Central Insurance

JANUARY 16, 2025

In todays rapidly evolving digital landscape, the construction industry faces increasing exposure to cyber risks. Data breaches, ransomware attacks, and phishing scams have become common threats, highlighting the importance of cyber insurance with resolution services for construction companies.

Protection 130

Protection Financial Loss Cyber Damage 130

Central Insurance

JANUARY 16, 2025

In todays rapidly evolving digital landscape, the construction industry faces increasing exposure to cyber risks. Data breaches, ransomware attacks, and phishing scams have become common threats, highlighting the importance of cyber insurance with resolution services for construction companies.

Protection 130

Protection Financial Loss Cyber Damage 130

Mark Jackson Insurance Agency

MARCH 19, 2025

Without the right coverage, unforeseen challenges—such as property damage, employee injuries, or legal issues—could put your investment at risk. Key policies to review and update include: Commercial Property Insurance to protect your new location against physical damage from fire, vandalism, theft, or natural disasters.

Workers Compensation 52

Workers Compensation Liability Property Damage Inland Marine Insurance 52

Jackson & Jackson

JANUARY 9, 2024

In an era where data is as valuable as currency, the risk of cyber threats looms more significant than ever, particularly for technology companies. Cyber Insurance, encompassing Data Breach and Cyber Liability coverage, is no longer optional but a critical component of a comprehensive risk management strategy.

Cyber 52

Cyber Broker-Agent Liability Insurer 52

Protect Commercial Insurance

MAY 30, 2024

In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more. It provides financial compensation to repair or replace damaged property, ensuring that your business can quickly recover from unexpected events.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 52

ProWriters

OCTOBER 2, 2024

When a client experiences a data breach, the first move is obvious—find the entry point and stop the damage. Data breaches don’t just happen in a vacuum; they leave behind a trail of digital breadcrumbs that cyber forensic experts can follow to determine how, when, and why the breach occurred. Reporting: What Happens After the Breach?

Cyber 92

Cyber Financial Loss Crime Damage 92

Jackson & Jackson

JANUARY 10, 2024

In California’s vibrant technology sector, understanding the scope of your Cyber Liability Insurance and Data Breach Coverage is as crucial as having the coverage itself. The Gaps in Cyber Insurance: Cyber Liability Insurance and Data Breach Coverage are designed to protect against various cyber threats, but they have limitations.

Liability Insurance 52

Liability Insurance Cyber Liability Property Damage 52

ProWriters

APRIL 17, 2024

When you think about cyber risks, you probably think about the dangers malware attacks, data breaches, and other incidents pose to your business clients’ operations, revenue, and reputation. But cyber threats can pose risks to not only sensitive data but also to physical safety. You’re right to do so.

Cyber 52

Cyber Injury Liability Liability Insurance 52

Cowbell

NOVEMBER 1, 2024

Department of Homeland Security and the National Cyber Security Alliance, NCSAM promotes best practices and provides resources to help individuals and businesses stay protected in an increasingly digital world. Reputation Damage : A breach of customer data can lead to a loss of trust, which is hard to regain.

Cyber 97

Cyber Protection Risk Financial Loss 97

ProWriters

FEBRUARY 19, 2024

The retail sector has seen a significant uptick in cyber threats, with ransomware attacks surging by 75% in 2022, according to Sophos. Retail Cyber Insurance protects your clients’ businesses from cyber threats, helping to maintain operational continuity, a seamless shopping experience, and customer trust.

Cyber 52

Cyber Insurer Insurance Insured 52

Corvus

JUNE 18, 2024

That’s why cyber is tricky. But the financial and reputational repercussions from cyberattacks are just as real as property damage, and hurt businesses of all sizes. Below, we’ll help you make the “bang for your buck” case for any cyber-resistant clients. It’s a newer risk that exists behind screens, not wet floor signs.

Cyber 40

Cyber General Liability Property Damage Liability Insurance 40

Paragon Independent Insurance Agencies

FEBRUARY 28, 2025

Beyond vehicle coverage, you may also need general liability insurance, which protects against third-party claims for injuries or property damage during business operations. Businesses that handle customer data should consider cyber liability insurance to protect against data breaches and cyber threats.

