Specialty Insurance

APRIL 22, 2025

When it comes to protecting your business, the right insurance limits can make all the difference between a manageable claim and a devastating financial loss, and new clients and other trading partners often require you to increase your Cyber, E&O, D&O, or EPL Insurance limits of coverage.

Financial Loss

Protect Commercial Insurance

JUNE 20, 2025

This could be extra protection for expensive items, coverage for cyber incidents, or even business interruption insurance. Adjust any exclusions or limits that could leave you exposed to potential losses. Here’s how you can do it: – Add-on Options: Many insurers offer add-ons.

Protection

Cowbell

JUNE 19, 2025

Real-World Impact Financial Losses : The FBI’s 2023 Internet Crime Report noted $2.9 billion in global BEC losses, with businesses losing millions per incident due to unrecoverable transfers. appeared first on Cowbell Cyber. For as little as $1.38 The post How Does BEC Lead to Payment Fraud?

Financial Loss

Distinguished

FEBRUARY 24, 2025

Over-serving of alcohol: Restaurants can face legal and financial fallout if the alleged over-serving of a patron leads to property damage or a car accident. Cyber attacks: Digital systems like payment terminals and booking systems are convenient, but they also open restaurants up to the possibility of expensive data breaches.

Liability

Insurance Journal

JULY 24, 2024

The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19 is $5.4 The portion of the loss covered under cyber insurance policies … billion, modeling and insurance services firm Parametrix estimates.

Financial Loss

Insurance Journal

MARCH 9, 2025

The history of insurance dates back as far as 2000 BCE, when merchants and traders developed basic risk-sharing agreements to protect against financial losses from unpredictable events. At its most basic, insurance as a concept was merely a financial safety …

Financial Loss

Central Insurance

JANUARY 16, 2025

In todays rapidly evolving digital landscape, the construction industry faces increasing exposure to cyber risks. Data breaches, ransomware attacks, and phishing scams have become common threats, highlighting the importance of cyber insurance with resolution services for construction companies.

Protection

Central Insurance

JANUARY 16, 2025

In todays rapidly evolving digital landscape, the construction industry faces increasing exposure to cyber risks. Data breaches, ransomware attacks, and phishing scams have become common threats, highlighting the importance of cyber insurance with resolution services for construction companies.

Protection

ProWriters

SEPTEMBER 1, 2024

Cyber threats continue to challenge individuals, countries, and companies in today’s digitally interconnected world. Have your business clients assessed their cyber risk recently and obtained adequate Cyber Liability Insurance? And some of these conflicts pose cyber security threats.

Cyber

Neilson Marketing Services

OCTOBER 2, 2024

A single breach could lead to devastating consequences, including financial losses, legal liabilities, damage to your reputation, and the potential loss of client trust. In addition to protecting your data, secure hosting ensures your business operations continue uninterrupted — even in the face of growing cyber threats.

Cyber

ProWriters

JUNE 4, 2025

Cyber criminals stole and resold more than 900 digital tickets between June 2022 and July 2023. The theft of these high-profile, high-priced tickets highlights online ticketing platforms’ need for Cyber Liability Insurance. Even so, incidents like these highlight platforms need to have Cyber Insurance in place.

Cyber

Triple-I: Business Insurance

APRIL 4, 2024

Cyber incidents reported to the FBI’s Internet Crime Complaint Center (IC3) in 2023 totaled 880,418. billion in losses, with investment scams making up $4.57 Meanwhile, supply-chain attacks increased, and weak notification frameworks further increased cyber risk for all stakeholders.

Financial Loss

ProWriters

NOVEMBER 30, 2024

High-profile incidents in healthcare, automobile retail, and even the cyber security industry itself cast a harsh spotlight on how vulnerable dependencies and connections between businesses are in today’s economy. Doing so can help assess their risk management strategies and the adequacy of their Cyber Insurance coverage.

Cyber

Simply Insurance

MARCH 8, 2025

Discover the essentials of cyber insurance, including how it functions, the coverage it provides, and why it's crucial for businesses in today's digital landscape. Learn how to protect your organization from cyber threats and financial losses.

Cyber

ProWriters

OCTOBER 2, 2024

Sure, you’ll need to assess the compromised data and financial losses, but to truly understand the breach and protect against future risks, data breach forensics is essential. Let’s break down the steps involved in a data breach forensic investigation and see how the experts pull back the curtain on cyber crime.

Cyber

ProWriters

FEBRUARY 19, 2024

The retail sector has seen a significant uptick in cyber threats, with ransomware attacks surging by 75% in 2022, according to Sophos. Retail Cyber Insurance protects your clients’ businesses from cyber threats, helping to maintain operational continuity, a seamless shopping experience, and customer trust.

Cyber

Cowbell

NOVEMBER 1, 2024

Department of Homeland Security and the National Cyber Security Alliance, NCSAM promotes best practices and provides resources to help individuals and businesses stay protected in an increasingly digital world. The post Cybersecurity in Focus: Lessons from National Cybersecurity Awareness Month appeared first on Cowbell Cyber.

Cyber

ProWriters

MAY 28, 2024

Contractors in the construction industry are not immune to cyber attacks. Ransomware attacks, phishing scams, and other types of cyber attacks can result in data breaches and other incidents that cause financial loss, reputational harm, and legal consequences. Cyber Insurance for contractors is an essential safety net.

