Key News Highlights
- Insurance provider enhances its Cyber and Tech E&O surplus capabilities to better serve mid-market to large businesses.
- Coverage now available to businesses with up to $5B in revenue (up from $2B).
- Aggregate limits now available up to $10M (up from $5M).
At-Bay, the insurance provider for the digital age, announced today the expansion of its Cyber and Tech E&O Excess & Surplus coverage to businesses with up to $5B in revenue with aggregate limits up to $10M, in addition to other coverage enhancements.1 This expanded appetite and higher limit will enable brokers to offer At-Bay’s market-leading InsurSec solution to even more mid-market and enterprise businesses.
“We’re proud to expand our coverage capabilities to larger enterprises,” said Michael Drummond, Head of Cyber and Tech E&O at At-Bay. "At-Bay’s companies now provide robust insurance coverage to more mid-market businesses, with seasoned underwriters experienced in large and complex risks and an in-house DFIR team well-versed in handling high-stakes incidents on behalf of Fortune 500 companies, in addition to our enterprise-grade Managed Detection and Response solution that provides 24/7 cybersecurity monitoring through our Security Operations Center."
Cyber and Tech E&O insurance policies placed through At-Bay provide comprehensive first- and third-party coverage on both primary and excess lines.
Every surplus Cyber and Tech E&O policy from At-Bay also comes with access to At-Bay Stance™ Exposure Management, including Stance Advisory Services2. At-Bay’s enterprise-grade Managed Detection & Response security solution, offered separately through At-Bay’s security company3, is powered by CrowdStrike and provides 24/7 cybersecurity monitoring, proactive threat detection, and swift incident response by At-Bay's elite cybersecurity professionals. Learn more about At-Bay Stance and At-Bay’s products and coverage here.
About At-Bay
At-Bay is the InsurSec provider for the digital age. By combining world-class technology with industry-leading insurance and security expertise, At-Bay was designed from the ground up to empower businesses of every size to meet cyber risk head-on. The At-Bay Group includes a cybersecurity company and a full-stack insurance company. As an insurance provider, At-Bay offers Cyber, Tech E&O, and Miscellaneous Professional Liability policies. As a cybersecurity company, At-Bay offers proprietary cybersecurity solutions including At-Bay Stance Managed Detection & Response (MDR).
1 At-Bay Insurance Services, LLC, a wholly-owned subsidiary of At-Bay, Inc., is a property and casualty insurance agency and surplus lines broker licensed in all fifty states and the District of Columbia offering coverage underwritten by admitted and non-admitted insurers. Surplus lines insurance sold only through licensed surplus lines producers.
2 At-Bay Stance Exposure Management offerings include Stance Exposure Manager and Stance Advisory Services, which are available to policyholders via the Embedded Security Fee and corresponding Endorsement. Please refer to the policy form for additional information.
3 At-Bay Security, LLC is a wholly-owned subsidiary of At-Bay, Inc., providing cybersecurity services including MDR and incident response. At-Bay Security, LLC does not provide insurance services.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240603134395/en/
Contacts
Media Contact
Jackie Gray, Corporate Communications
press@at-bay.com