Cyber Liability

3 Steps to Securing Cyber Liability Insurance

The average cost of a data breach is $225 per lost record, with more than half of such costs attributable to lost customers and lost reputation. Your business may be at more of a risk than you think. Get the coverage you need in three easy steps.

Highlights of Coverage

Premiums as low as $995 for E&O coverage plus business owners package with the same carrier
Coverage for Personal Injury, Failure to Prevent Unauthorized Access, Malicious Code
Option for Intellectual Property coverage
Full prior acts coverage
Low deductibles

Your Technology Risk

We offer two levels of protection for small and medium to large firms: MicroTek and SuperTek. MicroTek liability insurance is designed for smaller firms and extends coverages they need at a price they can afford. SuperTek allows standard and broad coverage.

6 ADVANTAGES

Six advantages of choosing Hatch Insurance Group for MicroTek Technology Liability Insurance

A.M. Best A++ rated carrier.
We cover a wide range of technology professional classifications including Web Site Design, Custom Software Development, and Network Support and Consulting.
Coverage considered for new ventures and technology start ups.
Simple application process.
Available as monoline Errors & Omissions.
Available in most states.

https://youtu.be/p2RlzXp97yo

Highlights of Coverage

Unauthorized Access – computer hacking, credit card theft.
Privacy Breach – vulnerable private information in the wrong hands.
Theft of Digital Assets – computers, backup tapes.
Human Error – honest mistakes that can compromise data.
Cyber Extortion Threat
Malicious Code – and computer viruses can cost millions

Your Cyber Risk

Cyber crime is on the rise. Small businesses have seen a substantial increase in security breach or data loss incidents in the past year. 72% of these occurrences worldwide impact businesses with 100 employees or LESS.* The need for this coverage is clear, and the need is now.

10 REASONS WHY

Ten Reasons to choose Hatch Insurance Group for Cyber Security Liability

First and Third Party protection in a comprehensive coverage form.
First Party coverage includes Loss of Digital Assets, Non-Physical Business Interruption and Extra Expense, Cyber Extortion, Cyber Terrorism, and Security Event Costs.
Covered Cause of Loss includes administrative or operational mistakes.
Breach of Privacy coverage – includes damages resulting from alleged violations of HIPAA, state, federal, and foreign privacy protection rules.
Customer Breach Notice Expense and coverage (via sub-limit)
Public Relations Expense coverage.
Most favorable wording for punitive or exemplary damages.
Electronic media peril broadly defined to include infringement of domain name, copyright, trade name, slogan, service mark on the internet or intranet site.
Comprehensive Interruption Expenses coverage.

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