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Description
Argo Cyber provides comprehensive coverage solutions tailored for professional and technology services. The policy features a straightforward form with a single aggregate limit and a single deductible. Additionally, it allows for notification expenses to be covered outside of the limit for a designated number of affected individuals, as outlined in the endorsement. The policy also offers the flexibility to add sections for miscellaneous errors and omissions, technology errors and omissions, and media liability coverage. This diverse range of options ensures that clients can find the right protection for their specific needs.
Description
Cyber liability insurance serves as a safeguard for small businesses against the substantial financial repercussions stemming from data breaches and cyberattacks. It encompasses various costs, including notifying customers, providing credit monitoring services, covering legal expenses, and paying fines. With the rise in frequency and cost of cyber threats, small businesses, often equipped with inadequate cybersecurity measures, find themselves at heightened risk. A cyberattack can have dire consequences, potentially leading to a business's closure; startlingly, 60% of small businesses do not survive beyond six months following such an incident. By securing cyber insurance, businesses can mitigate the financial fallout from these attacks, ensuring coverage for legal fees, credit monitoring, and other significant expenses. Furthermore, in instances where hackers demand ransom for stolen sensitive information, cyber liability insurance can assist in meeting those demands, facilitating a more robust recovery process for the affected business. Thus, this type of insurance is not merely a precaution but a vital component of a small business's risk management strategy.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
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Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Argo Group
Founded
1948
Country
United Kingdom
Website
www.argolimited.com/argo-cyber/product/argo-cyber/
Vendor Details
Company Name
Insureon
Founded
2011
Country
United States
Website
www.insureon.com/small-business-insurance/cyber-liability