908-947-0867 info@axonu.com

Cyber/Privacy Insurance

Cyber and Privacy Security Liability

We don’t accept credit cards, do I really have an exposure?

Many companies argue they don’t, when actually every company has some exposure as a result of the data they are required to accept or maintain on a daily basis. It is not just credit cards. Businesses that collect or maintain Personally Identifiable Information (PII), Protected Health Information (PHI) and Confidential Business Information (CBI) on behalf of their customers or employees also have exposure and can sustain significant financial loss as a result of a breach.

In today’s world of big data, it is increasingly difficult for companies to protect all of this information. Over 70% of all data breaches occur in small to medium sized businesses and most data security experts agree, no matter the size of your business, a breach is inevitable. Most likely, your data has already been compromised and you are not even aware of it.

Axon Underwriting provides:

Experienced Privacy Team with over 30 years of combined cyber placement expertise

Complex risk placement experience

Proprietary Policy Forms

Direct access to every major privacy and security insurance market

In-house Legal Assistance Team

Outside Legal resources

3rd Party Pre and Post Breach Resources

First Party Risk:

Legal Liability to others for computer Security Breaches

Legal Liability to others for Privacy Breaches

Regulatory Actions Costs

Scrutiny Notification Costs

Third Party Risk:

Loss or Damage to Data/Information

Loss of Revenue and Additional Expenses

Damage to Reputation

Cyber – Extortion

Physical Property Damage

 Axon Privacy and Security Liability Application – Download

Privacy Security Liability Marketing Flyer – Download

All Submissions should be forwarded to rhampton@axonu.com or dgahagan@axonu.com. Any questions can be directed to 678.210.3380.