Cyber Liability Insurance
If You Handle Customer Data, You are Vulnerable for a Data Breach
Any business handling customer data will, sooner or later, be confronted with the challenge of a data breach.
It’s not a matter of “if” but “when”.The incidence of data breaches is massive. In US healthcare alone (the industry for which the most reliable statistics exist), more than 120,000 people are being notified that their data has been breached every week.
Healthcare providers and tens of thousands of other businesses have learned the hard way that there’s no such thing as perfect cyber security. And the stakes are high. You hold personal data on trust for your customers. If they don’t think your businesscan be trusted, the very future of your company may be at risk. A data breach is not a learning opportunity – you have too much to lose to risk mishandling it.
MWAIIA can offer you coverage through Beazley. Beazley is a specialist insurer with three decades of experience in providing clients with the highest standards of underwriting and claims service worldwide. Theirinsurance businesses are rated A (Excellent) by A.M. Best.
Learn more about the Coverage:
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For question about this program, contact MWAIIA at (202) 516-8181.