A single ransomware event can halt a midsized New York factory for days, burning through six figures in lost output before the forensics team even arrives. For manufacturers running connected production lines, programmable logic controllers, and vendor payment portals, the exposure is not hypothetical: it is an operational reality that standard commercial policies were never designed to address. Cyber insurance built for manufacturing fills that gap, but only if the policy form matches the actual risk profile of your facility.
This guide covers the specific cyber threats New York manufacturers face, the coverage components that respond to those threats, how underwriting requirements differ from other industries, and how to select limits that reflect your real financial exposure. Whether you operate a precision machining shop in Rochester or a food processing plant on Long Island, the goal is the same: know what your policy pays, know what it excludes, and know what controls you need in place before a carrier will bind coverage.
Cyber Risks Facing New York's Manufacturing Sector
Manufacturing has become one of the most targeted industries for cyberattacks, and New York's concentration of midsized producers makes it a high-value target. The convergence of legacy operational technology with modern IT networks creates attack surfaces that many manufacturers do not fully understand until an incident occurs. Three categories of risk dominate the claims data.
Industrial Control Systems (ICS) and OT Vulnerabilities
Most manufacturing facilities run some combination of supervisory control and data acquisition (SCADA) systems, human-machine interfaces, and programmable logic controllers. These systems were designed for reliability, not security. Many still operate on unsupported operating systems with no encryption, no authentication, and no segmentation from the corporate network.
An attacker who gains access to the IT side of the house can often pivot into OT environments within hours. The result is not just data theft: it is physical disruption. A compromised PLC can alter temperature settings, change chemical ratios, or shut down conveyor lines entirely. For New York manufacturers subject to strict quality and safety regulations, the downstream consequences include regulatory scrutiny, product liability exposure, and customer contract penalties.
The Financial Impact of Production Line Downtime
Production downtime is where the real dollar losses accumulate. A facility generating $200,000 per day in revenue does not simply lose that revenue during an outage: it also incurs expediting costs, overtime labor, spoiled raw materials, and contractual penalties for late delivery. Cyber-related business interruption claims in the manufacturing sector frequently exceed $1 million once all direct and indirect costs are tallied.
The waiting period in your cyber policy, typically 8 to 12 hours, determines when coverage begins to respond. Every hour inside that waiting period is an uninsured loss. Understanding how your policy defines "total" versus "partial" interruption matters enormously, because a facility running at 40% capacity may not trigger the same coverage as a full shutdown.
Social Engineering and Supplier Payment Fraud
Manufacturers maintain complex supply chains with dozens or hundreds of vendor relationships, each involving regular wire transfers. Attackers exploit this by compromising vendor email accounts and sending fraudulent payment instructions that appear legitimate. A controller who redirects a $175,000 payment to a spoofed account may not discover the fraud for weeks.
Social engineering fraud coverage is not standard on every cyber policy form. Some forms exclude it entirely; others cap it at $25,000 or $50,000 with a separate retention. If your accounts payable team processes high-value wires regularly, you need to verify that the policy form includes a social engineering endorsement with a limit that reflects your actual transaction volume.
By: Caden Braly
Founder of Bloc Cyber Insurance
INDEX
Bloc Cyber and Its Licensed Producers Are Authorized to Place Cyber Coverage in All 50 U.S. States and The District of Columbia.
Cyber liability insurance covers the financial losses your business faces after a cyberattack or data breach. This page explains what the coverage includes, who needs it, what it costs, and how Bloc Cyber helps you get protected fast.
We start with a twenty-minute call to walk through your contracts, your draw process, your tech stack, and the last twelve months of attempted fraud. From there we go to market with ten-plus carriers, benchmark terms side-by-side, and present the options in plain language with recommended limits and retentions. Most intakes get indicative terms within one business day.
Core Coverage Components for Manufacturers
A well-structured manufacturing cyber policy addresses three primary loss categories: lost income, restoration costs, and extortion demands. Each has its own insuring agreement, sublimit, and set of conditions.
