FGIB:Offering Third-Party Cyber Insurance for Comprehensive Coverage
Data breaches are now a consistent cost of doing business in the cyber crime era, with organizations, particularly in the highly regulated financial industry sector, taking the necessary steps to incorporate data-protection strategies. In fact, along with the healthcare industry, those in the financial industry have the most costly data breaches because of fines and the higher-than-average rate of lost business and customers.
To transfer the risk involved with cyber crime, Financial Guaranty Insurance Brokers (FGIB) offers tailored and comprehensive Cyber Liability policies to community banks, commercial lenders, and Financial Technology (FinTech). We also can provide other businesses with Cyber insurance, as well. Our 30-plus years of insurance experience puts us in the position to properly protect you from what is now the new normal in cyber threats. Our Cyber policies are designed to provide coverage for both first- and third-party losses.