CyberRisk Insurance Overview
Founded in 1853, Travelers is a highly regarded insurance provider based in Minnesota. In response to the ever-evolving cyber landscape, Travelers has recently increased sub-limits to 100,000. Travelers works closely with Symantec to understand risk and to offer security awareness training.
Travelers works with NetDiligence, a cyber risk assessment and data breach services company, to conduct an in-depth review of your risk and exposure, then work with you to write an incident response plan (IRP). This will help you manage and coordinate your organization’s response to a cyber-attack.
Travelers is well regarded across the board. Their recent increase in sub-limits illustrates how Travelers is alert and responsive to the cyber insurance needs of organizations. Although Travelers covers a broad range of sectors, they are not looking to insure the health and defense sectors, but do provide specialized policies for technology companies, public entities and small businesses.