Cyber Liability.

Cyber Liability Insurance for Startups and Tech Companies

A ransomware attack, cloud outage, or data breach can cost a startup more than a lawsuit — it can end the company. Cyber Liability insurance covers first-party breach response costs, regulatory defense, business interruption losses, and third-party claims from affected customers and partners. Coverage activates whether the incident originates from an external attack or an internal error.

How OnePark Risk Helps

As a cyber specialist, OnePark Risk negotiates coverage with carriers who understand technology risk: incident response retainer access, ransomware sub-limits, and regulatory defense for GDPR, CCPA, HIPAA, and state breach-notification statutes. For startups with validated security controls, our Agency Controls Qualified Coverage program pairs Cyber Liability with Tech E&O in a single program underwritten by Tokio Marine Kiln at Lloyd's — the Lloyd's market is rated A+ (Superior) by AM Best (see Lloyd's published ratings at lloyds.com/about-lloyds/investor-relations/ratings) — with limits that vary by program terms; eligibility requires an Agency-validated SOC 2 and/or ISO 27001 audit. We review your security control posture — MFA deployment, EDR, backup cadence, and IR plan — to help you qualify for favorable pricing and avoid coverage gaps triggered by security warranty breaches. Ratings source: Lloyd's market ratings.

Core Cyber Insurance Coverage Areas

• Breach notification costs and credit monitoring for affected individuals
• Ransomware extortion payments and recovery expenses
• Business interruption from network outages or cloud failures
• Regulatory defense and fines under GDPR, CCPA, and HIPAA
• Third-party liability for client data loss or exposure
• Forensic investigation, crisis communications, and PR costs