It is common to find inadequate cyber liability insurance policies. It is common to find businesses that think they are fully protected. Here’s how you can be confident in your cyber insurance coverage, find the best premium, and reduce your risks. EVERY WEEK, AT LEAST ONE BUSINESS CLAIM SURPASSES $1 MILLION* IDENTIFY EXPOSURE ROADMAP RISK MANAGEMENT OPTIMIZE CYBER COVERAGE HOW TO MAKE CYBER LIABILITY INSURANCE EASY The AME Group recommends FifthWall Solutions, a cyber insurance wholesaler fully dedicated to cyber liability and technology errors and omissions insurance (e & o).

When we think of cyberattacks on electrical coops, we think of taking down our electrical grid. Operational technologies are modernized for efficiency and safety, but your electrical coop’s greater cyberthreat is what plaques other industries and businesses – data theft, fraud, ransomware. Is your IT side keeping up with the criminal’s strategies? In a recent West Monroe survey, 67% of utility leaders cited cybersecurity as their top concern of their converged IT and OT network. What strengthens all businesses is talking about cybersecurity.  The Colorado electric coop, DMEA, did just

The answer is YES, there are often “blind spots” in your business insurance policies. Due to the high incidence of ransomware attacks last year, insurance premiums have increased as much as 40% and polices may have limitations to further protect the insurer. Mind the Gaps in Your Insurance Policy Recently, our Strategic Advisor in Evansville, IN gave us a few tips to better understand insurance policies. You should ask the following questions about your business’ Cyber Liability Insurance policy. Does my insurance coverage have sublimits? A sublimit is the maximum