Business Interruption and Extra Expense
The business interruption insuring agreement pays for lost net income and extra expenses incurred during a covered cyber event. For manufacturers, extra expense often includes the cost of outsourcing production to a contract manufacturer, renting temporary equipment, or air-freighting components that would normally ship by ground.
One critical distinction: contingent business interruption coverage extends protection to losses caused by a cyber event at a key supplier or customer. If your sole-source vendor for a critical component suffers a ransomware attack and cannot deliver, your production line stops too. Contingent business interruption coverage responds to that scenario, but it is often written with a lower sublimit than direct BI coverage. Review both figures before binding.
Digital Asset Restoration and System Failure
Restoring compromised systems in a manufacturing environment is not a simple reimage-and-reboot exercise. SCADA configurations, custom PLC programming, and production databases may need to be rebuilt from scratch if backups are inadequate or encrypted by the attacker. Digital asset restoration coverage pays for the labor and licensing costs to restore or recreate data and software.
System failure coverage, sometimes called technology errors coverage, responds to outages caused by unintentional IT failures rather than malicious attacks. A botched firmware update that bricks your PLCs is not a cyberattack, but it can shut down production just as effectively. Not every policy form includes system failure as a covered peril, so confirm it is present in yours.
Cyber Extortion and Ransomware Response
Ransomware remains the dominant threat to manufacturers. The extortion insuring agreement typically covers the ransom payment itself (subject to OFAC compliance screening), negotiation costs, and forensic investigation expenses. Some forms also cover the cost of a public relations firm to manage reputational damage.
The retention on extortion claims is often separate from the general policy retention. A policy with a $10,000 general retention might carry a $25,000 or $50,000 retention on extortion. Carriers increasingly require proof of offline backups and endpoint detection before they will write extortion coverage at all, and cyber insurance claim frequency data supports that underwriting posture.
We start with a twenty-minute call to walk through your contracts, your draw process, your tech stack, and the last twelve months of attempted fraud. From there we go to market with ten-plus carriers, benchmark terms side-by-side, and present the options in plain language with recommended limits and retentions. Most intakes get indicative terms within one business day.
| Coverage Element | General Cyber Policy | Cryptojacking Endorsement |
|---|---|---|
| Unauthorized cloud compute charges | May be excluded or subject to low sublimit | Explicitly covered, often with higher sublimit |
| Incident response and forensics | Typically included | Included |
| Business interruption from degraded performance | Covered if waiting period is met | Covered, sometimes with shorter waiting period |
| Container/Kubernetes remediation | Covered under system restoration if triggered | Explicitly addresses cloud-native environments |
| Cloud bill reimbursement | Varies widely by form | Specifically designed for this loss type |
| Retention (deductible) | Standard retention applies | May have separate, lower retention |
Some regulatory proceedings involve parallel tracks: the regulator's formal action and an internal investigation your company runs simultaneously. Shadow defense counsel represents your company's interests during the regulatory process without formally appearing before the agency. Monitoring counsel may be appointed under a consent order to oversee your compliance.
The costs for these roles can be substantial. Certain policy forms cover shadow counsel fees as part of the defense cost grant, while others exclude them entirely. Court-appointed monitors in state enforcement actions have generated significant fees that strain organizational budgets, and whether your policy responds to those costs depends on how the form defines "defense costs" and "regulatory proceeding."
Shadow Defense and Monitoring Counsel Roles
Table: General Liability vs. Cyber Liability Coverage
PWA-specific insurance covers the risk that the IRS determines the project failed to meet prevailing wage or apprenticeship standards, resulting in loss of the bonus credit multiplier. Some policies also cover the penalty amounts associated with correction payments if the cure mechanism is invoked.
This coverage is particularly valuable because PWA compliance involves thousands of individual payroll records across multiple subcontractors. Even well-managed projects can have gaps. A single subcontractor paying below the prevailing rate for a misclassified trade can jeopardize the entire bonus credit. Insurance does not excuse sloppy compliance, but it does protect against the financial consequences of honest errors.
PWA-specific insurance covers the risk that the IRS determines the project failed to meet prevailing wage or apprenticeship standards, resulting in loss of the bonus credit multiplier. Some policies also cover the penalty amounts associated with correction payments if the cure mechanism is invoked.
