When it comes to cybercrime and security, size doesn’t matter—bad actors will take anyone’s hard-earned value for themselves. Small, medium, and large enterprises face risk daily. In a move to combat this reality and the ever-present threat of cybercrime, At-Bay announced the expansion of its Cyber and Tech Errors & Omissions (E&O) coverage.
The insurance provider will now offer coverage to businesses with up to $5 billion in revenue and aggregate limits of up to $10 million. This enhancement aims to serve mid-market to large enterprises better, allowing brokers to extend At-Bay’s InsurSec solution to more clients.
“We’re proud to expand our coverage capabilities to larger enterprises,” said Michael Drummond, Head of Cyber and Tech E&O at At-Bay. “This expansion allows us to provide insurance coverage to more mid-market businesses. Our seasoned underwriters are experienced in handling large and complex risks. Additionally, our in-house DFIR team is well-versed in managing high-stakes incidents for Fortune 500 companies. Combined with our enterprise-grade Managed Detection and Response solution, which offers 24/7 cybersecurity monitoring through our Security Operations Center, we are well-equipped to meet the needs of larger enterprises. This move signifies our commitment to protecting businesses in an increasingly digital world.”
Cyber Insurance
The expanded Cyber and Tech E&O insurance policies from At-Bay include comprehensive first—and third-party coverage on both primary and excess lines. Each surplus policy also offers access to At-Bay Stance™ Exposure Management and Stance Advisory Services, which provide clients with advanced risk management tools.
At-Bay’s Managed Detection & Response security solution, powered by CrowdStrike, delivers round-the-clock cybersecurity monitoring, proactive threat detection, and rapid incident response. This service is provided by At-Bay’s cybersecurity professionals.
With these enhancements, At-Bay aims to meet the growing demands of the market by providing cybersecurity and risk management services to a wider range of businesses.
Other News: At-Bay Launches New Cybersecurity Solution(Opens in a new browser tab)