SafeEnterprise
Commercial Cyber Insurance
SafeEnterprise delivers a simple product for complex risks, designed to protect against cyber risks with a full suite of coverages for SMEs and professional services.
Overview
Many small businesses now run on AI tools and cloud services to handle sensitive data, financial transactions, and critical operations. When employees depend on software to complete their work, the organization faces risks that go well beyond simple data breaches. That's why specialized cyber insurance is critical — to help cover the costs of attacks and outages, protect income and data, and keep the business running when technology fails.
SafeEnterprise delivers a simple product for complex risks, designed to protect against cyber risks with a full suite of coverages.
Eligible Industries
Eligible
- Accounting
- Allied Health
- Auto Dealers
- Construction
- Energy
- Financial Services
- Food and Beverage
- Hotels
- Insurance
- Law Firms
- Manufacturing
- Real Estate
- Retailers
Excluded
- Adult Content
- Airlines
- Background Check Services
- Cannabis
- Collections
- Gambling
- Hospitals
- Online Auctions
- Payment Processing
- Political Organizations
- Public Entities
- Tobacco
Coverage
Social Engineering Loss
Coverage for financial loss of misdirected payments which are transacted based on fraudulent instructions.
Restoration Costs
Coverage to recreate or restore data, software, or firmware which has been corrupted or damaged.
Computer Fraud
Coverage for financial losses caused by fraudulent use of computer systems or telephone systems.
Network Security Liability
Coverage for defense expenses, damages, fines, penalties, or sanctions to defend claims for failure to prevent cyber extortion, ransomware, cyber theft, or social engineering; or failure to prevent the transmission of hacker attacks, viruses, or denial of service attacks.
Extortion and Ransomware
Coverage to investigate, negotiate, and remediate ransomware threats and pay ransom demands, including bitcoins.
Bricking
Coverage to repair or replace computer hardware which has been rendered inoperable.
Public Relations Services
Coverage for PR campaigns, crisis response, media relations, and employee training after a data breach or ransomware threat.
Privacy Liability
Coverage for defense expenses, damages, fines, penalties, or sanctions to defend claims of unauthorized collection; unauthorized access; or breaches of personally identifiable information or confidential information.
Reputational Harm
Coverage for lost income caused by damage to a business's reputation following a data breach or ransomware attack.
Business Interruption
Coverage for lost income because of a computer system disruption or an IT/telecommunications vendor's system disruption.
Incident Response Services
Coverage to engage cyber incident response experts to investigate and remediate cyber-attacks, threats, disruptions, and data breaches.
Multimedia Liability
Coverage for defense expenses, damages, fines, penalties, or sanctions to defend claims of copyright infringement; trademark infringement; defamation; libel; slander; infringement; or interference with the right to privacy.
Claim Management
All SafeEnterprise claims are handled by our local claims team at the O'Hagan Meyer law firm, led by Kevin O'Hagan. With hundreds of years of combined cyber claims experience, we offer service and expertise not often found through TPAs. Learn More
To report a claim:
Call [Claims Hotline — placeholder]
Email [Claims Email — placeholder]
SafeEnterprise Program Details
Minimum Premium
$400 for a $250,000 limit
$900 for a $1 million limit
$3,200 for a $3 million limit
Minimum Deductible
$1,000 to $5,000, based on firm size
Limits
$250,000 to $5 million
Carrier
A.M. Best Rated "A+" (Class XV $2bn+)
Submission Requirements
- Completed cyber application (we accept most carriers' applications)
- Currently valued loss runs (current plus three prior years, can be waived with new business loss history questions)
- When requesting a quote, please be sure to include the date a quote is required and the expiring and/or target premiums
Please send submissions to: cybersubmission@bigdatainsure.com
Contact Us
Sales
Patrick Flanagan
Underwriting
Kevin Donohue
