NAS Insurance Services, an independent underwriting manager of specialty insurance, today released its online cyber liability product as part of the expansion of its NAS Online service."As data breaches continue to threaten businesses in all sectors, we are seeing an increase in demand for robust cyber liability coverage," remarks Michael Palotay, Senior Vice President of Underwriting at NAS. "By making our popular NetGuardTM Plus cyber product available online, brokers now have an easy-to-use tool to help them rapidly respond to the demand."
Online cyber from NAS is available to a broad range of small to medium-sized businesses and can be customized for various limits up to $5 Million. While the online form is simple, the coverage includes all of the core features of NetGuardTM Plus, including breach response costs outside the limit and coverage for regulatory fines and penalties.
In addition to the new cyber liability product, NAS Online has also recently released a broad Miscellaneous E&O product for over 120 classes of business, including Property Managers, Consultants, Third-party Administrators and many more.
Registration for online access is available via http://www.nasinsurance.com/NASonline.
"NAS Online is a key component to our distribution strategy," commented Richard Robin, CEO of NAS. "We are in the business of providing innovative insurance products and distributing them in the most efficient ways possible. We want it to be simple for our partners to do business with us, both offline and online."
NAS is a full-service specialty insurance underwriting manager that provides product development, underwriting, marketing, risk management and claims handling. NAS insurance products and programs are distributed through brokers and as tailored solutions for mutual insurance carriers.