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News Analysis
Feb 09, 20042 mins
Networking

A sampling of insurance providers and national brokers who sell cyberinsurance policies.

Here is a sampling of insurance providers and national brokers who sell cyberinsurance policies:

Brokers:

Aon

Chicago-based Aon offers risk management services to companies of all sizes. Its Web site features a list of 15 technology security tips, including advice on how to look out for phone fraud, resist the risk of instant messaging, and thwart identity theft.

Marsh

Among the services offered by Marsh to e-commerce and e-businesses, include detailed insurance gap analysis, network vulnerability scan, and security policy review and development. It works with a number of cyberinsurance carriers to develop protection for liability, copyright, and network attacks.

TechAssure

TechAssure is an international non-profit organization founded by insurance agents and underwriters and is dedicated to helping organizations manage the risks associated with technology products, services, and processes.  Based in Princeton, N.J., the group aims to educate companies on what types of loss will not be covered by traditional policies.  Discussions will involve more management team members, “because by educating key decision-makers a better assessment of enterprise-wide cyber risk can be developed,” says the TechAssure Web site.

Carriers:

AIG eBusiness Risk Solutions

AIGeBRS offers four products and services: netAdvantage Suite, which addresses Internet-related risks; TradeCredit.com, which combines credit insurance coverage with real-time access to customers’ credit information; Personal Internet Identity Coverage, designed to help AIG clients’ customers recover from identity theft; and WebMerchantGuard to protect online merchants against credit card fraud. The firm is based in New York.

The St. Paul Companies

The St. Paul Companies of St. Paul, Minn., offers Internet liability and e-commerce coverage. The company protects against claims alleging plagiarism on or through the Internet; failure to protect others’ private or confidential information from unauthorized online access; and failure to prevent transmission of a computer virus.

Zurich North America

Zurich North America claims it developed the market’s first e-commerce risk program in 1999. Called E-RiskEdge, Zurich’s product protects against unauthorized use of data, systems damage from viruses, libel and slander of private information, and e-business extortion. The company is based in Schaumburg, Ill.

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