Does your agency need to
purchase Cyber Liability Insurance?
Purchase Cyber Liability Insurance for
your agency through PIA Western Alliance.
|YOUR CYBER EXPOSURE
CYBER INSURANCE COVERS
An employee is tricked into
sending money to an
imposter pretending to be a
customer or vendor.
Reimburses you for the money lost from a
social engineering scheme.
|FUNDS TRANSFER FRAUD
A hacker breaks into your
computer system and gains
access to your online banking
account. The hacker uses his
access to request a funds transfer.
Covers the money lost but not reimbursed from
a criminal fraudulently issuing instructions to
your bank to electronically transfer funds.
An employee unknowingly opens a link in
an email that contains a computer virus.
The virus immediately begins encrypting files
on your network. The criminals reach
out to you demanding $5,000 in return
for unlocking the company's files.
Covers the ransom in excess of the deductible
to unlock your files after consultation with the Insurer.
A computer virus brings
down your order system.
It takes three days before
technicians can get it up
and running again.
Reimburses lost profits and any extra expenses
incurred while systems were down after an initial
8-hour down time threshold.
A hacker gets past your
security controls and
breaches your network.
Customer data records
identifiable information was
stolen. However, the extent
of the breach and number
of records implicated
is undetermined without
further security review.
Legal fees, security experts, PR consultants,
notification costs, and identity theft protection for
customers impacted by the breach;
PCI fines and penalties; Defense and settlement
costs for related lawsuits.
Your website was hit with a
virus that flooded your
network with 10 times the
normal traffic, rendering
your system inoperable.
The virus was transmitted
to several key employees,
bringing your systems down
Covers lawsuit impacted by the virus transmissions
and covers the cost to repair any damage to your data files.
A customer posted a
complaint on your Facebook
An employee posted a reply
accusing the customer
Covers content related lawsuits for defamatory
and slanderous comments made by your company
on its social media accounts.
In addition to the seven coverage parts provided under the PIA 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 Western Alliance
888-246-4466 x 112
ACCESS CYBER 101
Non-PIA members appointed by Partnership companies: Click here to access Cyber 101.
Other agents: To access Cyber 101, you will need to become a PIA member. Learn more about PIA membership and join today!
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