For Your Agency ACT Cyber Guide available for Big "I" Members
How do you best protect your agency's data from cyber threats? The Agents Council for Techonlogy has a step-by-step guide to help you mitigate risks, create policies and understand regulations.
Cyber coverage for your agency is available through the Big “I” Professional Liability program. Contact your state E&O program manager at www.iiaba.net/EOcontact
to learn more.
Want to know how your cyber mitigation efforts stand-up to cybersecurity best practices? ACT teamed up with the Center for Internet Security ('CIS'), to create the Cyber Hygiene Toolkit.
IA Magazine: There’s a whole world of risk hiding beneath what professionals commonly discuss about cybersecurity. Educate yourself about these hidden risks before they become all-too familiar to your clients or your agency.
The Big "I" government affairs team keeps a finger on the pulse of cyber legislation important to your agency and your clients.
For Your Clients
Every business collects personal identifiable information (PII) like email addresses, phone numbers, credit card information and more—and all of it creates a cyber liability exposure.
Imagine your commercial client loses a laptop or business smartphone, or one of its customers calls to say their credit card was improperly used after visiting your client's establishment. Who does that small business turn to now?
The answer: Big "I" Markets. $200 solves this issue for most small businesses with fewer than 50 employees—that is, if their independent agent has offered coverage through the new Big "I" Markets Cyber – Small Business
Questions? Log in to Big "I" Markets and select Cyber Liability – Small Business Solution from the Commercial Products menu, or email Big "I" Markets staff.
Think your small commercial clients don’t need cyber coverage? Think again.
Given the potential payoff of hacking a company compared to an individual, it makes sense for personal lines clients to disregard cyber liability insurance—until you consider the high net-worth market.
In addition to making more attractive targets for cybercriminals, high net-worth individuals have another risk factor that makes them particularly vulnerable to attack: They like their tech toys.
The insurance industry has been slow to respond to cyber exposures in personal lines. But until it does, individuals don’t have to sit around waiting to become victims—they can take matters into their own hands.