This coverage is particularly valuable because PWA compliance involves thousands of individual payroll records across multiple subcontractors. Even well-managed projects can have gaps. A single subcontractor paying below the prevailing rate for a misclassified trade can jeopardize the entire bonus credit. Insurance does not excuse sloppy compliance, but it does protect against the financial consequences of honest errors.
Audit Protection and PWA Penalty Insurance
| Coverage Element | Standard Cyber Policy | With PCI Comprehensive Rider |
|---|---|---|
| Forensic investigation (PFI) | Covered, subject to sublimit | Covered at full policy limit |
| Card brand assessments | Typically excluded | Covered, subject to retention |
| Card reissuance costs | Excluded | Covered |
| Regulatory fines (state-level) | Covered where insurable by law | Covered where insurable by law |
| PCI DSS non-compliance penalties | Excluded | May be covered with conditions |
| Notification and credit monitoring | Covered | Covered |
| Business interruption | Covered, with waiting period | Covered, with waiting period |
| Third-party liability / lawsuits | Covered | Covered |
| Scenario | General Liability | Cyber Liability |
|---|---|---|
| Customer slips in your office | Covered | Not covered |
| Hacker steals 10,000 customer records | Not covered | Covered under breach response and privacy liability |
| Ransomware shuts down operations for 5 days | Not covered | Covered under business interruption (subject to waiting period) |
| Employee accidentally emails PHI to wrong recipient | Not covered | Covered under privacy liability |
| BIPA class action for biometric timekeeping | Likely excluded | May be covered if policy does not exclude biometric claims |
| Virus from your network infects a client | Not covered | Covered under network security liability |
| Regulatory investigation by IL Attorney General | Not covered | Covered under regulatory proceeding coverage |
First-party coverage pays for your own costs: forensics, notification, credit monitoring, business interruption, and data restoration. Third-party coverage responds to claims made against you by affected individuals, regulators, or business partners. Many business owners assume a single policy limit covers everything. It does not. Most forms split the limit into first-party and third-party components, and some impose sublimits within each category.
| Coverage Element | First-Party | Third-Party |
|---|---|---|
| Forensic investigation | Covered under breach response | Not applicable |
| Breach coach / legal fees | Covered under breach response | Regulatory defense may fall here |
| Consumer notification | Covered under breach response | Not applicable |
| Credit monitoring | Covered under breach response | Not applicable |
| Regulatory fines and penalties | Not applicable | May be covered where insurable by law |
| Liability to affected individuals | Not applicable | Covered under privacy liability |
| PCI-DSS assessments | Sometimes first-party | Sometimes third-party |
The distinction matters because a $1 million aggregate that must cover both forensics and a regulatory defense action can be exhausted before notification even begins. When Bloc Cyber reviews a policy form, one of the first things examined is whether the breach response sublimit is adequate relative to the company's record volume and the number of jurisdictions where it operates.
Comparing General Liability vs. Cyber Insurance
Many manufacturers assume their general liability or property policy covers cyber-related losses. That assumption is almost always wrong. GL policies contain broad electronic data exclusions, and property forms typically exclude losses caused by software or network failures.
Coverage Comparison Table: GL vs. Standalone Cyber
| Loss Scenario | General Liability | Standalone Cyber Policy |
|---|---|---|
| Ransomware shuts down production for 5 days | Not covered (electronic data exclusion) | Covered under business interruption and extortion |
| Vendor email compromise: $150K wire fraud | Not covered | Covered if social engineering endorsement is included |
| PLC compromise alters product specifications | May trigger products liability, not cyber response | Covered under incident response and digital asset restoration |
| Customer PII stolen from HR system | Not covered | Covered under privacy liability and breach response |
| Regulatory investigation by NYDFS | Not covered | Covered under regulatory defense and penalties |
The gap is clear. A standalone cyber policy responds to the specific loss mechanics that manufacturers face, while GL was designed for bodily injury and property damage claims. Treating one as a substitute for the other leaves significant exposure uninsured.
