With people working remotely data breach and intrusion protection are more important then ever. The frequency of Data Breaches and Ransomware Attacks has never been higher. Cyber Insurers continue to have an exponential increase in claim frequency and Ransomware payment amounts continue to increase. In the past year one insurer reported that Ransomware Claims had increased over 775%. Make sure that you have the proper insurance coverage. We carry Cyber Insurance, you should too.
Business Owners Policies are designed to cover physical and general liability insurance exposures are not a substitute for malpractice insurance and/or cyber Insurance. Malpractice Insurance is designed to cover your Professional Liability Exposures and in some limited circumstances may cover some 3rd Party Cyber exposures but normally not the 1st Party issues.
With premiums starting at only $125 for $100,000 in coverage, L Squared Insurance Agency offers Cyber Insurance with 1st and 3rd party coverages. It takes only a couple minutes to get instant comparison quotes from multiple insurers.
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Lee Norcross, MBA, CPCU
Managing Director, CEO
(616) 940-1101 Ext. 7080