Cyber Liability Insurance for Boston Startups

Boston, Massachusetts is home to a number of startup businesses and technology startups. With top colleges such as the Massachusetts Institute of Technology and Harvard University, Boston is a mecca for innovation, with new startup companies being launched daily. Startups need to protect their livelihood, with solid insurance protection. Cyber Liability insurance is a must have for any startup, as most businesses are tied to technology in some way thereby leaving them vulnerable to cyberattacks. Businesses store sensitive information on their computers and a cyber-attack compromises that data with potentially devastating effects. Kaspersky Labs, discovered that the average data breach can set a small business back $120,000 in recovery costs.

Some Startups think they’re too small to justify the expense of Cyber Liability insurance but coverage can be tailored to your business’ unique needs and budget. A Cyber Liability or Data Breach Insurance policy helps cover costs like notifying effected parties, public relations, identity protection solutions, liability and also legal fees after a data breach occurs.  McSweeney & Ricci specializes in custom insurance protection that grows with you each stage of your startup business. Cyber Liability coverage is just one element of a well-rounded insurance program for your business.

Your Business Insurance Program Can Include:

  • Complete solutions for property, auto, general liability & workers’ compensation
  • Same-day issuance of insurance certificates
  • Professional risk exposure consultation
  • 24/7 claims access
  • In-house registry services

Enhanced coverage options available for:

  • Errors & omissions coverage
  • Key person life insurance
  • Employment practice liability
  • Commercial crime coverage
  • Directors & officers

We leverage our access to multiple insurance carriers, available technology, and forward thinking and will partner with you to protect your startup business today and into the future. For more information on cyber liability insurance for your Boston startup, contact McSweeney & Ricci at 844.501.1360 or send us a message.

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