Real claims illustrate the exposure more clearly than abstract descriptions. Here are patterns that repeat across the technology sector:
- A SaaS company deploys a billing module that overcharges 12,000 end users over six months. The client demands $410,000 in restitution costs plus $150,000 in legal fees. The tech E&O form responds to the defense and indemnity obligation.
- An MSP fails to complete a server migration on schedule, causing a healthcare client to miss a compliance deadline. The healthcare company faces a regulatory fine and sues the MSP for $275,000. The policy form may respond, but only if the regulatory fine is not excluded as a penalty.
- A custom software vendor delivers an inventory management system that miscounts stock levels. The client loses $600,000 in downstream sales. The vendor's tech E&O policy covers defense costs and settlement, but a sublimit on the policy caps the payout at $500,000.
Average defense costs for technology professional liability claims range from $50,000 to $150,000 depending on complexity and jurisdiction. Settlement amounts vary widely, but six-figure demands are common even for small firms.
We start with a twenty-minute call to walk through your contracts, your draw process, your tech stack, and the last twelve months of attempted fraud. From there we go to market with ten-plus carriers, benchmark terms side-by-side, and present the options in plain language with recommended limits and retentions. Most intakes get indicative terms within one business day.
| Coverage Element | Commercial General Liability | Cyber Insurance |
|---|---|---|
| Data breach notification costs | Not covered | Covered under first-party |
| Ransomware payment | Not covered | Covered (subject to sublimit) |
| Regulatory defense | Not covered | Covered under third-party |
| Business interruption from cyberattack | Not covered | Covered with waiting period |
| Funds transfer fraud | Not covered | Covered via cyber crime endorsement |
| Third-party lawsuit over data loss | Excluded or severely limited | Covered under third-party liability |
| Technology product failure | Not covered | Covered under Tech E&O |
How much does a typical PCI forensic investigation cost?
PFI engagements range from $20,000 for a simple, small-merchant investigation to $120,000 or more for complex environments with multiple locations or e-commerce platforms. The card brands dictate the scope, and the merchant pays.
A cyber liability policy can pay for forensic investigation, breach notification costs, credit monitoring, public relations, legal defense, regulatory fines where insurable by law, business interruption losses, and data restoration expenses. The specific scope depends entirely on the insuring agreements and endorsements in your policy form.
FAQ: What does cyber insurance actually pay for?
The distinction is clear: general liability policies contain electronic data exclusions and are not designed to respond to cyber events. Treating a general liability policy as a substitute for a dedicated cyber form is a common and expensive mistake.
Underwriting Requirements and Limit Selection
Carriers writing cyber coverage for New York manufacturers apply a specific set of underwriting criteria that reflect both the threat environment and the state's regulatory framework. The NYDFS cybersecurity regulation (23 NYCRR Part 500) set a final compliance deadline of November 1, 2025, and while Part 500 applies directly to financial services entities, carriers now use it as a benchmark for evaluating security posture across industries.
Security Controls Carriers Require for NY Manufacturers
Most carriers will not quote a manufacturing account without evidence of the following controls:
- Multi-factor authentication on all remote access, email, and privileged accounts
- Endpoint detection and response (EDR) deployed across IT and, where feasible, OT environments
- Offline or immutable backups tested within the prior 90 days
- Network segmentation between IT and OT environments
- A documented incident response plan that has been tabletop-tested within the past 12 months
- Patch management program with defined SLAs for critical vulnerabilities
Failing to meet these requirements does not always mean a declination. Some carriers will offer coverage with higher retentions, lower limits, or specific exclusions. A firm like Bloc Cyber that reviews the policy at the insuring-agreement level can identify where those restrictions create gaps and whether an alternative market offers more favorable terms.
Determining Appropriate Aggregate and Sub-Limits
Limit selection should start with your maximum probable loss, not an arbitrary round number. Calculate your daily revenue, multiply by the number of days a realistic worst-case outage would last, and add forensic, legal, and notification costs. For a manufacturer generating $50 million in annual revenue, a $1 million aggregate limit may be insufficient if a ransomware event causes a two-week shutdown.
