Specialized Insurance for Unique Business Risks

Commercial Businesses may want to consider coverages beyond the protections afforded in traditional insurance packages. Some additional, specialized policies, include:

Cyber Insurance

Cyber policies can protect a business’ exposure not only for losses associated with a data breach, but also for costs incurred due to ransomware attacks, phishing attacks, and some cyber theft losses.

Directors and Officers Liability

While this type of policy was originally designed for publicly traded corporations, it often incorporates Employment Practices Liability for such wrongful acts as discrimination or a breach of some employers legal duties , and may be worthy of consideration some private companies.

Specialty Lines

Different types of businesses may encounter different types of exposures that may not be covered by traditional insurance programs. Some examples include Site Environmental or Tank Policies, Contractor’s Protective Insurance, and Errors & Omissions insurance.