PIA National Cyber Liability Insurance
At PIA, we want you and your clients to be protected. That’s why we have created a robust cyber program that responds to the most common threats facing small and medium-sized businesses.
The PIA cyber insurance product with special PIA-only enhancements is now available to sell to your clients for a low price.
Did you know? Half of US businesses reported a cyber attack in the past year.
According to the report, 53% of US businesses reported experiencing a cyber attack in the past 12 months, compared to only 38% the year before. Hiscox also noted that 45% of US companies experienced three or more attacks in the last year, and that the mean cost of US cyber incidents was around $119,000. READ MORE
How a Business Can Move from Novice to Expert in Cyber Defense Best Practices.
The study identified cyber expert best practices that cyber novices lack. READ MORE
In addition ot the 7 coverage parts under the cyber insurance policy, PIA and ABAIS have worked with Great American Insurance Company to provide PIA agents with reduced rates compared to ABAIS’s standard program for social engineering coverage as well as the following policy enhancements.
- Expanded definition of multimedia wrongful acts – unauthorized use of website links, frames, formats, fonts, style, characters, titles
- Coverage for HIPAA fines
- Extended notice of Data Compromise (data breach event) from 5 to 30 days
- Extended notice of Claim from 60 to 90 days after the end of the Policy Period
- Extended notice of Non-Renewal from 60 to 90 days in advance of the Policy Expiration
PIA Members Start writing cyber insurance, today!
PIA members who sell the PIA cyber insurance receive 12.5% in sales commission.
PIA members can sell the same great PIA cyber insurance coverage that many have already purchased for their own agency. PIA’s cyber insurance is the first cyber insurance program tailor-made for small and medium-sized businesses.
The PIA enhanced cyber insurance policy covers both first- and third-party loss for the most common cyber risks such as social engineering, funds transfer fraud, ransomware, network interruption, data breach, network security, and media liability. In addition to the seven coverage parts, PIA members’ clients are provided with special PIA enhancements and reduced rates compared to ABAIS’s standard program for social engineering coverage.
Getting started is easy. Start protecting your clients today.
Need more information? Watch a pre-recorded webinar.
CONTACT US! Email | 888-246-4466 Ext. 112 ask for Kim
CYBER 101….To access this beneficial tool you must be a PIA Member.
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