The risk of BC law firms experiencing a cyber-related event has been growing for some time. With the likelihood that the current increased reliance on technology will continue, the risk is likely to continue to grow.
LIF responds
LIF worked closely with brokers and underwriters with expertise in this complex risk and arranged a group policy of insurance covering BC law firms. The policy also provides a wealth of risk management services. The Network Security and Privacy Liability (“cyber”) policy is issued by Coalition, Inc. and brokered by HUB International, Inc.
The cyber program
The program combines cybersecurity with cyber insurance. Coalition’s cybersecurity platform includes 24/7 security monitoring, automated security alerts, employee training, and access to security experts to prevent cyber incidents before they occur. In addition, the coverage protects the value of your entire business including financial, intangible, and tangible assests with comprehensive cyber insurance.
Cyber incidents come in many forms. Coalition will help you solve cyber risk before, during and after an incident occurs.