Cyber Risk Insurance
Did you know that one of the largest data breaches in U.S. history emanated from network credentials that were stolen from an HVAC contractor working on a project site?
As technological advancements continue to fuel new and better efficiencies within the construction industry, cyber risk insurance has become an essential part of all construction risk management programs. Cyber attacks such as malware, phishing, and ransomware have seemingly changed the risk landscape in construction overnight. Taking a proactive approach to managing cyber security risk has never been more critical to any contractor’s livelihood.
At CRP, we pride ourselves on our passion for always keeping our fingers on the pulse of the most innovative and fluid segments of the insurance marketplace. When it comes to cyber risk, our team is prepared to keep your company protected through a combination of proper planning, careful vendor management, and coordinated IT processes and procedures - all supported by insurance policies with the industry’s broadest coverage terms.