Eleven Risk Solutions is modernizing the cyber insurance industry.

“In an ideal world, insurers would offer cheaper insurance to companies contingent on better security controls. Insurers would also inform organizations seeking coverage about the controls they could implement to cost effectively reduce risk. So far, cyberinsurance is a nascent field and is offered by private companies, while policy-makers are experimenting with mandates and incentives to increase the adoption of insurance.” – World Economic Forum Cyber Resilience Playbook, published January 12, 2018

 

SOLUTIONS WE PROVIDE

ERS provides a holistic technology approach to cyber insurance. Our underwriting tool allows for insurance to be priced competitively based on end use security posture.

 
File_Icon

Industrial Control System

Targeted attacks on computer industrial control systems (ICS) are the biggest threat to critical national infrastructure.
Helthcare-icon

Healthcare

Data privacy and cyber security issues have skyrocketed in importance for healthcare organizations over the past few years and the growing likelihood of a cyber attack or data breach of those records has grown exponentially, greatly expanding the potential liability for organizations.
cart-icon

Retail

Retail security breaches are at an all time high and every size business is at risk. After a data breach, affected customers have the legal right to sue your retail business to recover damages they suffered. Cyber Risk coverage often helps pay for legal expenses like counsel, settlements, and judgments.
hand-icon

Financial Solutions

Ranked as the most likely to be part of a systemic attack in the next twelve months.

WHY GET INSURED?

The only security you have to protect your assets Internet-based and information technology infrastructure risks.

COST OF CYBERCRIME

The costs associated with cybersecurity incidents often include disruption of business, erosion of customers, loss of revenue, forensic investigations, customer notification, regulatory fines, legal penalties, attorney fees, brand and reputational damage, loss of intellectual property, and the exposure of sensitive or confidential personal and business information. Data breaches can cost businesses millions of dollars.” PricewaterhouseCoopers, CRO Forum, Cyber Resilient Paper

The cost of cybercrime A study carried out by the Center for Strategic and International Studies in 2014 estimates the annual cost of cybercrime to the global economy to be over $400 billion, and possibly as much as $575 billion.

FAST-CHANGING THREAT LANDSCAPE

Coverage options include:

Network security
  • Technology liability
  • Business interruption
  • Cyber terrorism
  • Reputational risk
  • Internet/On-line media liability
  • Intellectual property
  • Identity theft
  • Cyber extortion
  • Electronic payment transactional fraud
  • PII reporting cost
  • Merchant data theft

Merchant data theft

Institutions underwritten include:
  • Financial Institutions
  • Hospitality and leisure
  • Service industries
  • Manufacturing
  • Technology
  • Transportation
  • Telecommunications
  • Utilities
  • Retailers
  • Entertainment
  • Education

CONTACT US

 

 
Agent Login