Cyber Insurance Blog

What is the Best Cyber Insurance Company for My Client? As a broker, you want your clients to have the best, most comprehensive coverage for their needs. This is especially true when it comes to something as specific and important as cyber liability insurance. But what is the best cyber insurance company to choose? With an enormous wealth of options,…

Will CGL Insurance Cover My Clients for Cyber Exposures? CGL Policies May Cover Less Than Your Clients Think In general, Commercial General Liability (CGL) insurance is a must-have for any business. CGL offers protection from financial loss due to injuries or property damage that occur on the premises. However, while CGL is considered comprehensive business insurance, it does not cover…

In the wake of the Colonial Pipeline ransomware attack, which crippled gas lines on the East Coast—and resulted in a $4.5 million payout to the hackers—law enforcement agencies around the world are taking a closer look at the question, “Should companies pay when hit with ransomware?” Increasingly, they’re urging victims not to give in to hackers’ demands. A global coalition…

3 Ways Wholesale Insurance Brokers Provide Outstanding Value The Substantial Benefit of Wholesale Insurance Brokers Wholesale insurance brokers are playing an increasingly important role in coverage. The wholesale insurance market has grown steadily, and is estimated to reach $125.92 billion by 2027 as wholesale brokers bring more and more value to the marketplace. ProWriters is a full-service wholesale brokerage firm…

To err is human. And while forgiveness may be divine, it’s never how allegations of negligence are resolved in our litigious society. Architects and engineers know this truth firsthand. Liability claims against architecture and engineering firms have been on the rise, according to Insurance Journal, and “Juries are handing down larger and larger awards.” Architects and Engineers (A&E) Professional Liability…

While cash was king for the majority of our nation’s history, credit cards have been growing in popularity since they first originated in the 1950s. Today, however, the population is carrying less cash. In a survey, 76% reported they keep less than $50 on hand at all times (if that). The convenience of credit cards has taken over and small…