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Kamis, 31 Juli 2014

Insurance Noodle Offers Cyber Liability Coverage - TMCnet's Insurance Technology eNews

 

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July 23, 2014

Everyone knows about home, auto, and life insurance; they are staples of everyday life that most people have and some cannot imagine going without. Businesses, too, have insurance packages that protect their buildings and other material possessions. In a time when technological possessions are growing in number and importance, though, are businesses adequately covering those assets as well?

Insurance Noodle, a budding, ambitious insurance company, is tackling that very issue. With its new commercial insurance coverage it directs specifically toward risks that professionals may face in the technology sector. It is offering insurance plans, Yahoo Finance notes, for programmers, software designers, app developers, IT consultants, and individuals who work with staffing firms.

These packages include what is known as cyber liability coverage, which is meant to act as a safety net for businesses that were hit with cyber attacks. It can help mitigate losses incurred as a result of malevolent actions. However, it cannot take the place of security protections such as firewalls, security plans, data backup, and encryption...Read More


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