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Abacus Launches Online Cyber Liability Program

Jun 07, 2017, Source: Abacus Insurance

SANTA MONICA, CA.-- Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online through www.abacus.net, has launched an online Cyber Liability Program.

The program provides Data Breach and Privacy Security Liability Coverage on a national basis through an "A" rated, Admitted carrier. The broad offering includes numerous coverages including regulatory action, regulatory compensation, PCI fine, computer forensic costs, identity protection costs, crisis management and public relations costs, cyber crime, cyber business interruption, cyber extortion, hacker damage, and more.

The vast array of eligible industries includes arts, entertainment and recreation; construction; education services; healthcare, medical; information technology; finance, financial services and insurance; manufacturing; professional, scientific and technical services; wholesale & retail trade.

The program is distributed online through the Abacus broker network with real time quoting, issuance and servicing.

"Our objective with the cyber product is to provide an efficient, easy to use, low cost but integral product for our nationwide network of retail insurance brokers to have at their disposal to offer to their clients. We are confident our program will be a valuable resource for our broker network," says Darren Lewin, Vice President of Programs, Abacus.

For more information about the programs Abacus distributes online, visit www.abacus.net or contact Darren Lewin at 424-214-3720, darren.lewin@abacus.net.

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