Who typically needs this
- Businesses that store customer or payment data
- Companies that rely on cloud software and email
- Firms whose clients require cyber coverage
Business
Cyber Insurance
Cyber insurance can help with incident response, business interruption, and certain liability costs after a covered cyber event. Coverivo helps businesses understand common controls carriers look for.
Common coverages
- Incident response and forensic support, subject to the policy
- Business interruption from a covered cyber event
- Liability for certain data and privacy claims
Things to consider
- Carriers often require multi-factor authentication and backups
- Social engineering and funds-transfer fraud may need specific endorsements
Questions people ask
Does cyber insurance prevent attacks?
No. It is a financial risk-transfer tool. Strong security practices still matter and may be required for eligibility.
Coverivo is an independent insurance broker, not an insurance carrier. Coverivo is staffed by licensed insurance professionals who help you evaluate and request coverage from applicable markets. We do not underwrite or issue insurance policies. Insurance products and availability vary by state and insurance company. Coverage is subject to underwriting, eligibility requirements, policy terms, exclusions, and carrier approval.