Great American Insurance Group Launches Streamlined, Admitted Cyber Product for Small and Medium-Sized Businesses

Great American Insurance Group is pleased to announce its new admitted cyber risk insurance product, the Risk e-Business Cyber Loss & Liability Insurance Policy℠. With two insuring agreements and only 13 exclusions, it’s cyber coverage made simple.

Source: Great American | Published on October 17, 2019

Digital security concept

According to Betty Shepherd, Divisional Senior Vice President of Great American Cyber Risk, the product is easy for agents to explain, and easy for insureds to understand. “Traditional cyber products can get complicated quickly,” Shepherd noted. “Great American’s cyber product is designed for small and medium-sized businesses, and we’ve worked hard to keep it simple.”

With limits up to $5 million available to companies with up to $250 million in annual revenue, Great American’s Risk e-Business Cyber Loss & Liability Insurance Policy℠ is available to a broad range of targeted classes. Additionally, Great American’s Risk e-Business policy includes incident consultation coverage. Help is just a click or call away, 24/7/365.

To learn more about Great American’s cyber risk insurance solutions, visit GAIG.com/Cyber.

About Great American Insurance Group

Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses, and in the sale of traditional fixed, fixed-indexed and variable-indexed annuities in the retail, financial institutions, broker-dealer, registered investment advisor and education markets. Great American Insurance Company has received an “A” (Excellent) or higher rating from the A.M. Best Company for more than 100 years (most recent rating evaluation of “A+” (Superior) affirmed September 11, 2019).