Cyber Liability Insurance

• Our Cyber Risk Consulting specialists work with you to assess your exposure and bolster your cyber security to mitigate any potential risks.
• With our Gallagher Drive® benchmarking and loss modeling tools, we help you identify current cyber security vulnerabilities and areas for improvement.
• We evaluate your risk management program through our comprehensive Gallagher Blueprint® approach, which combines AI-driven data analysis with Gallagher's experts to deliver a clear, customized plan - or blueprint - to improve your risk profile.
• Our Cyber Risk Tolerance Analysis of financials enables us to form a reasoned evaluation of the level of risk retention that the group could accept without unduly affecting dividends or operating cash flows.
• Our team works with you to prepare for an insurance placement that meets your needs, using our resources to get ahead of questions and cyber security controls that underwriters will require in the application process.

• Our Quantified Cyber Risk Solution (QCRS) provides a mathematical estimation of your Estimated Maximum Loss (EML), Probable Maximum Loss (PML) and Tail Value at Risk (TVaR) based on an analysis of thousands of cases.
• Using our Gallagher proprietary breach information, updated quarterly, we are able to model scenarios for a major cyber breach, broken down by number of records breached, geographic location of customers and nature of the records lost.
• Using our AIR/BitSight cyber probabilistic analysis, we can model the probability of costs being incurred for a major cyber event.
• Our vendor and subcontractor risk prevention services include third-party identification, risk management assessments, determining red flags, escalation process, auditing and monitoring, contractual clauses, and vendor replacement.
• Our Cyber Defense Center is available to provide proactive and reactive services to support our clients in the event they experience a cyber event.

Our team works with you to prepare for an insurance placement that meets your needs, using our resources to get ahead of questions and cyber security controls that underwriters will require in the application process.

• The Gallagher eRiskHub® gives you risk management tools and resources to navigate the ever-changing cyber risk landscape.
• Our cyber business continuity planning helps your business consider how to react and respond to a cyber attack.
• Cyber insights and client alerts cover emerging risks, government regulations and how to leverage your cyber insurance policy to transfer risk.
• The cyber risk webinar series features our cyber experts discussing the latest cyber threats, data protection regulations and how to maximize your cyber insurance coverage.

Our dedicated claims team with cyber forensic accountants is available in the event of a cyber attack. This team becomes an extension of your current account management team to guide you through the process.