At Skyscraper Insurance, we understand the evolving risks faced by businesses in today’s digital and professional environments. Our Cyber & Professional Liability (Errors & Omissions) insurance policy is designed to provide comprehensive protection against potential financial losses stemming from cyber threats, data breaches, and professional errors or omissions.
Cyber Liability Coverage:
Our Cyber Liability insurance offers robust protection against the increasing threats of cybercrime, helping businesses recover from incidents that compromise data security and operational continuity. Key coverage areas include:
- Data Breach Response: Covers costs related to data breach notifications, credit monitoring, legal fees, and public relations efforts to mitigate reputational damage.
- Network Security Liability: Protects against liabilities arising from security failures, including hacking, malware attacks, and unauthorized access.
- Business Interruption: Covers income loss and extra expenses due to a cyber event that disrupts business operations.
- Cyber Extortion and Ransomware: Provides coverage for costs associated with cyber extortion threats, including ransom payments and investigation expenses.
- Regulatory Defense and Penalties: Assists with legal defense costs and regulatory fines resulting from non-compliance with data protection laws.
Professional Liability (Errors & Omissions) Coverage:
Our E&O insurance protects businesses and professionals against claims of negligence, mistakes, or inadequate work that result in financial loss for clients. This coverage is essential for service providers, consultants, and businesses offering professional advice. Key features include:
- Negligence Coverage: Protects against claims arising from errors, omissions, or failure to deliver promised services.
- Defense Costs: Covers legal defense expenses, even if the claim is groundless.
- Breach of Duty: Provides protection if a client alleges failure to meet professional standards or contractual obligations.
- Misrepresentation and Inaccurate Advice: Covers claims related to professional advice that leads to client losses.
- Worldwide Coverage: Offers protection for claims made globally, ensuring comprehensive risk management for international operations.
Why Choose Skyscraper Insurance?
- Tailored Policies: Customized coverage options to fit the unique needs of your business.
- Expert Risk Management: Access to dedicated risk management professionals to help mitigate potential threats.
- Responsive Claims Handling: Fast, efficient claims processing to minimize business disruption.
- Comprehensive Protection: Integrated coverage for both cyber and professional liability risks, reducing coverage gaps.
Who Needs This Coverage?
- Technology companies
- Financial services firms
- Healthcare providers
- Legal professionals
- Consultants and contractors
- Marketing and advertising agencies
- Any business handling sensitive data or providing professional services
Get Covered Today:
Protect your business against the unexpected with Skyscraper Insurance’s Cyber & Professional Liability (E&O) policy. Contact us to learn more about how we can help safeguard your business in the digital and professional landscape.
