PIA Cyber Insurance (to sell)
PIA and ABA Insurance Services (ABAIS) have worked with Great American E&S Insurance Company (rated A+ by A.M. Best) to create a cyber insurance program tailor-made for small and mid-sized businesses. PIA cyber insurance can protect businesses from computer, network and internet-based risks. As a PIA member you are eligible to sell the PIA cyber insurance product to your clients.
Important Details About PIA Cyber Insurance:
- PIA cyber insurance is a non-admitted program.
- ABAIS will file all surplus lines taxes. PIA member producers will need to provide ABAIS with completed surplus lines forms in certain states.
- Direct bill (agency bill available)
- Sales commission: 12.5%
Coverage Details:
The PIA enhanced cyber insurance policy covers both first- and third-party loss. Coverage includes:
- Social Engineering
- Fraudulent Funds Transfer
- Ransomware/Extortion
- Business Interruption
- Data Breach/Privacy
- Network Security
- Media Liability
It’s exciting to think that many PIA members will start writing business with the carriers on the PIA Market Access platform and eventually qualify to have their own contracts with those carriers.
Mike Becker, Executive Vice President & CEO, PIA
Cyber Insurance Marketing Support
If you are currently writing cyber insurance or are looking for resources to educate your clients and yourself about the most common cyber risks faced by small and mid-sized businesses, review the additional resources below:
Winning@Cybersecurity Defense: We created Winning@Cybersecurity Defense to make you aware of the different cyber risks and provide specific advice on how you can take action to protect yourself. It's designed to help you win at cybersecurity defense. Brought to you by the PIA Partnership, it's practical, useful, and action-oriented.
Ready to enroll?
Please complete the short PIA Cyber Program Enrollment Form to get started.
By logging in to the form above you are validating your PIA membership. After submitting the form, you will hear from ABAIS within a few business days.
Already appointed to sell cyber insurance through ABA Insurance Services?
Tell them that you are a PIA member so you can start selling the PIA enhanced cyber insurance product. To tell ABAIS you're a PIA member, simply fill out the PIA Cyber Program Enrollment Form.
Need cyber insurance for your agency?
Learn about PIA cyber insurance for your agency. It's the easiest way to buy cyber. Period.
Have a question?
Have a question for PIA? Contact us at ProductsAndServices@pianational.org.
Have a cyber insurance question? Contact: cguyer@abais.com.