Arlington/Roe's Beazley Cyber Liability Policy
What would you do if your
agency had a data breach? 80% of
businesses fail to recover from a breach
because they do not know this answer.
Responding to a breach is a complicated process that requires the
assistance from many different professionals.
Failure to notify the effected individuals “without unreasonable delay”
could cost your agency up to $1,500,000 in fines from government agencies. Add this to the $200,000 average cost to
comply with notification laws, the legal liability and the reputational harm
caused by the breach and you can quickly see how this exposure can be
devastating to your agency.
IIABAZ has
partnered with Arlington/Roe & Co.,
Inc. to offer our members an exclusive program to help protect their
agencies from information security breaches.
This program is a holistic risk management process that will help train
your staff on privacy compliance in addition to handling data breach
notification and third party suits. This
program offers the following benefits;- No
Encryption Requirement
- HIPAA Compliance Tools
- Step-by-Step Procedures for Compliance
- Newsletters
- Data Breach Coach to Help with Notification
- Forensic Investigators
- Privacy Counsel
- Call Center
- Credit Restoration Services
- Up to 50% Off Premium
- IIABAZ Members Are Pre-Qualified for Enrollment*
- Online Compliance Materials
- Staff Training Programs
- Expert Support Online
- Regulatory Fines & Penalties
- Public Relations Firm
- Notification Costs Outside Limit of Liability
- Credit Monitoring
- Security & Privacy Liability
*some restrictions apply. Agencies over $5 Million in revenue, over 50% benefits, or with prior losses need to be underwritten.Binding Coverage is as easy as 1,2,3- Review the self-rate worksheet (Click here to download) and summary of coverages.
- Complete the Application. and request to bind page showing which option you would like.
- Attach the premium check, made payable to IIABAZ, to the Application and mail to:
IIABAZ 333 East Flower Street Phoenix, Arizona 85012
ACH form accepted. Explanation of Insuring AgreementsQuestions? Contact Joni Fairbrother at joni@iiabaz.com.
| Cyber Resources Click Here for Agency Cyber Guide, News, Cyber Hygiene Toolkits and more
Coalition Cyber Insurance
IIABAZ Members have access to the leading technology-enabled cyber insurance market. Big "I" Markets, the online market access system available exclusively to Big I members, has partnered with Coalition, the leading technology-enabled cyber insurance solution, to give agents access to the cyber and technology errors & omissions insurance markets.Coalition is the first insurance-enabled technology firm built to help businesses before, during and after a cyber incident. During the online quoting process, your network and web properties undergo an automated risk assessment to identify known issues and potential security weaknessesOnce coverage is bound, Coalition provides ongoing monitoring for new and emerging threats specific to the information technology used by the insured, adding an extra layer of defense. All policies include this technology-driven approach which includes automated alerts, threat intelligence and ongoing policyholder monitoringalong with a dedicated claims and security team should a breach occur.Through the Big I" Markets platform, any Big I member agency can quote and bind insurance online. Big I members also have direct access to Coalition's licensed agents and renowned cybersecurity experts via online chat throughout the sales and underwriting process.
Watch our brief Coalition cyber insurance overview video and a demonstration of our streamlined cyber submission process to see how the quoting process works.
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