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Assess Your Cybersecurity Insurance Policy

Learn to avoid common insurance pitfalls.

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Contributors

  • Darren Brooks - Business Unit Head for Global Compliance Practice at ColorTokens, Inc.
  • Ayhan Tek - Vice President, Information Security at Cyber Electra
  • Kyle Gray - Cyber Insurance Educator and Underwriter at Ridge Canada Cyber Solutions Inc.
  • 2 anonymous contributors

Your Challenge

  • Assess your industry vertical for the most likely threats and risks (i.e. the things the policy must provide coverage for).
  • Perform a business impact analysis to estimate recovery costs and insurance needs.
  • Find the best policy to meet these criteria.

Our Advice

Critical Insight

  • Shopping for insurance policies is not step one.
  • First and foremost, we must determine what the organization is at risk for and how much it would cost to recover.

Impact and Result

Perform an insurance policy comparison with scores based on policy coverage and exclusions.

Research & Tools

Start here – read the Executive Brief

Read our concise Executive Brief to find out why you should acquire cyber insurance review Info-Tech’s methodology, and understand the four ways we can support you in completing this project.

1. Acquire cyber insurance with confidence

Learn the essentials of the requirements gathering, policy procurement, and review processes.

Guided Implementations

This guided implementation is a five call advisory process.

Guided Implementation #1 - Gather requirements

Call #1 - Discuss insurance needs.
Call #2 - Review remediation cost estimates.

Guided Implementation #2 - Procure policy

Call #1 - Discuss insurance pitfalls and strategies for success.
Call #2 - Review policy assessment.

Guided Implementation #3 - Review

Call #1 - Determine policy review cadence.
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