Cyber Liability Insurance Program from A.I.I. Insurance Brokerage of MA
Cybersecurity threats are growing in both frequency and severity, impacting businesses of all sizes. A.I.I. Insurance Brokerage of MA offers a flexible Cyber Liability Insurance program designed to help independent agents and brokers place coverage for clients facing exposure to data breaches, ransomware attacks, business interruption, and other cyber risks.
As an experienced Excess & Surplus Lines Broker, A.I.I. Insurance Brokerage of MA connects agents with access to a variety of markets and carriers offering tailored cyber solutions. Whether your clients are small businesses or larger organizations handling sensitive data, this program helps you meet their evolving cyber protection needs.
Ideal Accounts and Appetite
This Cyber Liability Insurance program is suitable for a wide range of industries, including but not limited to:
- Healthcare providers and clinics
- Financial services and accounting firms
- Retail and e-commerce businesses
- Law firms and legal service providers
- Educational institutions and online learning platforms
- Technology companies and SaaS providers
If you have a client who manages sensitive customer data, relies heavily on digital systems, or is subject to compliance requirements like HIPAA or PCI-DSS, they are likely a good candidate for this program.
Coverage Highlights and Advantages
Coverage offerings available through this program may include:
- Data breach response and notification costs
- Ransomware and extortion payments
- Business interruption due to cyber events
- Regulatory defense and fines (where legally permissible)
- Third-party liability from compromised systems or data
- Media liability and reputational harm
With access to multiple carriers, A.I.I. Insurance Brokerage of MA can help you find competitive and customized coverage solutions that align with your client’s risk profile and industry.
Underwriting Notes and Minimum Premiums
Minimum premiums vary depending on the size, industry, and risk characteristics of the account. Most markets available are non-admitted, providing flexibility in underwriting and form design. Accounts are reviewed on a case-by-case basis, and submissions with strong security protocols and risk mitigation practices may receive favorable terms.
Be prepared to provide information such as IT infrastructure details, data storage practices, prior loss history, and existing cybersecurity measures during the submission process.
Territories and Availability
This Cyber Liability Insurance program is available to licensed agents and brokers in the following states:
- Connecticut (CT)
- Massachusetts (MA)
- Maine (ME)
- New Hampshire (NH)
- Rhode Island (RI)
Why Work With A.I.I. Insurance Brokerage of MA?
A.I.I. Insurance Brokerage of MA brings deep expertise in placing specialty and E&S risks throughout New England. By working with a wide range of carriers and leveraging their market relationships, they offer agents access to competitive cyber liability solutions even for complex or emerging risks. Their responsive service and underwriting support help simplify the placement process so you can serve your clients efficiently and effectively.
To learn more or to submit a cyber liability account, visit the A.I.I. Insurance Brokerage of MA company profile or head directly to the Cyber Liability Insurance storefront.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for businesses that store sensitive data or rely on digital infrastructure, such as healthcare providers, financial firms, retailers, and technology companies.
Is this program available on an admitted basis?
Most markets offered through this program are non-admitted, which allows for more flexible underwriting and tailored coverage options.
What information is needed to get a quote?
Agents should be ready to provide details on the client’s industry, size, data security practices, prior cyber incidents, and existing insurance coverage.
Are startups or small businesses eligible for coverage?
Yes, small businesses and startups can qualify, especially if they manage customer data or operate online. Minimum premium requirements vary by risk profile.
Which states is this program available in?
The Cyber Liability program is currently available in Connecticut, Massachusetts, Maine, New Hampshire, and Rhode Island.
Need help placing an account? Connect with a market specialist.