Cyber insurance policies may be broken into two coverage types, third-party liability, which is liability to others, and first-party liability, which is coverage for an insured’s own losses. Cyber risk insurance, with data breach response services, offers businesses a comprehensive risk management solution for assisting in a cyber attack/and or data breach recovery scenario.
Technology Professional Liability insurance helps cover the financial loss of a third party arising from failure of a technology professional’s product to perform as intended or expected.
This program offers Data Hosting and Cloud-based service providers an exclusive Security and Data Breach Contractual Response Program, that provides a service provider’s clients with their own dedicated limit of data breach loss insurance.
Directors and Officers Insurance helps protect directors and officers from liability arising from actions committed as board members or officers of an organization.
Intellectual property insurance policies help alleviate the financial burden associated with complex and expensive IP lawsuits. These policies help to reimburse policy holder’s litigation expenses to enforce IP rights, which further enhances and strengthens the value of insured patents -and- reimburses litigation expenses and damages (if chosen) to defend charges of IP infringement.
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The team at Cyber Data-Risk Managers LLC is dedicated to helping businesses and organizations find the right insurance policy for their needs. Due to our independent nature, we can help you compare multiple insurance proposals and determine which insurance carrier and insurance policy may work best for your business or organization.