Skip Ribbon Commands
Skip to main content
Mar 21
Cyber Small Business Program: Coverage Enhancements Now Available

​Every business holds personal identifiable information, uses computer systems to conduct daily business, and likely uses electronic funds transfers and wires.

Imagine your client loses a laptop or business smartphone, or gets a call from a customer that a credit card was improperly used after a visit to their store. Or what if an employee transfers funds due to a fraudulent instruction, or a computer is encrypted for ransom? Can they afford to lose $10,000 or pay a $5,000 ransom to get their computer system back? Who does that small business call now?

The Big "I" Markets Cyber Small Business Solution, which is costs as little as $200, solves these issues for most small businesses with less than 50 employees.

Recently, the program increased limits to $250,000 and enhanced coverages to include ransomware and social engineering fraud, which covers fraudulent instructions and telecommunications fraud. Additionally, the program removed the deductible and increased notification expenses to the full policy limit.

The ineligible list is short: banks, credit unions, payment processors, network/cloud providers, security broker dealers, the online adult industry and gambling organizations.

To learn more, log in to Big “I" Markets and select Cyber LiabilitySmall Business Solution from the commercial products menu, or contact Carla McGee, dedicated cyber program manager. 


There are no comments for this post.
​127 South Peyton Street
Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556

Follow Us!

Empowering Trusted Choice®
Independent Insurance Agents.​