Cyber Liability Insurance


Nothing signifies changing times more than the rapid technological advances over the last few decades, and with advanced new technologies come new threats and exposures. Virtually all businesses, large and small, are vulnerable to cyber attacks. In recent years, there have been breaches in companies as diverse as payroll giant ADP, Anthem Insurance, Target, LinkedIn, Yahoo, and even major government entities such as the IRS and the FBI.

Is your firm at risk? If you collect and maintain data, yes; if you are a financial or a health care organization, yes; if you conduct financial transactions, yes; if you store health records, credit cards, or other personally identifiable information, yes; if you are a retailer or an educational institution, yes; if you maintain employee data electronically, yes. In other words, pretty much every business is vulnerable, although some are more attractive targets to criminals than others.


One myth is that most problems occur due to hacking and outside malicious attacks, but all too often, the threat is coming from “inside the house.” Many problems begin with employee mistakes, lost or misplaced equipment, and a failure to take basic safety measures. Another myth is that your current insurance policies would protect you in the event of an attack. While your current business coverage may address some costs, there are many costs that would be excluded. See the sidebar for potential exposures.


While we’re proud to call Pennsylvania our home, we’ve helped businesses all across the country manage their risk and we look forward to helping you, too – no matter where it is that you call home.

Potential costs associated with cyber attacks


  • Liability
  • Recovering, restoring, updating, replacing electronic systems & assets
  • Business interruption
  • Compliance with state/federal regulations for customer notification
  • Cost of customer remedies, such as credit monitoring
  • Regulatory fines or penalties
  • Class action lawsuits
  • Reputational damage
  • Expenses related to cyber extortion or cyber terrorism

Our goal is to be your outsourced risk management partner

Business owners know that there’s always something that can go wrong.  Whether it’s a production delay due to a problem in the supply chain or a worker injury on the plant floor, you need to protect your operations, your productivity, and your bottom line. Gilbert’s Risk Solutions can help.

Our goal is to be your outsourced risk management partner

On the great scale of risk, cyber risk is a relatively new and emerging exposure. At Gilbert’s Risk Solutions, we make it our business to stay current with the evolving insurance mechanisms designed to protect your business from this new threat. We partner with 100+ of the nation’s premier insurance companies, so we have access to the latest coverage. Plus, our loss control and risk management teams stay current on the latest risk mitigation strategies.

Our Process

Gilbert’s Risk Solutions takes a consultative, risk management approach to your business. Our proprietary RISK SHIELD® Process identifies the extent of your organization’s cyber exposures and puts a loss control plan in place to mitigate those exposures. Often, the solution is an insurance product but, frequently, it’s a recommendation for a business process or a security measure that will reduce an exposure. Although insurance is a critical component in business protection, it’s only one component. To prevent losses, it’s important to also manage your risk.

Tailored Solutions

Many businesses do not recognize the scope of their cyber exposure and do not have adequate staff training, policies, or procedures in place to minimize the likelihood of cyber attacks. As part of our risk assessment process, we will advise you of vulnerabilities that we identify in your organization, help you to put a risk management measures in place, and assist you in finding the right insurance vehicle to protect you should a problem occur.

360 degree approach

We take a 360 degree view of your business to ensure that all aspects of your business are secure. Our team of experts in Loss Control, Employee Benefits, Human Resources, and training are all available to our Gilbert’s Risk Solutions commercial clients, ensuring multi-pronged risk mitigation.