleep at night.
If you are concerned about this, then take action to protect yourself and your company with our Cyber Risk Liability Insurance.
Some of the policy features are:
*Full policy limits for first party coverages
*Broad “Privacy” coverage as opposed to “data breach” coverage
*Voluntary notification costs
*Coverage for third party vendors handling data
*Broad multimedia coverage including websites, social media and other non electronic media
*Fines are covered
*Coverage for loss of confidential data in any form – electronic or paper
New businesses urged to apply. Limits up to $100mm.
Contact us today for a free quote.
As an aside, our brokers answer their own phones and emails. At your initial contact with us, you are given your broker’s cell phone number and direct email address. Where, in most agencies, your broker hides behind a wall of telephone prompts and disinterested, underpaid receptionists.
At sp Business Insurance Services, all aspects of your account are handled by your broker. This arrangement places your broker’s interests in harmony with your interests because it places responsibility for your satisfaction squarely on your broker. This responsibility includes all followup service such as Certificates of Insurance and Additional Insures Certificated, adding and deleting drivers, overseeing claim resolutions in your favor and all other matters pertaining to your insurance. When was the last time you had a Certificate of Insurance or Addition Insured Certificate in your hands two hours after you requested it. Perhaps this is one of the reasons our client retention exceeds 99%.
The other reason for our remarkable client retention is that we shop the market for the lowest possible premium for your needs. We have no “loyalty” to any insurance company because we, as brokers, represent you – not any insurance company. If an insurance company has a bad year and wants to raise your premiums at renewal, we make a seamless transition to another insurer to keep your rates as low as possible. We require that each insurer in our stable maintain an ‘A’ or better, rating from AM Best.
Finally, we only write commercial insurance.