Clients asked. We answered.
AIG’s new cyber underwriting application & model seek to provide clarity & benchmarking to help improve risk.
Cyber Insurance
The right coverage, services, and support when it matters most. Preventative services now.
AIG’s award-winning cyber solution connects comprehensive cyber coverages with proactive tools and services to help improve clients’ cyber risk and prevent incidents. In the event of a claim, insureds are supported by our 24/7 Claims Hotline for an immediate response.
AIG is pleased to be the winner of the
Advisen 2018 Cyber Risk Innovation of the Year award for CyberMatics.
AIG Cyber Coverages
AIG’s Cyber Insurance can be written through a standalone Cyber policy or endorsed onto a Property Performance Series or General Liability policy. See our coverage grid for guidance.
CyberEdge®
Cyber liability insurance to cover the financial costs associated with a breach, as well as first party costs including event management, data restoration, financial costs to third parties, network interruption, and cyber extortion
CyberEdge® Policy Wording Sample
**NEW** CyberEdge® Application*
(*Please follow these instructions if experiencing problems downloading the form)
CyberEdge® Plus
Covers losses in the physical world caused by a cyber event, including primary coverage for business interruption, first and third party property damage, physical injury to third parties, and products/completed operations coverage
CyberEdge PC®
Cyber coverage that sits excess of traditional property and casualty policies on a DIC/DIL basis
AIG Webcast: ‘Cyber Maturity Best Practices: Bringing it to Life’
No matter your position, you likely play a role in your company’s Incident Response Plan (IRP). Learn why having a tried and tested IRP can make all the difference in your company’s bottom line.
Download the presentation here or view the webcast (registration required).
Benefits of Cyber Insurance from AIG
Preventative Loss Prevention Tools and Services
We help our clients try to prevent a cyber attack from happening in the first place with a broad range of tools and services, including nine complimentary services such as employee training, blacklist IP blocking, domain protection, insurance portfolio diagnostic and pre-breach consultation, for eligible policyholders.
Global Claims Expertise
Our CyberEdge® Claims Hotline is available 24/7 at 1-800-CYBR-345 (1-800-292-7345).
Once a call is made to the hotline, the CyberEdge claims team will coordinate with the client to implement their response plan, engage any necessary vendors including breach counsel and forensics firms to identify immediate threats (such as a hacker inside a network), and start the restoration and recovery processes.
Why Purchase Cyber Insurance from AIG?
Leading the Cyber Market
A speedy, personalized application process
Our dynamic and interactive application populates questions based on the applicant’s responses, industry, size, exposure, and coverage sought.
(*Please follow these instructions if experiencing problems downloading the form)
Benchmarking and threat score reporting to better understand exposures
Applicants who submit the new application can receive a summary report, even if they do not bind their cyber insurance with AIG. Insureds who submit the new application and bind coverage with AIG receive a full report with detailed risk scoring, recommendations, and benchmarking.
Reports are available through the AIG Cyber Portal following underwriting.
Significantly more insightful and tailored analytics to improve clients’ risk profiles
CyberMaticsSM, our patent-pending security services-led approach with Darktrace and CrowdStrike, provides a more accurate and up-to-date risk assessment of a client’s IT environment and provides the building blocks to offer insights directly to the client on a real time basis.