Large Advertising Agency Gets Coverage for Unique Exposures With Bespoke At-Bay Policy
To address the unique operations and exposures of a very large and complex advertising agency, At-Bay created a special endorsement for its Cyber and Tech E&O policy, providing the company a bespoke insurance solution with comprehensive coverage at competitive rates.
Overview
To meet the needs of a very large and complex out-of-home advertising agency, At-Bay created a special endorsement for its Cyber and Tech E&O policy to provide comprehensive coverage, given the company’s unique operations and exposures.
Unique Solutions for Unique Exposures
After a non-renewal by its prior insurance provider, this advertising agency applied for Cyber and Tech E&O coverage from At-Bay. The company had robust security and was utilizing all the security features offered through AWS Security Hub to manage its IT and network security.
Due to the company’s size and operations, it needed coverage for specific exposures that aren’t included in typical At-Bay Cyber and Tech E&O policies. To meet this advertising agency’s insurance needs, we developed custom coverage wording to address its unique exposures. At-Bay was comfortable providing this bespoke solution at competitive rates after assessing the company’s security architecture through our expert underwriting and Active Risk Monitoring.
A Fruitful Long-Term Relationship
Thanks to our willingness to go above and beyond to craft custom coverage onto our insurance policy, this loyal customer has continued to renew its Cyber and Tech E&O policy with At-Bay year after year.
It has been a mutually beneficial partnership: At-Bay continues to provide our top-tier coverage to a satisfied client, and the advertising agency maintains an insurance policy tailored to meet its exact coverage needs.
About At-Bay
At-Bay is the world’s first InsurSec provider designed from the ground up to help businesses tackle cyber risk head on. By combining industry-leading insurance with world-class cybersecurity technology, At-Bay offers end-to-end prevention and protection for the digital age. At-Bay helps its 30,000+ customers close their security technology and skills gap — all through their Cyber insurance policy — making them up to 5X less likely to be hit with a ransomware attack as compared to the industry average.* At-Bay offers Cyber, Tech E&O, and Miscellaneous Professional Liability (MPL) policies.
* Frequency Based on Primary and Excess Cyber and Tech Errors & Omissions losses reported and exposure earned through 9/30/2022, evaluated as of 10/1/2022, and 2020-2021 industry analysis.