Technology is at the core of every modern industry, enabling leaders to drive their company and their industry forward. With new technology comes additional risks - Lowry has you covered. Whether you're a major IT corporation or a small business with a single computer running the show, Cyber Liability insurance mitigates risk and allows you to embrace a smarter way to work with confidence.
There is no one-size-fits-all insurance policy for technology solutions. Each company is unique, functioning differently in the real world and online, bringing a variety to their risks as well. That's why Lowry Insurance takes a customized approach that focuses on two details: your technology and how you use it.
The Hartford, one of Lowry Insurance's trusted partners, defines cyber insurance as a type of policy meant to provide more coverage and prepare for, respond to and recover from cyberattacks toward their organization.
While each policy varies, cyber insurance generally covers both the cost of a breach and the cost of claims and lawsuits resulting from it. The cost of a breach can include crisis management, ransom payments for ransomware attacks, and the cost of data restoration, among other situational items.
Without large-scale IT departments, small businesses are even more likely to need cyber liability insurance to protect them in the digital world.
Lowry Insurance works to understand the size of your company, the scope of your operation, and the needs of your unique business process. By tailoring a Cyber Liability policy to fit your company's needs, Lowry keeps costs low while providing deep protection for your business.
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