Cyber Insurance for Mid-Sized Businesses

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HSB Total Cyber™: Comprehensive cyber risk insurance for mid-sized companies

Total Cyber Insurance

Cyber-attacks now occur to every size business, including mid-sized firms, not just large companies. Such attacks are experienced by many types of mid-sized companies. And the high cost of cyber-attacks makes going without cyber insurance a real risk.


HSB Total Cyber™ was specially designed to provide comprehensive coverage for U.S. based companies with annual revenues from $10 million to $250 million. With eight available coverages HSB Total Cyber™ gives clients the flexibility to tailor cyber insurance to their needs.

Data breach protections

Coverages for data breach:

  • Data Breach Response Expenses covers notifications, monitoring and other services.
  • Identity Recovery pays for expenses and expert help for a victim to restore credit standings and identity records.
  • Data Breach Liability covers litigation and settlement costs resulting from victims affected by a breach who bring a claim or lawsuit against the insured.
Cyber attack recovery

Coverages for cyber-attacks or threats of attack:

  • Computer Attack covers data restoration or re-creation, system restoration, loss of business, and even includes payment for public relations help to manage the insured’s reputation.
  • Cyber Extortion pays the amount demanded of an insured under threat of a computer system attack — including the cost of an investigator.
Protection for criminal deception

  • Misdirected Payment Fraud coverage pays for direct financial loss resulting from criminal deception using email, facsimile or telephone communications to induce an insured, or a financial institution with which an insured has an account, to send money or divert a payment.
Cyber liability defenses

Defense and settlement costs for cyber liability:

  • Network Security Liability provides for claims that “negligent failure of computer security” caused third-party damage.
  • Electronic Media Liability covers claims that information displayed electronically on a website infringes on or violates their rights, or defames them.
Limits and liability

HSB Total Cyber™ is available for companies with revenues of up to $250 million, although we anticipate most companies will typically have revenues from $10 million to $150 million. Typical limits range from $1 million to $5 million, but higher amounts are available on an account-by-account basis.

For more information or a quote contact your HSB Custom Accounts Division representative.

HSB Cybersecurity webinars

  • Cyber Myths and Excuses; Why Many Businesses Still Don't Buy Cyber Insurance: Stories that will scare your clients and prospects and make them think twice about declining cyber coverage. With Mike Tischler, Senior Marketing Services Specialist and James Hajjar, Product Manager – both from The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re.

  • Ransomware and Worse: Cyber criminals today are more creative and conniving in how they steal. Learn about the rise of ransomware and other alarming cyber trends and coverage responses. With Ken Williams, Vice President of Specialty Claims from The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re.

  • Lions and Tigers and Laws, Oh My: Just when you thought the coast was clear, there’s another new cybersecurity or breach law—46 so far this year in fact. HSB and the firm Lewis Brisbois are here to help your clients navigate new cybersecurity legislation. With Sean Hoar, Partner, Chair, Data Privacy & Cybersecurity Practice from Lewis Brisbois Bisgaard & Smith, LLP.

  • HSB’s Cyber Relay Team: It’s not just about the cost to recover from cyber-attack. It’s about the assistance that a business needs both before and after. Learn more about how HSB’s cyber relay team can provide the right response every step of the way. With Timothy J. Zeilman, Vice President, Global Product Owner – Cyber, Ken Williams, Vice President of Specialty Claims, and Benjamin J. Brunese, CPA, CPCU, ARe, AU, Cyber Practice Leader – all from The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re.


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This publication is available exclusively to Munich Re clients. Please contact your Client Manager.