Plum Insurance Services

Plum's new in-house underwriting Cyber Risk Program for Small to Medium businesses (SME's) is here. This market segment comprises the majority of businesses in the US and remains the most vulnerable to cyber attacks. Yet, according to recent studies, more than 50% of these businesses do not have cyber risk insurance in place and will face the full impact of a cyber attack and its financial, regulatory and reputational consequences. They may be one cyber attack away from going out of business. Offering Cyber Risk insurance coverage to clients could be topping the list of Best Practices for insurance professionals. ** Available Coverage (Primary only): • Data Breach Response Costs • Network Security, Privacy & Data Breach Liability • Regulatory Liability • Cyber Business Interruption • Data Restorations Costs • Cyber Extortion • Multi Media Liability • PCI Fines & Assessments • Computer Hardware Cover (Bricking) • System Failure Business Interruption • Contingent System Failure Business Interruption • Reputational Harm • Social Engineering • Cyber Contingent Business Interruption PLUS: Complimentary access to e-RiskHub Cyber Risk Management portal powered by NetDiligence, including Breach Coach, Incident Roadmap, Cyber Tools, Learning Center, Security Training, Phishing Training, Risk Manager Tools, News Center and more. ** Available Limits (Per Policy): $100,000 to $10,000,000 Appetite by Class of Business Sector: • Manufacturing • Construction • Retail • Non-Profits • Education • Government (small) • Professional Services (including lawyers, real estate, and insurance) • Transportation • Hospitality • And more.... Submission Criteria: • Fully completed and legible Cyber Risk Insurance application • Minimum 3 years in business; sorry no new ventures • US Operations only • Maximum Annual Gross Revenue considered $250,000,000 • No Technology or Technology related risks Plum's Cyber Program is available exclusively through Surplus Lines Wholesale Brokers.