Audience
Commercial insurance solution for businesses
About CoverWallet
CoverWallet makes it easy for businesses to understand, buy and manage insurance. All online, in minutes. We know that businesses have a lot on their plates, and we make it simple, convenient, and fast for you to get the coverage you need at the right price so that you can get back to what matters most - serving your customers, growing your business and managing your operations. Running a business is challenging enough without having to worry about lawsuits, employee injuries or property damage. Having the right insurance gives you the peace of mind to focus on what matters - running your business. The coverage you need depends on the type of business you run. A restaurant owner needs to be covered against customers possibly getting food poisoning while an accountant needs to be covered against calculation errors.
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Vouch
While not every one of those led to identity theft, they could each have theoretically triggered a lawsuit by the person affected. Cyber insurance is designed to pay the costs associated with such lawsuits when they’re targeted at your startup, as well as the costs of helping breach victims recover. Cyber insurance was developed to help companies manage the risks associated with storing and processing customer data. In the event of a cyber incident or data breach, it can cover services that reduce the likelihood of a lawsuit. Because so many startups are fueled by data, Cyber insurance is often essential. Even if you aren’t fueled by data, Vouch’s Cyber policy may offer protection. That’s because our coverage includes protection for social engineering and electronic funds transfer scams – both of which can happen to anyone at any time. As soon as you get the first form filled on your website, you’ve got customer data.
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AIG
Data and analytics to understand your cyber risk. Proactive services to address vulnerabilities. Coverage when its needed. Cyber liability insurance covers the financial costs associated with a breach, as well as first party costs including event management, data restoration, financial costs to third parties, network interruption, and cyber extortion. Covers losses in the physical world caused by a cyber event, including primary coverage for business interruption, first and third party property damage, physical injury to third parties, and products/completed operations coverage. Insureds receive detailed scoring, analysis, and benchmarking reporting that will help them better understand their cyber maturity and coverages. Basic reports are also available for applicants, even if they do not bind coverage.
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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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The Hartford
When you run a small business, you face many physical risks, like property damage and injuries. But your business also faces risks that come from using technology. These include everything from data breaches to hacking. To protect against those risks, many businesses add cyber insurance to their business insurance policies. Cyber insurance can offer broad coverages to help protect businesses from various technology-related risks. At The Hartford, we offer two different cyber insurance policies: cyber liability insurance and data breach insurance. Data breach insurance helps your business respond to breaches and can offer enough protection for small business owners. Cyber liability insurance is typically meant for larger businesses and offers more coverage to help prepare for, respond to and recover from cyberattacks.
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CoverWallet
United States
www.coverwallet.com
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