E-Risk’s Cyber, Media, and Technology Security Services (CMTS) and Cyber and Professional Services (CAPS) insurance policies are specifically designed to protect the cyber risks of small and medium businesses.

What we cover:

2

What we write:

Third-Party Coverage

  • Media services
  • Technology security
  • Privacy Act (including GDPR) violations
  • Cyber information breaches
  • Specific coverage for HIPAA Business Associates
  • Coverage for privacy fines and penalties
  • Coverage for PCI standard violation fines including for PCI assessments

First-Party Coverage

  • Notification and crisis costs
  • Breach recertification and forensic expenses
  • Business interruption due to tech breach/system failure
  • Ransomware extortion
  • Data restoration
  • Technology fraud theft loss, protection against privacy-related claims, reputational loss and system failure

Why buy CMTS coverage?

  • A cyber insurance policy helps an organization pay for financial losses they may incur in the event of a cyberattack or data breach.  It also helps organizations cover costs related to the remediation process, such as paying for the investigation, crisis communication, legal services, and refunds to customers.  
  • Cyber Insurance is just one component of a comprehensive risk management strategy.  Other components may include cybersecurity measures, employee training, and business continuity planning.  These additional services complement any cyber liability policy purchase.
laptop image

Cyber risk management services

On-demand resources offering significant savings in both time and financial resources. Resources include:

  • Information on key cyber security risks  
  • Risk assessment
  • Online training courses  
  • Incident response plans
More information on cyber risk management services

Applications

Applications

Understanding coverage
Expand all
  • Coverage extended to include additional limit for breach response costs 
  • Full limit extortion/ransomware coverage 
  • Full limit first party business interruption and dependent business interruption, including system failure; coverage for loss of business income and extra expenses 
  • $0 retention for business interruption expenses 
  • Broad definition of dependent business; not solely limited to third-party technology providers 
  • 365-day period of recovery for business interruption losses 
  • $250,000 limits for technology fraud coverage (cybercrime and social engineering) 
  • Coverage extended to include invoice manipulation at $250,000 limit and utility & telecommunications fraud (including botnetting and cryptojacking) at a $100,000 limit 
  • Computer system definition includes employee-owned devices while performing duties of their employment 
  • Reputational harm with 180-day period of recovery 
  • Affirmative coverage for GDPR and CCPA 
  • Costs of Notification includes voluntary notification of privacy breaches 
  • Voluntary Shutdown included in definition of Computer Interruption 
  • Business associate HIPAA liability coverage for healthcare firms at full policy limit 
  • Hardware Restoration/Bricking Coverage 
  • Betterment Coverage 
  • Coverage extended to include Contingent Bodily Injury and Contingent Property Damage at $250,000 limit. 
  • Coverage extended to include post breach remediation  
  • Criminal reward coverage extended to pay 50% of any reward the insured pays 
  • Automatic Vicarious Liability Coverage pursuant to a contract
  • Accountants 
  • Advertising and marketing firms – no media coverage provided 
  • Agriculture (including forestry and fishing) 
  • Allied healthcare, doctor and dental offices 
  • Architects and engineers 
  • Consultants 
  • Insurance agents 
  • Miscellaneous professional services 
  • Printing and publishing (excludes media coverage) 
  • Recruiting and staffing firms 
  • Auto dealers 
  • Construction and contractors 
  • E-commerce 
  • Financial advisors 
  • Funeral homes and services 
  • Inbound call centers 
  • Logistics and transportation 
  • Manufacturing 
  • Media production (excludes media coverage) 
  • Municipalities under $10 million in revenue/assets (includes utility providers) 
  • Nonprofits 
  • Nursing homes and retirement homes 
  • Private equity firms 
  • Private/charter schools 
  • Property Management 
  • Real estate development 
  • Retail and Hospitality (hotels, clubs, shops, restaurants) 
  • Social service organizations 
  • Venture capital firms 
  • Wholesale and distribution
clickbutton icon
Get a quick quote or fill out a full application online
Get a quote
laptop image

Claims examples

Each claim is unique and requires a review of your policy terms and conditions, but you can learn more about past claim scenarios for many of our product offerings to understand potential outcomes.

Read claims examples

Other products