US Pro

Cyber Insurance Evolution

Contingent BI Coverage and more… 2017 is a fascinating year so far for Cyber Insurance. As fast as new carrier programs enter the Cyber marketplace, Cyber exposures evolve putting them behind the curve. Cyber Liability exposures manifest themselves in new ways every day, and as America’s Cyber Insurance Experts, US Pro is at the forefront of its evolution. Today we want to bring you...

Read More

Cyber Extortion vs. Cyber Crime

What’s the Difference Cyber Extortion and Cyber Crime (what many call social engineering). These were two of the fastest growing threats to commercial entities, nonprofits and municipalities in 2016 and are expected to surge in 2017. Cyber Insurance programs respond differently to these types of events, and the language in the policies for this coverage is very different from carrier to...

Read More

The First and the Worst

Cyber Liability – What You Must Know “Understanding the First and the Worst”   The First Cyber Liability Insurance is the first insurance that any business should buy. It is the only insurance that is more likely than not to pay for an event that is otherwise unrecoverable without insurance. ​Consider any commercial business and its insurance portfolio. The actual...

Read More

Evil Ransomware is Lurking!

Trick or Treat? Ransomware, a term which combines the words “ransom” and “software”, is a computer virus which prevents users from accessing their networks or computer systems until a ransom is paid. This kind of attack effectively relies on human error, and the network extortionists “trick” users into activating this malicious software. Ransomware attacks, and others like it, have...

Read More

Hottest New Cyber Coverage!

The evolution of Cyber Liability and the many areas of exposure it should protect keeps expanding, and US Pro is at the forefront of this evolution each time. The hottest new coverage is Dependent Business Interruption coverage. As businesses rely more on the digital world to run their operations, it comes with an increasing risk to a loss of income and additional expenses should an interruption...

Read More