Silent Cyber Umbrella Policy

CyberUP is the market’s first modern cyber umbrella insurance policy designed to fill coverage gaps resulting from silent cyber incidents.

Available exclusively through Amwins and in partnership with an “A XIII” rated insurance carrier, CyberUP is designed to affirmatively protect insureds against silent cyber incidents by dropping down, not overlapping, existing policies across multiple lines of coverage.

Silent Cyber Insurance Coverage Features

Simplifies the carrier response which expedites claims resolution and payment
Focused on middle market accounts
True umbrella form with full drop-down capabilities
Typically lead umbrella over primary, scheduling all “sensible” policies as underlying
Follow-form excess endorsement for certain functions (i.e., cybercrime matching sub-limit)
Only triggered by a cyber-related event
Limits up to $10M

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What is silent cyber?

As cyber events evolve in sophistication, scale and frequency, unintended cyber claims can bleed into other lines of insurance. These cyber risks, which insurers have neither underwritten nor charged for, can substantially increase their portfolio exposure. In response, some insurers have adopted various exclusions, sub-limits and changes to non-cyber insurance policies. This issue of non-affirmative coverage for cyber events is known as silent cyber.

Silent cyber incidents occur when coverage for a cyber-related loss is either inadvertently provided by insurance policies not specifically designed to cover cyber risk or the exposure is specifically excluded by the primary cyber policy or other policies, leaving coverage gaps.

Until the development of CyberUP, the insurance marketplace had only responded to the issue of silent cyber by publishing whitepapers, evaluating carrier books across lines, and adding exclusions or sublimits.

Is your insured at risk for silent cyber?

The simple answer is yes. Every organization is at risk for a cyber-attack.

However, don’t take our word for it; take our simple and free self-evaluation to determine if your client’s current cyber policy might be leaving them with coverage gaps and you as their insurance agent with E&O exposure.

TAKE THE SILENT CYBER EXPOSURE EVALUATION