Insurance Coverage is Changing as Fast as Technology

In today’s world, virtually every business has exposures related to the Internet and computer networks. Cyber Liability is a major issue that all companies should consider in their risk management strategy. Risks as varied as Privacy Liability, Identity Theft, Network Security, Media, Cyber Extortion and Regulatory Proceedings must be considered. These types of losses can be high-profile news, generating significant negative publicity. Hacking, transmission of computer viruses, theft of personal data or intellectual property can be devastating. Following a loss, state and federal laws can subject a business to costs for notifications and credit-monitoring expenses over multiple years.

Are You Sure You’re Protected?

Traditional insurance programs are not designed to afford coverage for these types of losses. Without a careful assessment of your insurance program, your business may be totally uninsured when coverage is available at very competitive premiums. As part of the underwriting process, MHBT can help you identify business practices and procedures that reduce your risk of a loss.

Close the Gap

MHBT’s technology and telecommunication specialists have the expertise to eliminate crucial coverage gaps. By consolidating coverage into a package policy, you save premium dollars and eliminate the potential for claim disputes that can arise between multiple carriers and policies. Let MHBT design a comprehensive risk management program for your company.

MHBT is among the largest independent brokers in the U.S. We are able to help you assess and address risks involving:

  • E-commerce Security
  • Advertising and Personal Injury
  • Telecommunications Risks
  • Errors and Omissions
  • Contingent Business Interruption
  • Professional Liability
  • Intellectual Property
  • Computer Crime
  • Executive Protection
  • Specialty Cargo/Transport

MHBT technology customers include:

  • Software Developers and Consultants
  • Wireless and Fixed Phone and Paging Networks
  • Multimedia Services
  • Integrated Circuits and Semiconductor Devices
  • Information Service Providers (ISPs)
  • Online Publications
  • Computers and Components
  • Retail and Wholesale
  • Telecommunications Infrastructure