Cyber

Paragon Independent Insurance Agencies

DECEMBER 16, 2024

As cyberattacks become increasingly prevalent worldwide, it’s crucial for business owners and commercial investors in Plano, TX, to consider cyber liability insurance. Protection From Financial Losses Dealing with business interruptions, disruptions, legal fees, and data breaches can quickly accumulate costs.

Commercial Property

Jackson & Jackson

NOVEMBER 16, 2024

Professional Liability Insurance protects your business against claims of negligence, errors, or omissions that result in financial losses for your clients. Cyber Liability Insurance Cyberattacks are on the rise, especially for IT businesses handling sensitive client data. One oversight could lead to costly lawsuits.

Insurance Policy

Mark Jackson Insurance Agency

FEBRUARY 18, 2025

AI-powered systems often rely on vast amounts of data, making businesses more vulnerable to cyber threats. Cyber liability insurance , once considered a specialized coverage, is becoming an essential policy for businesses that use AI to store sensitive information or automate critical tasks.

Business Insurance

Cowbell

DECEMBER 20, 2024

At the highest level, it is a comprehensive security solution designed to address physical and cyber threats against executives, VIPs and other high-value individuals. Executives are twelve times more likely to be targeted in a cyber-attack, sixty-nine percent of executives report a dramatic increase in physical threats.

Protection

Protect Commercial Insurance

MAY 24, 2024

Additionally, general liability insurance typically does not cover claims related to professional services or cyber incidents. Cyber Liability Insurance In today’s digital age, cyber threats are a significant concern for businesses of all sizes.

Insurance Policy

Protect Commercial Insurance

SEPTEMBER 6, 2024

The Rise of Cyber Insurance As cyber threats become more sophisticated and frequent, the demand for cyber insurance has skyrocketed. Companies of all sizes are increasingly targeted by cybercriminals, and the consequences can be devastating—from financial losses to reputational damage.

Commercial Insurance

Protect Commercial Insurance

JUNE 27, 2024

Myth 3: You Don’t Need Cyber Insurance Unless You’re A Tech Company It might seem logical to assume that if you’re not operating within the tech industry, cyber threats are not a significant concern. Understanding these specific terms and conditions is critical for effectively leveraging this insurance.

Commercial Insurance

ProWriters

APRIL 3, 2024

Coverage of claims made by third parties who suffer financial losses due to the insured’s actions. In carrying E&O Insurance, professionals demonstrate they’re willing to take financial responsibility for any errors or omissions that may occur. Coverage of settlements or judgments awarded against the insured.

Liability

Cowbell

AUGUST 6, 2024

The aftermath of a social engineering attack can be devastating and result in financial loss, data breaches, malware infections, identity theft, operational disruption, reputational damage, and more. The post Social Engineering Attacks: What Are They and How to Prevent Them appeared first on Cowbell Cyber.

Financial Loss

Protect Commercial Insurance

NOVEMBER 22, 2024

Long-term Financial Benefits While the upfront cost of commercial insurance might seem high, consider the long-term savings and financial security it provides. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit.

Commercial Insurance

Cowbell

DECEMBER 20, 2024

These types of employment fraud can leave businesses vulnerable to fraudulent applicants exploiting gaps in recruitment systems, resulting in financial loss, reputational damage, and security breaches. The post Safeguarding Your Hiring Process: Identifying and Preventing Employment Fraud appeared first on Cowbell Cyber.

Theft

Protect Commercial Insurance

DECEMBER 6, 2024

Cybersecurity Threats In our increasingly digital world, businesses face a barrage of cyber threats. With data breaches, ransomware, and cyber espionage on the rise, cybersecurity has become a critical focus for companies worldwide. To boot, developing a proactive approach is key.

Commercial Insurance

ProWriters

NOVEMBER 13, 2024

The CrowdStrike outage is also a stark reminder: No organization is invulnerable to disruptive, costly, and potentially disastrous cyber incidents. This incident caused the data access challenges, service interruptions, and damage to revenue and reputation an actual supply chain cyber attack can cause. What Is the CrowdStrike Attack?

Cyber

Jackson & Jackson

MAY 22, 2024

It covers property damage, loss of income, liability claims, etc. With the right insurance coverage, investors can mitigate financial losses resulting from unforeseen events such as fires, storms, theft, or vandalism.

Property Insurance

Protect Commercial Insurance

MAY 30, 2024

As a business owner, it is crucial to protect your empire from various risks and threats that can potentially disrupt your operations and financial stability. In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more.

Cyber

ProWriters

JANUARY 9, 2024

More recently, courts have agreed the risk of future harm, such as identity theft or potential financial loss, constitutes standing to bring a lawsuit for a data breach. Your Clients Need Cyber Insurance Against Lawsuits for a Data Breach Will the trend toward recognizing plaintiffs’ standing in no-harm data breach lawsuits continue?

Cyber

Frankenmuth Insurance

SEPTEMBER 19, 2024

They can cause significant damage to your property, disrupt your operations, and lead to substantial financial losses. Cyber threats , including data breaches, ransomware, and phishing attacks, can compromise sensitive information, disrupt business operations, and harm your reputation. Implement these proactive measures now.

Risk

ProWriters

MAY 7, 2025

Cyber criminals know this, seeing vulnerable systems as easy targets. Thats why HIPAA cyber security isnt just a regulationits a necessity against ransomware, phishing scams, and data theft. A healthcare cyber attack can cripple operations, prevent patient care, and lead to massive financial and legal consequences.

Cyber