For business owners, connecting to the internet has been a blessing, allowing organisations the ability to grow at an unprecedented rate. However, such connection does have its drawbacks, namely cyberattacks. Business owners have come to accept cyberattacks as an eventuality, rather than a possibili...
Additionally, maintaining an online presence has exposed every business to the potential for infiltration. Hackers and identity thieves’ primary goal is to break into your database, steal your bank account information, and sell client information. The sheer scale of the internet means it can reach...
Business Insurance Trades Insurance Charity, Community & Club Insurance Cover starting at £5 a month Guidance and support from our blog The cyber regulatory laws and regulations UK business owners need to be aware of What does the recent general election results mean for small businesses and the...
Others may be less suited for your business. You may even discover that certain providers require you to have specific security measures in place before being covered. Gather quotes Your cyber insurance will likely come with high premiums. Each year, you may need to pay anywhere from a few ...
What most business owners do not know, however, is that a general liability policy or other general policy does not cover losses associated with technology and Internet exposures.At Correll Insurance Group, we advise all businesses to consider cyber liability protection. We understand risk management...
For example, given the increasing number of small business cyberattacks in recent years, data breach clauses are becoming more common in BOPs. You can also add business interruption insurance to your plan. This add-on can cover the costs of significant business disruptions, such as if you ...
Who's this for?Chubbissues BOP insurance to owners with up to $30 million in revenue in over 500 industries, from real estate to retail. Standout benefits:BOPs can be customized to include worker's compensation, cyber risk management, electronic data liability and other add-ons. ...
It also provides cyber liability and data breach protection. This policy may be a good choice for business owners who don’t want to manage multiple policies — though it’s only available in 23 states as of this writing. Read NerdWallet’s review of Three business insurance. How much cyber...
If several of your customers’ computers are stolen out of your computer repair shop, for example, office insurance can cover the cost of replacement. Some commercial property renters require business owners to obtain an office insurance policy in the form of business renters insurance. This ...
pre-breach and post-breach response services,” said Meghan Hannes, cyber, technology and E&O product head atHiscox. “It gives [business owners] access to vendors which they have to find on their own … at a time that they don’t want to be searching around for an appropriate vendor.”...