Cyber Liability Insurance Your networks and dat
Post# of 82671
Your networks and data are the lifeblood of your business. Cyber liability insurance from Gallagher lowers the pressure and keeps it flowing.
Start your journey with us today.
Start your journey with us today.
GET STARTED
From your brand reputation to employee and financial data, cyber attacks are increasing in their frequency and their intensity. Couple that with the need to comply with regulations like the GDPR and it can seem overwhelming. It doesn’t have to be. Gallagher’s cyber liability insurance team is ready to customize the solutions that can keep your organization and all its information flowing smoother and safer.
Protection for a new class of cyber risks
Assessing and understanding known and unknown risks within the cyber liability scope is complex. It requires expertise and an aggressive approach to understand how threats are emerging and how coverage can be evolved to protect your organization. Using ‘traditional’ insurance coverage as a benchmark, the cyber liability insurance and risk management team builds a stronghold of support to confront and protect against developing risks so you are fully prepared. We broker information security services and insurance products to combat and protect against the full spectrum of cyber risks. Our cyber liability insurance practice process and strategies include: analysis of current cyber risk coverage gaps; identifying potential future gaps in coverage based on trends and expectations of carriers; matching exposures to these potential gaps and; designing risk management solutions.
Cyber risk management solutions
To address the sophisticated and evolving nature of cyber liability insurance, we have developed a global practice that takes a consultative and action-based approach. We offer:
proprietary cyber insurance limits modeling, third-party benchmarking, cost of a breach calculator, quantitative cyber analysis
insurance coverage gap analysis, broker table top exercises, insurance policy onboarding
online network assessment through Gallagher eRiskHubTM
incident response planning (spells out steps to be taken in event of a breach – including access to a breach coach)
complimentary preventive services
insurance policy design and implementation
contract analysis
Coverages designed to meet cyber threats
After we assess your current cyber coverage, we develop a customized program that takes into account your unique needs. Highlights of our cyber liability insurance coverage include:
Network security liability - Provides liability coverage for damages and claim expenses arising out of an actual or alleged act, error or omission. The coverage includes assessment, remediation, managed security services and business continuity consulting and planning services.
Privacy liability - Provides liability coverage if an insured fails to protect electronic or nonelectronic private or confidential information in their care custody and control.
Privacy regulatory proceeding - Provides coverage for defense expenses, and in some cases penalties/fines, incurred from a regulatory proceeding resulting from a violation of a privacy law caused by a covered security breach.
Breach response expenses - Covers crisis management, including credit monitoring services and public relations expenses incurred resulting from a security or privacy breach. Also pays costs of notifying consumers as required by various state, federal or international laws or regulations.
Cyber marketplace that out maneuvers emerging threats
Our practice represents a diverse marketplace of over 150 markets, all ready to provide risk management programs that support optimal cyber insurance coverage. We monitor these markets to make sure we are providing the most comprehensive coverage options, at the most competitive price.
Cyber claims advocacy
As part of our offering, we provide a comprehensive program that aids you with recouping from loss and having a seamless claims process. We have experience with the cyber liability claim lifecycle, from the breach to recovery. We aid you in breach preparedness during the strategic risk management program phase, as well as, helping you develop a breach response plan and assess and select vendor partners. We recommend you have in place the following for optimal breach response:
forensic investigator
payment card industry investigators (PFIs)
breach notification service provider
credit monitoring/ID monitoring service provider
PR firm
Legal representation
Gallagher eRiskHub®
As cyber risks evolve, so too must your coverage. Understanding where traditional policies and other property and casualty insurance policies complement, overlap or exclude a cyber exposure is critical. We give you immediate access to coverage via our Gallagher eRiskHub® portal .
Education as prevention
We believe the best protection against cyber threats is prevention. That’s why as part of our practice we give you updates and education on the latest threats and how to guard against attacks, before they happen. Our tools include:
cyber university webinars
experts directory (access to qualified third-party providers of breach-related services)
cyber market reports
third-party cyber benchmark reports and updates
Zerify Inc (ZRFY) Stock Research Links
Never argue with stupid people, they will drag you down to their level and then beat you with experience.
Get .... PrivacyLok https://cyberidguard.com/
Try SafeVchat: https://cyberidguard.com/
My comments are only my opinion and are not to be used for investment advice.
Please conduct your own due diligence before choosing to buy or sell any stock.