Sub-limits deserve equal attention. Industry data suggests that manufacturers frequently underinsure business interruption relative to their actual downtime exposure. A $2 million aggregate with a $500,000 BI sublimit means the policy stops paying for lost income long before the aggregate is exhausted. Bloc Cyber's form-level review process catches these misalignments before binding, not after a claim.
We start with a twenty-minute call to walk through your contracts, your draw process, your tech stack, and the last twelve months of attempted fraud. From there we go to market with ten-plus carriers, benchmark terms side-by-side, and present the options in plain language with recommended limits and retentions. Most intakes get indicative terms within one business day.
No. A data breach or cyberattack is a cyber liability exposure, not a technology E&O exposure. You need a separate cyber liability policy form to cover breach response, notification costs, regulatory defense, and third-party claims arising from a security incident. Many technology companies carry both policies because the exposures are distinct.
FAQ: Does this cover me if I get hacked?
P2PE encrypts cardholder data from the point of interaction (the card reader) to the payment processor's secure decryption environment. A validated P2PE solution removes your systems from PCI scope for those transactions, which directly reduces both your compliance burden and your risk profile. Underwriters recognize P2PE as a meaningful risk reduction and may offer premium credits for merchants using validated solutions.
Implementing Point-to-Point Encryption (P2PE)
The Underwriter's Review of Data Rooms
Underwriters expect access to the buyer's due diligence reports, the virtual data room, and the near-final purchase agreement. They review financial, tax, legal, environmental, intellectual property, and employment diligence. Gaps in diligence translate to broader exclusions on the policy. If the buyer skipped an environmental Phase I assessment, for instance, the underwriter will likely exclude environmental representations from coverage entirely. Firms like Bloc Cyber, whose practice centers on reading policy forms at the insuring-agreement level, often advise clients that the quality of your diligence directly determines the quality of your coverage.
Does a standard business owner's policy cover wire fraud losses? No. BOP policies and general liability forms exclude electronic theft and funds transfer fraud. You need a standalone cyber policy with a specific social engineering or funds transfer fraud insuring agreement.
Will my cyber policy respond if a core provider outage is not caused by a cyberattack? It depends on the form. Some policies only cover "security failures" at dependent entities, while others extend to "system failures." Confirm the trigger language before binding.
Are FTC fines under the Safeguards Rule insurable? Insurability of regulatory fines varies by state. Many cyber policies cover fines and penalties "where insurable by law," but the practical answer depends on your jurisdiction and the specific penalty assessed.
How much cyber insurance does a community bank need? There is no universal answer, but institutions processing significant wire volume should ensure their aggregate limit and sublimits can absorb a realistic worst-case fraud loss plus concurrent regulatory defense costs. A $3 million to $5 million aggregate is a common starting point for institutions with $100 million to $500 million in assets.
Does cyber insurance cover customer reimbursement after an account takeover? Some policies include customer notification and credit monitoring costs, but direct reimbursement of stolen customer funds typically requires a crime or fidelity endorsement, not the standard cyber form.
DWhat happens if I'm not compliant at the time of a breach?
Common Questions About Manufacturing Cyber Insurance
Does my property policy cover a cyberattack that damages equipment? Most property forms exclude losses caused by software, malware, or network intrusion. Physical damage resulting from a cyber event, such as a motor burning out due to a compromised controller, falls into a gray area that many insurers actively litigate. A standalone cyber policy with a system damage endorsement is the more reliable path.
How long is the typical waiting period for business interruption? Waiting periods range from 6 to 24 hours depending on the carrier and the risk profile. For manufacturers, an 8-hour waiting period is common. Every hour inside that window is self-insured, so negotiate this term carefully.
Are we required to comply with NYDFS Part 500? Part 500 applies directly to entities regulated by NYDFS, primarily financial services firms. Manufacturers are not directly covered unless they hold a financial services license. That said, enforcement trends under Part 500 influence how carriers underwrite all New York commercial accounts.
Will the policy pay if we decide not to pay a ransom? Yes. The extortion insuring agreement typically covers negotiation costs, forensic investigation, and system restoration whether or not a ransom is paid. The ransom payment itself is optional and subject to OFAC screening.
