Cyber Risk Insurance

Protecting your business from losses due to hacking, data breaches, or other cyberattacks

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What Does Cyber Risk Cover in New Mexico, Utah, and Texas?

Cyber Risk Insurance provided by Elemental Risk Managment protects your local business or corporation against liability and property losses caused by cyberattacks such as hacks, data breaches, denial of service attacks, and online viruses.

With the increasing adoption of digital technologies in business and employees working from remote locations on unsecure networks, there are a number of new risks for businesses as they could be the victim of data theft, unauthorized access, or cyber-extortion.

Cyber Risk Insurance policy comes into play as commercial general liability and commercial property policies generally exclude coverage for cyber liability and electronic data, so you may not have coverage for data breaches.

With a comprehensive cyber risk policy, you can feel confident you’re covered in case of data breaches and related issues

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Over 180+ commercial clients covered

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Over 10 years of commercial insurance experience

Types Cyber Risk Coverages

Data Compromise Response Coverage

Created for small-medium sized businesses to help deal with the financial burden and service expectations of a data breach, discovered during the policy period and occurring after the first inception of coverage.

Cyber Extortion Coverage

Cyber Insurance Policy against one of the most popular types of malware. This coverage would reimburse you for the direct costs of the ransom paid, minus the deductible.

Identity Recovery Coverage

Identity recovery insurance is a policy that can be provided to employees by an employer to cover costs associated with recovering a stolen identity.

Network Security Liability Coverage

This coverage protects against settlement costs in the event of a lawsuit alleging system security failure on the part of the insured causes damage to a third party.

Dax and his team always work very hard to get us the best rates for commercial and workers comp insurance. When we need certificates, we always have them within 24 hours of the request. Bruce Bell ABQ Manufacturing, Inc.

Bruce Bell

ABQ Manufacturing, Inc.

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