Cyber insurance
coverage for specified costs and liabilities arising from cyber incidents, such as breach response, certain business interruption losses, and privacy or network security claims.
Business Insurance
Cyber and technology liability insurance.
Virtus helps you evaluate cyber and technology liability exposures, prepare for underwriting, and compare coverage for the way your business uses or provides technology.
Discuss your cyber programCYBER & TECHNOLOGY
How does your business depend on technology?
Using technology
Systems, data, and connected operations.
Cyber insuranceReview covered incident costs and liabilities.
Providing technology
Products or services customers rely on.
Technology E&OReview claims alleging errors or failures.
A COORDINATED REVIEWConsider both where exposures intersect.
Policy termsLimitsExclusionsConditions
Coverage depends on the policy and program. This illustration does not determine coverage.
Understanding the exposures
Two connected exposures. A coordinated review.
Businesses that use technology and businesses that provide it can face different insurance needs. We review how cyber coverage and technology errors and omissions work together, including potential overlaps and differences in terms.
Technology errors and omissions
coverage for claims alleging errors or failures in your technology products or services. This deserves particular attention when customers rely on the technology you provide.
How we help
Prepare, compare, and coordinate.
Prepare for the questions insurers will ask.
We help coordinate applications, clarify insurer requirements, and identify matters to discuss with your IT team or security advisers. From access controls to backups and incident response preparations, we help connect underwriting questions with the people who can provide accurate information about your business.
Access resources that support your cyber readiness.
Virtus helps clients access carrier-provided cyber assessments and security resources. Availability depends on the carrier and program. We help you understand the resources available and coordinate with your IT team or security advisers as you evaluate findings and next steps.
Evaluate the coverage behind the limit.
We review limits, deductibles, exclusions, sublimits, and relevant conditions alongside your operations and potential exposures. Relevant benchmarks can help inform the discussion, with the comparison and its limitations explained. We bring you a recommendation based on the program as a whole.
Support when an incident becomes a claim.
Our claims team helps with reporting, coverage questions, and coordination with the carrier and its response providers. Involvement is tailored to the claim and the support needed. We help you understand the insurance process while your IT advisers and response specialists address the incident.
Explore our claims advocacy supportCoverage considerations
Coverage areas to evaluate.
Coverage varies by policy and program. We help you evaluate relevant protections, understand their conditions and limitations, and identify how they fit together.
- Cyber liability, privacy liability, and data breach response
- Business interruption arising from covered cyber events
- Cyber extortion and ransomware-related coverage
- Technology errors and omissions
- Social engineering and funds transfer fraud coverage considerations
What we recommend
Coverage priorities and underwriting preparation.
Before seeking terms, we identify coverage priorities, information insurers need, and questions to address with your IT advisers.
Related capabilities
Related coverage and services
Reviewing cyber coverage or preparing for underwriting?
Tell us how your business uses or provides technology. We can help compare coverage options and identify information to gather with your IT advisers.
Discuss your cyber program →