Cyber liability insurance covers the costs of a data breach, ransomware attack, or other cyber event — including notification costs, data restoration, business interruption, cyber extortion payments, and third-party liability for affected customers. As cyber attacks become more common and more costly, cyber coverage has shifted from specialty coverage to a standard line for commercial accounts of all sizes.
Cyber underwriting has become significantly more stringent since 2020. Most carriers now require documentation of specific security controls before offering coverage:
Any business that stores customer data, uses email, accepts credit cards, or relies on computers for operations needs cyber coverage. This includes healthcare practices (HIPAA), retailers (PCI compliance), professional services firms, technology companies, financial services, and any business that processes personally identifiable information (PII). Small businesses are actually the most common ransomware targets because their defenses are weaker.
Cyber applications require detailed security questionnaires that most clients struggle to complete accurately. AgencyAssist translates the underwriting questions into plain language and guides clients through their security posture in a structured intake form. The completed questionnaire and supporting information are generated automatically and ready for submission.
Collect security questionnaire responses through a plain-English intake link. Submission package generated automatically.