Commercial Insurance 40

Commercial Insurance Commercial General Liability Insurance Agency 40

Distinguished

FEBRUARY 24, 2025

Based on our decades of experience in this industry, here are some of the top exposures we see restaurants facing in markets like Charlotte: Fire damage: Fire is a constant risk in hot kitchens, and even a small incident could lead to heavy repair bills and a temporary closure.

Liability 52

Liability Liability Insurance Insurer Insurance 52

ProWriters

JULY 25, 2024

companies faced the risk of a significant cyber attack. Analysts project cyber crime to cost the U.S. For most companies, a cyber breach isn’t a question of if but when. As a Cyber Insurance broker, you can learn from their mistakes to help protect your clients. trillion by 2028. How prepared are your clients?

Protection 53

Protection Cyber Damage Broker 53

ProWriters

FEBRUARY 12, 2024

Indeed, 2023 saw the most reported cyber security breaches in healthcare (725) and the most breached records (more than 133 million). HIPAA breaches can also damage a healthcare organization’s reputation. Reputational damage leads to broken trust, lost customers, and decreased revenue.

Cyber 52

Cyber Liability Insurance Liability Protection 52

Mark Jackson Insurance Agency

OCTOBER 28, 2024

In this evolving landscape, cyber liability insurance can play a crucial role in safeguarding your business from potentially catastrophic losses. AI-Driven Cyber Attacks Hackers are using AI to develop advanced threats that can bypass traditional security systems.

Protection 52

Protection Cyber Liability Insurance Risk 52

Protect Commercial Insurance

MAY 24, 2024

General Liability Insurance General liability insurance is a fundamental policy that covers your business against claims of bodily injury, property damage, and personal injury. Additionally, general liability insurance typically does not cover claims related to professional services or cyber incidents.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

Jackson & Jackson

NOVEMBER 16, 2024

Cyber Liability Insurance Cyberattacks are on the rise, especially for IT businesses handling sensitive client data. If a client trips over cables during a meeting at your office or your equipment damages their property, General Liability Insurance provides coverage. One oversight could lead to costly lawsuits.

Insurance Policy 52

Insurance Policy Policy General Liability Workers Compensation Insurance 52

Risk Management Monitor

JANUARY 31, 2022

We all know that, ‘As fast as a business develops a strategy to protect their organization’s digital assets, cyber predators have already figured out their next move,’” said Patrick Sterling, vice president of legendary people and risk management at Texas Roadhouse Restaurants and 2022 president of RIMS. And we must adapt quickly.”. “We

Risk 49

Risk Cyber Protection Damage 49

Protect Commercial Insurance

SEPTEMBER 6, 2024

The Rise of Cyber Insurance As cyber threats become more sophisticated and frequent, the demand for cyber insurance has skyrocketed. Companies of all sizes are increasingly targeted by cybercriminals, and the consequences can be devastating—from financial losses to reputational damage.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insurer 52

Cowbell

JULY 8, 2024

On June 26th, Cowbell hosted an event, Strengthening America’s Roots: Cultivating Resilience from Agriculture Cybersecurity Challenges , with the goal of raising awareness about growing cyber risks to the food and agriculture sectors. The post Cowbell Goes to Congress appeared first on Cowbell Cyber.

Cyber 40

Cyber Risk Protection Policy 40

Cowbell

DECEMBER 20, 2024

At the highest level, it is a comprehensive security solution designed to address physical and cyber threats against executives, VIPs and other high-value individuals. Executives are twelve times more likely to be targeted in a cyber-attack, sixty-nine percent of executives report a dramatic increase in physical threats.

Protection 52

Protection Cyber Risk Theft 52

Protect Commercial Insurance

NOVEMBER 22, 2024

Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit. Some protect against property damage, while others focus more on liability issues. For instance, standard commercial insurance might cover damages from a fire, but do you have coverage for theft or cyber-attacks?

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insurer 52

ProWriters

APRIL 3, 2024

E&O typically covers claims related to professional services resulting in financial harm to a client, while Professional Liability covers a wider range of claims, such as bodily injury or property damage. Within minutes, you’ll have multiple quotes tailored to your clients’ needs, ready for side-by-side review.

