Leading Cyber Insurance Expertise. Better Risk Management Solutions.
Kickstart your cyber risk management and resiliency planning with PSA’s proprietary cyber risk review process. We help you build a basic cyber risk profile, identify high level cyber risk exposures and offer realistic suggestions about how you can improve your cybersecurity risk management strategy.
We review your current policy or design tailored coverage if you don’t have one in place. We then explain what your cyber liability insurance covers for your business and discuss options in the context of your cyber risk profile.
Exclusive Industry-Validated Tool Places a Value on Your Unique Cyber Risk
Unlike traditional risk, cyber risk is difficult to monetize. As a result, most businesses struggle to prioritize cybersecurity investments and identify the scope of cyber liability insurance they should purchase. PSA has helped develop an exclusive industry validated tool, CyVaR, and is one of few cyber insurance brokers in the nation using it to help place a dollar value on your unique cyber risk.
Wider Selection and Unique Cyber Coverage
With our wide network of top insurance carriers, we are also able to offer you access to additional unique, specialized and exclusive coverage and help select the most cost-effective cybersecurity insurance and risk management solution for your organization. Critical coverage we offer includes:
First Party Expenses:
- Regulatory Investigations
- Fines and Penalties
- Data Breach Notification and Response
- Crisis Management and Public Relations
- Network, Software and Data Restoration
- Business Interruption and Other Costs
- Cyber Crime and Electronic Theft
- Wire Transfer Fraud and Social Engineering
Third Party Liability:
- Failure to Prevent a Cyber Incident
- Misuse, Disclosure, Loss or Theft of Confidential Data
- Content and Media Liability
- Defense Against Regulatory Proceedings
Electronic Theft (Cybercrime):
- Theft of money or securities through unauthorized access of your system
- Funds transfer, ransomware, social engineering fraud and telecommunications theft
You need a robust cyber insurance policy, but equally important is an experienced broker that is on your side to maximize the value and effectiveness of your cybersecurity insurance coverage. PSA’s cyber risk solutions team understands cyber incident response and works with you before, during and after an incident.
A Team of Partners
PSA takes the role of partner seriously. We believe cyber insurance and risk management is a team sport and a risk no organization can address alone. As part of our dynamic security approach, we’ll help you navigate through the difficult times when you do experience a cyber-attack. We provide you access to and facilitate engagement with the members of the Enterprise Risk Resiliency Panel (ERRP), which includes vetted breach attorneys, reputation management professionals, cyber risk management consultants and managed security services partners. It is critical you establish a solid rapport with your partners prior to a breach and develop an intimate understanding of your needs for when a cyber incident happens. That way, your team is ready to respond immediately when the time comes. Download our free member guide to find the right partner today.
Respond and Recover
Cyber insurance does more than pay cyber claims. It helps give you a backstop to mitigate the damage of a cyber event and offers a place to turn for help when something goes wrong. PSA’s cyber insurance and risk management team understand cyber incident response and helps you get the most out of your cyber insurance policy by working with you before, during and after an incident.
Tap PSA as a source of knowledge and an ally as you work to protect your organization.
Cyber insurance and risk management resources
Ready to talk to an expert about cyber liability insurance and cybersecurity risk management solutions?