Audience
Cyber Insurance solution for companies
About Sompo International
We partner with our clients throughout the account lifecycle to Mitigate, Protect and Respond — from pre-underwriting assessment tools through coordinated response and claims services. Offered on a standalone basis or in conjunction with professional liability coverage, we offer first and third party cyber liability coverage for organizations of all sizes and industries through our single flexible policy form, sompo premier professional. Covers state and federal regulatory actions related to the management and handling of protected personal, health and corporate information, including court mandated consumer redress funds. Optional Breach Assist endorsement covers privacy breach costs on a dollar denominated or per-person basis, outside of the policy’s aggregate limit of liability.
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Argo Cyber
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Travelers
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Embroker
Embroker helps you get cyber liability insurance to cover both first and third-party financial losses resulting from data breaches and other cybercrimes that may compromise sensitive company and customer information. A cyber insurance policy, also referred to as “cyber risk insurance” or “cyber liability insurance” coverage, is a financial product that enables businesses to transfer the costs involved with recovery from a cyber-related security breach or similar events. Typically, the most important aspect of cyber insurance will be network security coverage. This coverage will respond in the event of a network security failure – such as data breaches, malware, ransomware attacks and business account, and email compromises. However, the policy will also respond to liability claims and ancillary expenses of an attack or breach.
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Company Information
Sompo International
Founded: 2001
United Kingdom
www.sompo-intl.com/insurance/cyber-network-risk/
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