Can we add coverage for a key supplier's cyber event? Contingent business interruption coverage addresses this. It is available on most standalone cyber forms but usually carries a sublimit lower than your direct BI coverage. Specify your critical suppliers during the application process.
Real claims illustrate the exposure more clearly than abstract descriptions. Here are patterns that repeat across the technology sector:
- A SaaS company deploys a billing module that overcharges 12,000 end users over six months. The client demands $410,000 in restitution costs plus $150,000 in legal fees. The tech E&O form responds to the defense and indemnity obligation.
- An MSP fails to complete a server migration on schedule, causing a healthcare client to miss a compliance deadline. The healthcare company faces a regulatory fine and sues the MSP for $275,000. The policy form may respond, but only if the regulatory fine is not excluded as a penalty.
- A custom software vendor delivers an inventory management system that miscounts stock levels. The client loses $600,000 in downstream sales. The vendor's tech E&O policy covers defense costs and settlement, but a sublimit on the policy caps the payout at $500,000.
Average defense costs for technology professional liability claims range from $50,000 to $150,000 depending on complexity and jurisdiction. Settlement amounts vary widely, but six-figure demands are common even for small firms.
We start with a twenty-minute call to walk through your contracts, your draw process, your tech stack, and the last twelve months of attempted fraud. From there we go to market with ten-plus carriers, benchmark terms side-by-side, and present the options in plain language with recommended limits and retentions. Most intakes get indicative terms within one business day.
| Coverage Element | Commercial General Liability | Cyber Insurance |
|---|---|---|
| Data breach notification costs | Not covered | Covered under first-party |
| Ransomware payment | Not covered | Covered (subject to sublimit) |
| Regulatory defense | Not covered | Covered under third-party |
| Business interruption from cyberattack | Not covered | Covered with waiting period |
| Funds transfer fraud | Not covered | Covered via cyber crime endorsement |
| Third-party lawsuit over data loss | Excluded or severely limited | Covered under third-party liability |
| Technology product failure | Not covered | Covered under Tech E&O |
How much does a typical PCI forensic investigation cost?
PFI engagements range from $20,000 for a simple, small-merchant investigation to $120,000 or more for complex environments with multiple locations or e-commerce platforms. The card brands dictate the scope, and the merchant pays.
A cyber liability policy can pay for forensic investigation, breach notification costs, credit monitoring, public relations, legal defense, regulatory fines where insurable by law, business interruption losses, and data restoration expenses. The specific scope depends entirely on the insuring agreements and endorsements in your policy form.
FAQ: What does cyber insurance actually pay for?
The distinction is clear: general liability policies contain electronic data exclusions and are not designed to respond to cyber events. Treating a general liability policy as a substitute for a dedicated cyber form is a common and expensive mistake.
Before You Buy a Policy
New York manufacturers face a threat environment where IT and OT convergence, supply chain complexity, and regulatory scrutiny all compound the cost of a cyber event. A policy that looks adequate on the declarations page may contain waiting periods, sublimits, or exclusions that reduce its real value by half or more.
The difference between a policy that pays and one that disappoints comes down to form-level detail: how the insuring agreements are written, where the sublimits sit, and whether the endorsements match your actual operations. If you are purchasing or renewing manufacturing cyber coverage, request a review so a specialist can walk through the policy form with you, identify gaps, and confirm that your limits reflect your real exposure before you bind.
ABOUT THE AUTHOR
Caden Braly
— Founder, Bloc Cyber
I'm Caden Braly, founder of Bloc Cyber, the specialty cyber insurance arm of Braly Insurance. I built Bloc Cyber around one idea: businesses deserve coverage that actually responds when a cyberattack happens. I work closely with clients to understand their exposure, place the right policy through specialty carriers, and stand with them through the claim. My goal is simple — give every business straight answers and protection they can trust.
Full profile → caden@bloccyber.com LinkedIn
Industries We Protect
Cyber Coverage Built for Your Industry
Every industry faces a different cyber threat, from patient records in healthcare to wire fraud in construction. Bloc Cyber matches coverage to the risks your sector actually faces, drawing on specialty carriers that understand your business. Find your industry below to see how we protect it.
