INSURANCE FOR
BUSINESS STRATEGIES FOR
What Cyber Liability Insurance Protects
Cyberattacks are one of today’s fastest-growing threats—and small to mid-sized businesses are often the most vulnerable. Cyber Liability Insurance helps protect your:
✓ Business data & digital assets
✓ Customer and employee information
✓ Operations & revenue
✓ Technology infrastructure
✓ Reputation and financial stability
More than half of businesses that experience a major data breach shut down within six months. Cyber coverage helps ensure yours isn’t one of them.
Cyber Liability Insurance typically covers:
Data Breaches & Privacy Violations
Protection from stolen, lost, or exposed sensitive data—including Social Security numbers, health information, financial data, and more.
Cyberattacks & Malware
Coverage for ransomware, viruses, phishing, social engineering, and denial-of-service attacks.
Business Interruption
Reimbursement for lost income if operations are impacted by a cyber event.
Discrimination
Costs to recover, replace, or recreate lost or corrupted data.
Regulatory Fines & Penalties
Coverage for state and federal data breach notification requirements and compliance violations.
Third-Party Liability
Defense costs, settlements, and judgments if clients or partners are affected by a breach originating in your systems.
Note: Intentional or fraudulent acts are excluded. Wage & hour laws do not apply here, but cyber policies often allow optional coverage for Social Engineering and Funds Transfer Fraud.
Why Cyber Liability Isn’t Optional
If your business uses email, stores customer information, processes payments, or operates online—you face real cyber exposure.
Most cyber incidents originate from:
Employee mistakes
Unsecured devices
Vendor or cloud provider vulnerabilities
Payment system hacks
Phishing emails
Lost or stolen laptops/phones
Companies may be legally required to:
Notify affected individuals
Pay for credit monitoring
Cover legal fees and fines
Restore lost data
Respond to regulatory investigations
Without Cyber Liability Insurance, these costs can be catastrophic.
With it, your business can recover—quickly and strategically.
How We Match You With the Right Policy
Every carrier evaluates risk differently. We guide you through:
Industry classification
Employee exposure
Risk factors
Operations and service areas
Contract requirements
Loss history
Coverage limits and endorsements
Then we shop multiple top-rated carriers to compare pricing and coverage options.
As CEPA-informed advisors, we also ensure your liability structure supports your broader business goals, cash flow, and long-term value.
Why Businesses Trust Wasatch Preferred
Fast Certificates
COIs delivered quickly so you never miss a job or delay operations.
Competitive Carrier Access
We represent top carriers across Utah, giving you more choice and stronger options.
Clear Guidance
We simplify the process so you understand your policy—and your protection.
Strategic Insight
Insurance isn’t just a requirement—it’s a financial safeguard. We help ensure your coverage aligns with your business performance and future goals.
Get a General Liability Quote
Whether you’ve had coverage for years or are getting your first policy, we make the
process simple and fast.
Insurance products are offered through Wasatch Preferred.
Coverage availability and eligibility vary by carrier and state.
CEPA advisory services are provided in a non-fiduciary,
non-investment advisory capacity and do not include legal,
tax, or investment advice.
Insurance services are provided by properly licensed agents.
License information is available upon request and varies by state.
Insurance products are offered through Wasatch Preferred.
Coverage availability and eligibility vary by carrier and state.
CEPA advisory services are provided in a non-fiduciary,
non-investment advisory capacity and do not include legal,
tax, or investment advice.
Insurance services are provided by properly licensed agents.