Cyber Liability Insurance

That doesn’t mean you have to revert to drafting boards and filing cabinets. Victor Insurance, through their sister company ProWriters, offers Cyber Liability insurance designed specifically for the risk management and cyber insurance needs of small and mid-sized architecture firms.

With a quote from ProWriters, you will receive:

• multiple quotes from top cyber markets
• policies that include coverage for both first-party (direct costs your firm incurs due to an incident) and third-party liability (defense and indemnity payments)
• depending on the policy, your policy may also include coverage for:
  • breach response (IT forensics, notification, credit monitoring, crisis management, PR)
  • data recovery and restoration
  • ransom and extortion demands
  • cyber business interruption
  • cybercrime (social engineering, funds transfer, invoice manipulation, impersonation)
  • business interruption and contingent business interruption (IT and non-IT vendors)
  • legal fees, settlements, and judgments
  • regulatory defense, fines, and penalties
• cyber risk management tools and services

As cyber-attacks become increasingly complex, it is crucial you have the right cyber security in place for your firm. Many firms don’t realize that their Professional Liability policy does not include cyber protection.

Check out ProWriters’ Cyber for A&E Firm video to learn how a ransomware attack or system outage could halt projects, cause contract breaches, and lead to major financial losses for your firm.

Learn more about Victor/ProWriters cyber solution.

Questions?

If you want a cyber quote from Victor/ProWriters, or simply have a question about cyber coverage, please reach out to your insurance agent/brokers.

Victor’s Policyholder FAQs offer a quick and easy guide to see why cyber insurance is a necessary measure.

A.M. Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) for Chubb’s core operating insurance companies.