Data breaches are making headlines every day across all industry segments. Let Caitlin Morgan assist you in safeguarding your clients against this emerging risk.
Cyber threats, data breach and data loss have permeated every industry segment, with large and small businesses vulnerable to hack attacks and crimes, malicious viruses and network security risks. This emerging threat makes headlines each and every day with companies and organizations looking to beef up their cyber security to mitigate risks.
The insurance industry in the last several years has responded with a number of Cyber Liability insurance policies available on the market that can be tailored to address an individual’s business unique exposures as well as that of the segment of which it a part. Making this coverage a component of client’s insurance program is key to any effective risk management plan.
Caitlin Morgan Insurance Services, a leading MGU and wholesaler, can help you to do so. We work with several carriers to provide Cyber coverage to respond to a myriad of exposures. We can customize a policy for the programs we write, including for healthcare and educational entities and provide coverage for a wide range of businesses.
With us, you can rest easy knowing your clients are getting the most comprehensive solutions from highly respected industry leaders. Our Single-Parent Captive solutions are the most popular type of captive insurance on the market today.
There are two major types of Cyber Liability Insurance: first-party coverage and third-party defense and liability coverage. First-party coverage offers financial compensation to help an insured address immediate customer and business needs. Third-party coverage protects a client in the event of a lawsuit brought by a customer or partner in the event of a data breach.
The following costs be covered depending on the policy:
The following may be covered depending on the policy:
Contact the experts at Caitlin-Morgan today and experience the benefits of working with a new kind of MGU and wholesale brokerage. For more information, call 317-575-4440 or
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