Cyber Liability Insurance

Ideal Accounts and Appetite

We can entertain most classes of cyber liability exposures, including but not limited to:

• Retailers (both online and brick-and-mortar)
• Restaurants and hospitality businesses
• Healthcare providers and allied health facilities
• Professional services firms such as law, accounting, and consulting practices
• Technology companies and SaaS providers
• Distributors and manufacturers
• Financial institutions and related service providers

Any organization that stores, processes, or has access to personal or confidential information is a candidate for privacy and security insurance. If your client handles customer or employee data, they will likely benefit from cyber liability coverage.

Coverage Highlights and Advantages

Our cyber liability offerings include a broad scope of coverages to address modern digital exposures and regulatory risk:

• Broad and basic coverage forms available
• Claims-made and reported coverage
• Duty to defend provisions
• Coverage for breaches of privacy rights and consumer data laws
• Protection for failure to secure sensitive data per contracts or policies
• Acts by vendors, contractors, and outsourcers included
• Privacy claims brought by employees
• Coverage for breach of commercial confidentiality
• Regulatory actions where insurable
• Optional media liability and intellectual property infringement coverage
• Coverage for negligent transmission of malware
• First-party notification and credit monitoring expenses
• Optional enhancements: security costs, hacker damage, business interruption, and cyber extortion

Underwriting Notes and Minimum Premiums

We provide quick quote turnaround—often within 15 minutes through our quoting platforms. Our broad market access allows us to place both admitted and non-admitted coverage depending on the state and carrier.

• Minimum premiums typically start at $1,000 (may be lower in select situations)
• Limits available from $250,000 to $1,000,000+, with higher limits accessible
• Deductibles commonly start at $1,000
• All participating carriers are rated A- or better

To start a submission, agents can complete our pre-application or full application online. We respond within 24 hours of receiving submissions and will outline market access options and next steps to bind.

Territories and Availability

We can provide cyber liability options in most U.S. states. We file surplus lines in all states except Alabama. Admitted quotes are available in select states depending on carrier appetite.

Why Work With A.J. Wayne & Associates

As a wholesale broker, Alexander J. Wayne & Associates, Inc. gives you access to a deep bench of top-rated carriers including ACE USA, Beazley, Axis, CNA, and more. Our team is known for fast responses, strong market relationships, and the ability to place complex or layered cyber programs efficiently.

Whether your client is a small professional firm or a mid-sized technology company with sensitive data, we can help find the right cyber liability solution. Our underwriters provide practical guidance on required controls, exclusions to expect, and optional enhancements to tailor coverage.

Frequently Asked Questions

Need help placing an account? Connect with a market specialist.