▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

The Hartford Bolsters Cyber Insurance for Small Businesses

The Hartford’s comprehensive cyber product, CyberChoice First Response℠, is now available nationwide (excluding Alaska, Louisiana and Vermont) for small businesses through ICON, the company’s in...

Immagine

Company adds cyber insurance to its best-in-class ICON platform, making it easier for agents and brokers to get a quote

HARTFORD, Conn.: The Hartford’s comprehensive cyber product, CyberChoice First Response℠, is now available nationwide (excluding Alaska, Louisiana and Vermont) for small businesses through ICON, the company’s industry-leading quoting and binding system. Agents and brokers can quickly quote and bind tailored cyber coverage for their small business customers alongside other coverages through an easy, streamlined process.

The Hartford’s Spectrum Business Owners Policy (BOP), which includes property, general liability, and business income insurance, has been offered for many years on the company’s digital platform. Now, CyberChoice First Response℠ offers small businesses cyber coverage, seamlessly integrated alongside The Hartford’s Spectrum BOP.

“Now more than ever, all small businesses can be vulnerable to cyber threats,” said Chris Jones, head of Small Business at The Hartford. “Our enhanced cyber insurance makes it even easier for them to receive customized coverage based on the needs of their business – with the easy, fast, and accurate experience our customers and independent agent partners rely on.”

Cyber policies also provide the ability to choose to prepare for and respond to cyber threats in a way that best fits the business’ needs, including:

  • Coverage for loss of income due to a ransomware attack that shuts down a business, loss of other’s data due to breaches, costs to replace or restore the company’s data or network, and incident response expenses, such as forensic and public relations services;
  • Coverage related to a regulatory inquiry, which can be costly to defend and may involve fines;
  • 24/7 cyber incident hotline staffed in the U.S. to assist in the event of a cyberattack; and
  • Available system failure and administrative error protection.

By making the coverage easier for brokers and agents to quote in ICON, small business customers can more efficiently purchase higher limits of first-party and third-party protection covering network security, data privacy, extortion threats, and other critical cyber risks.

Small businesses may also get cyber insurance quotes directly on TheHartford.com.

The Hartford’s Small Business unit proudly serves more than 1 million small business customers. The company has been supporting small businesses for more than 200 years, including the creation of a dedicated Small Business insurance unit more than 40 years ago.

ICON, renowned for its smart-coverage recommendations, is consistently ranked highest among The Hartford’s industry peers. Keynova Group, a benchmarking leader that evaluates financial services companies’ digital capabilities, has recognized The Hartford as the No. 1 Digital Small Business Insurer for six consecutive years.

Visit The Hartford’s website to learn more about small business insurance. Agents and brokers who do business with The Hartford can access ICON in The Hartford’s Electronic Business Center.

About The Hartford

The Hartford is a leader in property and casualty insurance, employee benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust, and integrity. More information on the company and its financial performance is available at https://www.thehartford.com.

The Hartford Insurance Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.

HIG-S

Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2024 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

From time to time, The Hartford may use its website and/or social media channels to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Integral AI Unveils World’s First AGI-capable Model

#AGI--Integral AI, a global leader in the development of embodied AGI, today announced the successful testing of the world’s first AGI-capable model.…

Reply Achieves the AWS Agentic AI Specialization and Is Named an Implementation…

Reply [EXM, STAR: REY] announced that it has achieved the Amazon Web Services (AWS) Agentic AI Specialization, a new category within the AWS AI Competency.…

Tecnotree Emerges as CX Catalyst Winner for Impact at The Fast Mode Awards…

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, has won the CX Catalyst award for Impact at The Fast…

CoMotion GLOBAL 2025 Launches in Riyadh: Global Mobility Leaders Unite…

Riyadh is rapidly becoming one of the world's most ambitious urban mobility laboratories, where next-generation technologies move from blueprint to real-world…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!