InsurSec offerings combine enterprise-grade security with breakthrough policy enhancements to close widening gap in risk protection among mid-market and small businesses

Key News Highlights

• First-of-kind InsurSec packages protect businesses from costliest and most frequent cyber incidents.
• Combination of enterprise-grade managed security and insurance unlocks crucial coverage enhancements typically not offered by industry.
• Packages reduce high costs and gaps in coverage, providing superior financial protection businesses can rely on, including automatic flat renewals, zero retentions on ransomware and financial fraud coverage, and more.
• At-Bay’s battle-tested security protects all major risk domains including endpoint, cloud, identity, and email, with a mean time of 15 minutes to remediate a threat.

SAN FRANCISCO – October 2, 2025 – At-Bay, the InsurSec provider for the digital age, today introduced two new industry-first solutions to protect businesses from the most costly and common cyber threats: ransomware and financial fraud. The solutions combine¹ At-Bay’s battle-tested enterprise-grade security with tailored cyber insurance policies featuring new market-leading coverage enhancements. The enhancements, which include automatic flat renewal, zero retention on ransomware and financial fraud coverage, and more², provide businesses with superior protection and predictable, comprehensive coverage. These packages are available for businesses with revenue up to $5B.

Ransomware and financial fraud continue to surge among mid-market and small businesses. In 2024, the frequency of ransomware claims among this group increased for the third straight year, jumping by 20%. On average, these attacks cost businesses nearly $470K. While less severe, financial fraud is twice as common, with the average loss close to $270K — a figure that now surpasses the typical coverage provided by most insurance policies.

“By harnessing security to improve a company’s risk profile, we unlock drastically better outcomes and economics for our customers,” said Ken Riegler, President of At-Bay Insurance. “Ransomware and financial fraud remain major threats, yet our Managed Detection and Response team remediates incidents in an average of just 15 minutes. These packages are a game-changer: They will stop attacks before they escalate and create the opportunity for superior coverage enhancements.”

At-Bay InsurSec Package Highlights

At-Bay’s new InsurSec packages² deliver better protection and outcomes for businesses by combining insurance and security to reduce risk, lower costs, and create more predictability for brokers and policyholders.

• 24/7 Security Protection & Remediation: Packages uniquely leverage At-Bay’s enterprise-grade Managed Detection and Response⁴ security to stop ransomware and financial fraud claims before they happen and unlock crucial coverage enhancements. 
• Flat Renewal: Businesses can lock in the same premium year-over-year even after a ransomware claim, eliminating the sharp premium spikes that are common in the cyber insurance market, and providing businesses with budget stability and peace of mind.
• As Low as $0 Retention on Ransomware and Financial Fraud: Eliminates the typical out-of-pocket costs for ransomware and financial fraud, allowing companies to focus on recovery without financial strain. 
• Reduced Waiting Period for Ransomware Events: Ransomware coverage activates right away so businesses can get access to the resources needed for recovery without the typical waiting periods or costly delays incurred with other policies. 
• Up to $1M in Financial Fraud Coverage: Elevated coverage for financial fraud losses, ensuring businesses have the financial backing to recover from large-scale fraud events.
• Cyber Insurance Policy Premium Credits: Policyholders that purchase these packages will not only see additional coverage enhancements and reduced claims risk, but actually lower policy premiums as well⁵. 

To learn more about At-Bay’s new InsurSec packages, connect with your At-Bay Underwriter or email us here.

¹ Stance MDR is an optional service offered by At-Bay’s security affiliate and is not a requirement for insurance coverage through At-Bay

² Coverage enhancements will be based on the specific risk profile of the business and subject to qualifying conditions

³ Security solution available from At-Bay Security, LLC, a wholly owned subsidiary of At-Bay, Inc., that provides cybersecurity services. At-Bay Security, LLC does not provide insurance services.

⁴ Qualified policyholders who implement an approved MDR solution may be eligible for a premium credit. Please contact your authorized insurance representative for additional information concerning potential cost savings. Any premium savings will be based on the specific risk profile of the business.