The Importance of Proper Cyber Liability Insurance

The Importance of Proper Cyber Liability Insurance
Practically all businesses depend on computer systems for some part, if not all aspects, of the function of their businesses. Therefore, it is critical to have the right cyber liability insurance in place, should a cyber security breach occur. Protect Your Customers You maintain your clients’ sensitive material. Should any information be illegally accessed or ...

3 Ways Big Data Can Improve the Insurance Process

3 Ways Big Data Can Improve the Insurance Process
Big data is a term used to describe large sets of information that can be analyzed to gain insight and understand implications. The insurance industry has been greatly benefited by big data. Insurance big data improves the process in the following ways. Exposes Fraud: When a fraudulent case came to an insurance agent in the ...

The Importance of Cyber Risk Insurance

Technology and the internet have changed the world in wonderful ways. It has, however, brought about some terrible consequences. Cyber attacks and identity theft are very real threats to your everyday life. That is why wholesale insurance companies have developed cyber risk insurance. This type of insurance helps protect your business clients in the event ...

What Cyber Liability Insurance Can Do for You

What Cyber Liability Insurance Can Do for You
Whether you have just started up a cyber consulting business or you have a large and successful consulting company, your life could be turned upside-down in an instant if one of your customers accuses you of professional negligence or errors. Even the most highly-trained professionals can easily misstep if they are lacking sleep or have ...

Security Breaches Are a Very Real Concern for Many Industries

Thanks to the proliferation of online business dealings, data breaches are a source of constant concern these days. Without proper cyber liability coverage, your business could face a multitude of risks when it comes to accessing sensitive client data. This coverage can be highly advantageous to an organization in the event a breach occurs.   ...