Ransomware has emerged as one of the most notorious cyber threats facing businesses of all sizes. These attacks involve malicious software that encrypts a victim’s data or system, effectively locking them out, while the attackers demand a ransom (often in cryptocurrency) for the decryption key. Given the prevalence and damaging impact of ransomware, a common question is: Does cyber insurance cover ransomware attacks?
Small and mid-sized businesses are just as vulnerable to cyber threats as larger companies – and in some cases, even more so. In recent years, nearly half of small businesses have suffered a cyber attack, a startling statistic that highlights the need for cyber insurance in the small business (SMB) sector.
One of the first questions businesses ask about cyber insurance is, “How much does it cost?” The cost of cyber insurance can vary widely. Some small businesses might pay a few hundred dollars per year, while larger firms could pay tens of thousands.
Autonomous systems and intelligent algorithms are taking on roles once reserved for humans – from driving vehicles to approving loans. But what happens when an AI makes a costly mistake? Many businesses are discovering “gray areas” where AI-related failures fall between the lines of their traditional insurance coverage.
Website hosting providers hold the “digital real estate” of their clients — servers, data, backups, and the infrastructure that keeps websites running 24/7. Hosting companies are responsible for system stability, service availability, load speeds, and information security, whether using third-party platforms like AWS and Azure or their own dedicated servers.
Companies that implement Microsoft Dynamics solutions — across all versions including Dynamics 365, Business Central, Finance & Operations, and others — operate at the heart of their clients’ most critical business processes. Most companies in this sector are official Microsoft Partners, providing advanced technological services to clients across industries such as manufacturing, commerce, healthcare, finance, and more.
Fireberry – formerly known as Powerlink – is a powerful CRM and marketing automation platform designed for customization. It offers businesses full control over customer journeys, sales processes, support systems, and even back-office operations.
Claims run-off refers to a specific period after a business or professional operation ceases, during which the insurance policy continues to provide coverage for claims that arise from past activities. It is particularly relevant in professional liability, directors and officers (D&O), cyber liability, and product liability insurance.
IMI Insurance stands for Insurance for Medical Institutions or Insurance for Medical Innovation, and refers to a tailored group of insurance products designed to protect companies and organizations operating in the healthcare, biotech, and medical technology sectors. This includes hospitals, clinics, laboratories, clinical trial sponsors, and medical device manufacturers.
The Initial Public Offering (IPO) process marks a turning point for any company. It opens access to capital markets, elevates public visibility, and imposes a new level of legal and regulatory scrutiny. While the transition from private to public can be a growth catalyst, it also exposes the company, its board, and executives to a sharp rise in litigation risk.
Website hosting providers hold the “digital real estate” of their clients — servers, data, backups, and the infrastructure that keeps websites running 24/7. Hosting companies are responsible for system stability, service availability, load speeds, and information security, whether using third-party platforms like AWS and Azure or their own dedicated servers.
Medical research laboratories are often at the forefront of innovation, working with sensitive technologies and engaging in collaborations with hospitals, academic institutions, and pharmaceutical companies. From pre-clinical experiments and in-vitro testing to genetic data analysis and advanced medical trials — the operational and professional risks faced by labs are high and require specialized insurance coverage.
Leave us your details
and we'll get back to you as soon as possible
Leave us your details
and we'll get back to you as soon as possible