Koosh Insurance · Management Liability

    Cyber Liability

    The most expensive sentence in modern small business is, "we're too small to be a target." The phishing email your bookkeeper clicked. The ransomware that locked your files at 4 AM. The customer database posted to a forum. Cyber liability covers what general liability and property policies explicitly exclude: the cost of a data breach, a network attack, or a fraud scheme that drains your operating account.

    See what's covered

    Coverage

    What this coverage includes

    • Data breach response — forensics, legal counsel, customer notification, credit monitoring, and PR
    • Regulatory defense and fines related to privacy violations (HIPAA, state breach-notification laws, GLBA)
    • Network security liability for damage caused to third parties by a breach originating in your network
    • Cyber extortion and ransomware — ransom payments where legally permitted and consistent with OFAC guidance, plus recovery costs
    • Business interruption from a cyber event when your systems are down due to a covered incident
    • Social engineering and funds transfer fraud (often by endorsement)

    Who Buys This

    Who typically buys this coverage

    • Any business that stores customer data — names, emails, payment info, health records, financial records
    • Healthcare providers with HIPAA exposure
    • Tech companies and SaaS providers
    • Professional service firms with client data on their systems
    • Any business that wires money or processes ACH — social-engineering fraud is one of the most common loss types
    • Retailers and e-commerce operations handling payment card data

    Why Koosh

    Why Koosh Insurance

    Cyber is the line that changes fastest. The forms, the underwriting questions, the required security controls, and the carrier appetite all shift quarter to quarter. Working with an agent who's actively in this market matters. The breach happens at 3 AM. The right policy is the one bound at 3 PM, six months earlier.

    Current on underwriting requirements — we know what controls each carrier expects before you apply.

    Specialty carrier access — programs for technology firms, healthcare providers, retailers, and the long tail of industries that standard markets won't write.

    Sub-limit verification — social engineering, funds transfer fraud, and ransomware sub-limits are often inadequate by default, and we check.

    Incident response when it happens — if you have a breach, we connect you with the carrier's breach coach immediately.

    Coordination with E&O — when both policies are in force, we map them deliberately so neither leaves you exposed.

    FAQ

    Frequently asked questions

    No. General liability specifically excludes data breach and electronic events under standard ISO forms in use since the mid-2010s. Cyber is a separate policy.

    Wrong, and it's the most common misconception we hear. Small businesses are targeted heavily because their security is weaker. Ransomware payments and recovery costs for SMBs routinely run well into six or seven figures.

    Sometimes — under social engineering or funds transfer fraud coverage, which is often a separate sub-limit and not always included by default. We always check this is in place and adequate.

    Most cyber underwriters now require multi-factor authentication on email and remote access at minimum, and many require endpoint detection and response, backups, and security awareness training. We help you understand what's required before you apply.

    Yes — breach notification is a core component of cyber liability and one of the largest cost drivers in any incident. Legal counsel, mailings, call centers, and credit monitoring are all included in standard breach response coverage.

    Cyber business interruption coverage replaces lost income while your systems are down due to a covered incident. This is separate from property-based business interruption and triggers on cyber events specifically.

    Related

    Related services

    Directors & Officers (D&O)

    Protection for executives and board members against management decisions.

    Employment Practices Liability (EPL)

    Wrongful termination, discrimination, harassment claims.

    Professional Liability (E&O)

    Errors & omissions coverage for professional services and advice.

    This page provides general information about Cyber Liability insurance and is not a substitute for tailored advice from a licensed insurance broker. Coverage availability, terms, exclusions, and pricing depend on your specific business operations, location, claims history, and carrier underwriting. Contact a Koosh Insurance broker for a personalized consultation. Koosh Insurance — License #L135215.

    Get a quote for Cyber Liability

    Talk to a licensed Koosh broker. We'll review your specific situation, source quotes from appropriate carriers, and walk you through the coverage that actually fits your business.

    (954) 309-3900
    service@koosh-ins.com
    4491 S State Rd 7, Suite 202, Davie, FL 33314