Our Products and Services ABOUTW. R. BERKLEY CORPORATION W. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market, requiring specialized knowle...
Cyber liability insurance can provide protection for your business’ digital assets. At AXA XL, we help clients better understand and address cyber risk through proactive services, dedicated support and flexible coverages designed to protect a wide range of businesses before, during and after a ...
…and hundreds more. Cyber liability insurance providers almost always require that a policyholder has MFA and access control standards implemented as a baseline for coverage, also. What is Cyber Liability Insurance? Download the Cyber Liability Insurance Guide Which Industries Require MFA? The shor...
Network Damage Claim Coverage: Adds coverage for claims brought by third parties, such as vendors, merchants, service providers, and others, whose computer networks and information may have been damaged by a wrongful act by your firm’s partners or employees that resulted in a security breach of...
Experts directory (access to qualified third-party providers of breach-related services) Third-party cyber benchmark reports and updates Cyber Liability Insurance Summary Protection that goes beyond traditional cyber threats Comprehensive cyber liability consulting, including response and recovery strategies ...
Creating a cyber incident response plan is one of the best ways to not only reduce the damages caused by an attack but also show insurance providers that your company is well-equipped and prepared for an incident. Implement employee cybersecurity training Managing your cyber liability risks starts...
Many cyber policies cover ransomware payments, but some insurance providers are ending or limiting this coverage because of the high costs of ransoms. Typical cyber insurance exclusions While cyber policies can cover a lot, there are some incidents they won’t pay for. These are called exclusions...
Multi-Factor authentication is now amandatory security requirementfor most cyber insurance providers. This security control was mandated for two reasons: Almost all cyberattacks begin with an attempt to steal user credentials. Because most cybercriminals depend on stolen user credentials to access a pri...
Organizations should work closely with insurance providers and cybersecurity experts to ensure they have appropriate coverage and security measures in place. Remember, cyber insurance is just one component of a broader risk management strategy. By understanding its limitations, organizations can better ...
Data breach insurance, on the other hand, refers to coverage for first-party losses incurred by the insured organization that has suffered a loss of data. Here’s a closer look at each: What is cyber liability insurance? Cyber liability is defined as the potential for an organi...