Cyber Insurance

Any company that relies on computer networks, digital information, or the internet faces a range of complex, ever-increasing cyber risks.

Cybersecurity insurance aims to mitigate risks and potential losses from various cyber incidents, including data breaches, business interruption, and network damage.

When a security breach happens, you'll need comprehensive protection from a trusted source that handles associated cyber risks.

United Bankers' Agency (UBA) has teamed up with cybersecurity insurance industry leaders to provide community banks with a full suite of insurance solutions to protect them against the costly and adverse effects of data security breaches, privacy losses, and other cyber risks.

• A combination policy that includes third-party cyber liability, along with first-party cyber crime expense coverages, into one worldwide insurance policy that addresses the following:
  • Disclosure, content, reputational, conduit, and impaired-access injury
  • Expenses related to privacy notification, crisis management, and reward expenses
  • E-business interruption
  • E-theft and e-communication loss
  • E-threat
  • E-vandalism expenses
• Covers direct loss, legal liability, and consequential loss resulting from cybersecurity breaches
• Endorsement capability for:
  • Premier privacy injury
  • Regulatory defense costs and fines, penalties, and consumer redress
• It is designed to integrate with your existing insurance programs easily and provides options for enhancing your current cyber coverage, depending on your coverage needs
• It provides you with a complete online network security risk assessment that provides a comprehensive report of your company's online exposure to risk

• Access to coverage from some of the industry's top-rated cyber insurance providers
• Competitive policy pricing
• Community bank-specific insurance solutions

Data security breaches and privacy losses continue to occur more frequently. Talk to a United Bankers' Agency expert today to ensure you have the right policies and coverage to protect your community bank from these cyber threats.

Note: All products and services represented on this page are not insured by the FDIC or any other federal government agency, are not deposits of or guaranteed by the Bank or any Bank affiliate, and may lose value.