Cyber Insurance is an insurance policy that protects your business from losses resulting from a cyber event that causes harm to either the business itself, third parties, or both. These events include data breaches due to hackers actively trying to gain access to a database, unintentional malware, user error, cyber extortion, misuse of website and/or intellectual property infringement. Cyber insurance covers both first and third party damages up to a certain limit, and in rare cases these policies include no retroactive date ,which means coverage is valid to the first day of business- not the first day of the policy. This is important because most breaches aren’t discovered for weeks, months, or even years after they have occurred. ECBM is proud to say that it is one of a small group of brokers who has access to no retroactive date cyber insurance policies.
To learn more about what types of damages and expenses a Cyber Insurance policy covers in the event of a security breach, click here.
Through strategic partners, we can connect clients to loss prevention and reduction tools that eliminate or decrease loss potential.
We have developed a sophisticated team of experts in Workers’ Compensation, General Liability, and Property claims management.
We base these decisions on your corporate culture, appetite for risk, cash flow, and financial needs.
ECBM can also provide extensive independent consulting for a variety of other risk management needs.
Stretegic advice about your organization's key business strategies including goals and settig benchmarks.
Wedevelop a program that will protect your assets, reduce your exposures, and deliver cost savings.
We create a unique sales pitch for each client that has been shown to attract the best carriers.
Our internal, independent quality management team monitors for quality assurance.
Using the established benchmarks, we revisit your goals and objectives to guage if your coverage needs to be modified as necessary.