Cyber Liability Insurance

Ideal Accounts and Appetite

This Cyber Liability Insurance program is suitable for many industries including but not limited to:

• Healthcare providers and clinics
• Retailers and e-commerce businesses
• Professional services (law firms, accountants, consultants)
• Educational institutions
• Technology companies and SaaS providers

You might have a client—such as a regional medical clinic that stores patient data electronically or a law firm managing sensitive client records—that would benefit from this type of protection. This program is flexible enough to meet the needs of both small businesses and mid-sized enterprises.

Coverage Highlights and Advantages

Cyber Liability Insurance through Continental Risk includes the following key protections:

• Loss of digital assets
• Non-physical business interruption and extra expense
• Cyber extortion and ransomware response
• Cyber terrorism
• Security event costs, including notification and public relations efforts

• Network security and privacy liability
• Employee privacy liability
• Electronic media liability

With the average cost of a data breach estimated at $204 per lost record, this coverage helps insureds manage both immediate financial losses and longer-term reputational damage.

Underwriting Notes and Minimum Premiums

Minimum premiums vary depending on factors such as the size of the business, industry, and coverage limits. Submissions should include a completed cyber application, details of risk management protocols, and revenue information. Continental Risk works closely with brokers to evaluate and place accounts efficiently.

Territories and Availability

This program is available in all 50 states plus Washington, DC. Coverage may be written on an admitted or non-admitted basis depending on the state and class of business.

Why Work With Continental Risk / Continental Marine Insurance Services?

As a wholesale broker with access to a broad range of cyber markets, Continental Risk / Continental Marine Insurance Services brings specialized expertise in placing complex and evolving cyber exposures. Their market relationships and underwriting knowledge allow retail agents to confidently offer competitive and customized cyber liability solutions to clients across multiple industries.