Liability 52

Liability Cyber Claim Policy 52

Protect Commercial Insurance

JUNE 27, 2024

Myth 3: You Don’t Need Cyber Insurance Unless You’re A Tech Company It might seem logical to assume that if you’re not operating within the tech industry, cyber threats are not a significant concern. Understanding these specific terms and conditions is critical for effectively leveraging this insurance.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Business Interruption 52

Triple-I: Business Insurance

AUGUST 16, 2022

In its 2022 Safety and Shipping Review , global insurer Allianz reports that piracy comes behind machinery damage or failure, collision, and contact, in terms of number of loss-causing incidents globally – and that total losses have fallen 57 percent over the past decade. and South African ports in recent years.

Cyber 40

Cyber Damage Insurance Industry Risk 40

Insurance Journal

SEPTEMBER 20, 2024

Hackers are demanding $6 million in bitcoin from the operator of the Seattle-Tacoma International Airport for documents they stole during a cyberattack last month and posted on the dark web this week, an airport official said. The Port of Seattle, …

Damage 264

Damage Cyber 264

Zywave

NOVEMBER 20, 2024

Commercial Lines Trends Cyber: AI continues to be top of mind for those in the cyber market. Additionally, ongoing acceleration of cyberattacks have led to growing concerns around data privacy and cyber warfare risks. Commercial Property: Extreme weather events continue to lead to extreme property damage.

Workers Comp 52

Workers Comp Commercial Property Cyber Commercial 52

ProWriters

SEPTEMBER 23, 2024

Without proper protection, businesses can find themselves facing exorbitant legal and defense costs, reputational damage, and even financial ruin. Legal fees, settlements or court-ordered punitive damages, and potential harm to a company’s reputation can add up quickly. Out-of-pocket costs in settlements are rising.

Out-Of-Pocket 92

Out-Of-Pocket Liability Insurance Carrier Policy 92

Protect Commercial Insurance

NOVEMBER 15, 2024

There are several types that cater to different aspects of a business: – Property Insurance : This covers physical assets like buildings, equipment, and inventory against damages. – Cyber Insurance : With the rise of digital threats, this insurance is essential to protect against data breaches and cyber attacks. .

Commercial Insurance 52

Commercial Insurance Commercial Protection Business Interruption 52

Frankenmuth Insurance

SEPTEMBER 19, 2024

They can cause significant damage to your property, disrupt your operations, and lead to substantial financial losses. Cyber threats , including data breaches, ransomware, and phishing attacks, can compromise sensitive information, disrupt business operations, and harm your reputation. Risk #1: Weather and natural disasters.

Risk 81

Risk Workers Compensation Protection Agents 81

Protect Commercial Insurance

OCTOBER 25, 2024

Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries. Assess whether there’s a need for: – Cyber Insurance for data breaches and cyber threats.

Business Insurance 52

Business Insurance Liability Insurance Liability Policy 52

Cowbell

AUGUST 6, 2024

The aftermath of a social engineering attack can be devastating and result in financial loss, data breaches, malware infections, identity theft, operational disruption, reputational damage, and more. The post Social Engineering Attacks: What Are They and How to Prevent Them appeared first on Cowbell Cyber.

Financial Loss 52

Financial Loss Cyber Theft Risk 52

Risk Management Monitor

DECEMBER 3, 2021

And cyber risk remained elevated in 2021, with more than 600,000 cybersecurity incidents reported in the first six months of the year alone, according to CERT.”. Many of them didn’t fully anticipate the widespread, long-lasting damage a pandemic could create. Doing so increases the ability to develop effective responses.

Risk 45

Risk Building Business Interruption Cyber 45

Protect Commercial Insurance

DECEMBER 6, 2024

Cybersecurity Threats In our increasingly digital world, businesses face a barrage of cyber threats. With data breaches, ransomware, and cyber espionage on the rise, cybersecurity has become a critical focus for companies worldwide. To boot, developing a proactive approach is key.

Commercial Insurance 52

Commercial Insurance Commercial Insurer Insurance 52

Insurance Journal

SEPTEMBER 5, 2024

A cryptocurrency platform run by Robinhood Markets will pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts from 2018 to 2022, California Attorney General Rob Bonta said. The civil settlement with Robinhood Crypto …

Claim 162

Claim Damage Cyber Liability 162

Jackson & Jackson

MAY 23, 2024

Small business insurance covers property damage, liability claims, and employee-related risks. For example, businesses in California’s earthquake-prone areas may consider adding earthquake insurance to their policy to protect their property from potential damage. Start by conducting a detailed review of your business operations.

Small Business Insurance 52

Small Business Insurance Business Insurance Insurer Insurance 52