Cyber Liability Insurance
As the world increasingly moves online, businesses are facing new risks associated with their digital presence. Cyber liability insurance is designed to protect your business from the financial damages that can result from a data breach or other cyber-related incident.
Personalized Insurance for Technology Business
CTG Insurance understands a data breach of cyberattack can destroy your business. We have you covered so you can focus on serving your customers.
Personalized insurance solutions that meet your business’s unique needs.
Budget-conscious coverage that won’t break the bank.
Dedicated customer service every step of the way.
Decades of experience specializing in property and liability insurance solutions.
Ask the experts. We’re here to answer your tech business insurance related questions.
Why do I need cyber liability insurance?
There are many potential cyber risks that businesses face, including cyber attacks, data breaches, and cyber fraud. A cyber attack can result in the theft of sensitive data, the destruction of critical systems, and the disruption of business operations. A data breach can occur when customer or employee data is improperly accessed or stolen. And cyber fraud can occur when someone uses fraudulent means to obtain money or goods from a business.
What does cyber liability insurance cover?
Cyber insurance protects your tech business from the expensive costs of a data breach or malicious attacks on your network. If you do experience a data breach or attack, this insurance can assist with paying for notifying your customers, fraud monitoring solutions, and legal costs if a customer files a lawsuit against you.
What is the difference between cyber liability and tech errors and omissions?
- Technology E&O offers protection you when a client sues to recover losses caused by you or an employee. If you offer tech services or products to your customer, you more than likely will need this coverage.
- Cyber liability insurance helps your company with financial resources after a data breach or cyberattack. If you store any kind of customer data on your network, strongly consider adding this coverage.
What does tech E&O insurance cost?
The cost of technology errors and omissions insurance will vary depending on several factors, including your annual revenue, company location, claim history, amount of coverage your requesting, and deductible.
Be Prepared For Any Scenario.
You don’t want to be caught off guard by unpredictable cyber risks. Protect your tech business with cyber liability insurance, so you can focus on serving your customers.
Safeguard Your Client’s Data From Cyber Attacks
We understand the challenging process of determining the right coverage for your unique needs. Start a quote and our team of experts will reach out to finish the discovery process and present you with a comprehensive quote quickly.