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How Partnering With a Cyber Insurance Broker Protects Your Clients

ProWriters

As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.

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Cowbell Resiliency Services (CRS): Empowering Policyholders with Proactive Cyber Defense

Cowbell

As cyber threats become more advanceddriven by AI innovations and intensified by geopolitical tensionsorganizations of all sizes must rethink how they protect themselves. At Cowbell, weve long believed that prevention is better than cure , and we strive to deliver more than just an insurance policy to fall back on.

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Healthcare Cyber Attacks: What You and Your Clients Should Know

ProWriters

Healthcare cyber attacks and data breaches have risen in recent years, according to The HIPAA Journal. In February 2024, Change Healthcare, whose technology powers the processing of some 15 billion medical bills and insurance claims a year, suffered a ransomware attack. Several major breaches have made headlines.

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Current Trends in Cyber Insurance: Ransomware

ProWriters

As a Cyber Insurance broker, you need to help your business clients understand the dangers ransomware poses, how to defend against them, and why Cyber Insurance is an indispensable part of any sound security strategy. Provide Cyber Security Awareness Training Educate personnel to identify malicious emails.

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What is a Managing General Agent (MGA) in Insurance?

Distinguished

How do MGAs Differ From Insurance Brokers? The key distinction between MGAs and insurance brokers is that MGAs have underwriting authority, while brokers do not. This one factor means these two insurance entities have completely different purposes in the broader insurance landscape.

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Protect Your Clients Against Data Breaches

ProWriters

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.

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The Role of Brokers in Securing the Best Commercial Insurance Deals

Protect Commercial Insurance

Here is where brokers come in, not merely as middlemen, but as invaluable partners in the quest for the best commercial insurance deals. Let’s delve into the multifaceted roles brokers play and understand the irreplaceable value they bring to the table.