Cyber liability insurance helps build a firewall of protection around your business.

Protect your business with cyber security insurance to help secure your clients’ data.

Cyber liability for businesses is critical.

You might not think you need cyber liability insurance but it’s actually one of the most important coverages for businesses today.

First-Party Cyber Liability Insurance

This coverage protects your own company if you experience a cyber incident or data breach. Hackers may steal customer data, employee information, or sensitive business records. First-party cyber insurance can help cover:

• Notification costs to affected customers

• Credit monitoring and identity protection services

• Cyber extortion and ransom payments

• Forensic investigation and data recovery

• Business interruption losses

Third-Party Cyber Liability Insurance

This protects your business if someone else sues you following a data breach. For example, if a customer, client, or partner suffers a breach and believes your company contributed to it through negligence, inadequate security, or a contractual failure, they may file a lawsuit.

Third-party cyber liability helps cover legal defense costs, attorney fees, settlements, and court expenses even if the allegations are unfounded.

Errors & Omissions (E&O) Liability Insurance

Even with strong security practices, mistakes can happen. A coding error, misconfiguration, missed deadline, or oversight in your services could lead to client losses and lawsuits.

Errors and Omissions (E&O) — also known as Professional Liability insurance — helps protect your business from claims related to the quality of your work, negligence, or failure to meet professional standards. Unlike cyber liability, which is typically triggered by a data breach, E&O covers a wider range of service-related claims.

Why These Coverages Matter

In today’s environment, nearly every business handles sensitive data and relies on technology. Cyberattacks and professional errors can result in expensive lawsuits, regulatory fines, and reputational damage. Combining First-Party Cyber, Third-Party Cyber, and E&O insurance provides broad protection and greater peace of mind.

Employee Dishonesty (Fidelity Bonds)

Dishonesty can be an unexpected and costly problem. When hiring employees, you naturally assume they’re trustworthy but internal theft or fraud does happen. Employees often have access to sensitive customer data, financial information, and company systems, which can create serious risk.

Fidelity Bonds (also known as Employee Dishonesty Insurance) help protect your business from financial losses caused by dishonest acts by employees. This coverage can apply if an employee steals money, data, client information, or property whether from your company or from your clients.

Additional Important Coverages

While cyber risks are a major concern, every business should consider several standard insurance policies to build a well-rounded protection plan:

• Business Auto Insurance If your employees drive vehicles for work-related purposes (client visits, service calls, deliveries, etc.), this coverage helps protect against accidents, damage, and liability while on the job.

• Commercial Property Insurance This policy helps safeguard your office, building, equipment, furniture, and other business property against losses from fire, theft, vandalism, storms, and other covered perils.

• Workers’ Compensation Insurance If an employee is injured on the job, whether from lifting equipment, repetitive strain, or an accident, workers’ compensation helps cover medical expenses and lost wages, while protecting your business from related lawsuits.

Protecting Your Business While You Protect Others
You work hard to keep your clients’ operations and data secure. The right insurance helps protect your own business from the many risks that come with operating in today’s environment.