Healthcare
Banking
Retail / E-Commerce
Legal
Technology / SaaS
Education
Energy / Utilities
Manufacturing
Construction
Defense
Healthcare
HIPAA-grade protection for patient data
725
healthcare breaches disclosed in 2024
HIPAA-grade protection for patient data
▣ Ransomware on EHR systems
▣ PHI exfiltration
▣ Medical device exploits
▣ Business email compromise
Sub-sectors we place
Hospitals and health systems
Physician practices and specialty clinics
Dental practices and DSOs
Behavioral health and addiction treatment centers
Medical billing and revenue cycle management firms
Typical turnaround for indication of terms: 1 business day.
Banking
Coverage that meets FFIEC and NYDFS expectations
$5.9M
average cost of a financial sector breach
Common threats we underwrite against
▣ Wire fraud and BEC
▣ Credential stuffing
▣ Third-party vendor risk
▣ Ransomware
Sub-sectors we place
Community banks
Credit unions
Mortgage lenders and loan originators
Wealth management and RIAs
Payment processors and merchant acquirers
Typical turnaround for indication of terms: 1 business day.
Retail / E-Commerce
PCI-DSS aligned coverage for every checkout
42%
of retailers hit by ransomware in the last year
Common threats we underwrite against
▣ Magecart / card skimming
▣ POS malware
▣ Account takeover
▣ Supply-chain intrusion
Sub-sectors we place
Direct-to-consumer (DTC) brands
Shopify and marketplace sellers
Brick-and-mortar multi-location retailers
Restaurants and QSR franchises
Grocery and specialty food retail
Typical turnaround for indication of terms: 1 business day.
Legal
Privilege, client files, and trust-account safeguards
1 in 4
law firms reported a breach in 2024
Common threats we underwrite against
▣ Wire-transfer fraud
▣ Privileged data theft
▣ Email account compromise
▣ Ransomware
Sub-sectors we place
AmLaw / large firms
Boutique litigation firms
Personal injury and plaintiffs’ firms
Estate planning and trust attorneys
Title and real estate closing firms
Typical turnaround for indication of terms: 1 business day.
Technology / SaaS
SOC 2 and ISO-aligned risk transfer
$4.88M
avg. cost of a SaaS breach in 2024
Common threats we underwrite against
▣ Supply-chain attacks
▣ Cloud misconfiguration
▣ Token and key theft
▣ Zero-day exploits
Sub-sectors we place
B2B SaaS platforms
Managed service providers (MSPs) and MSSPs
Fintech startups
AI and machine learning companies
Cloud hosting and infrastructure providers
Typical turnaround for indication of terms: 1 business day.
Education
FERPA-aligned coverage for student and research data
80%
of K–12 districts hit by ransomware since 2022
Common threats we underwrite against
▣ Ransomware on district networks
▣ Student PII theft
▣ Fake invoice fraud
▣ DDoS on exam platforms
Sub-sectors we place
K-12 public school districts
Private and charter schools
Colleges and universities
EdTech platforms
Tutoring, test prep, and online learning providers
Typical turnaround for indication of terms: 1 business day.
Energy / Utilities
OT and IT coverage for critical infrastructure
24/7
operational-tech monitoring requirements
Common threats we underwrite against
▣ ICS/SCADA intrusion
▣ Nation-state actors
▣ Ransomware on OT
▣ Insider threat
Sub-sectors we place
Municipal utilities (water, electric, gas)
Oil and gas operators
Pipeline and midstream companies
Renewable energy (solar, wind) developers
Electric cooperatives and rural utilities
Typical turnaround for indication of terms: 1 business day.
Manufacturing
Business interruption protection for connected plants
25%
of all ransomware attacks target manufacturing
Common threats we underwrite against
▣ Ransomware halting production
▣ IP theft
▣ ICS exploits
▣ Vendor compromise
Sub-sectors we place
Industrial and heavy equipment manufacturers
Food and beverage processing
Pharmaceutical and medical device manufacturers
Automotive and parts suppliers
Aerospace component manufacturers
Typical turnaround for indication of terms: 1 business day.
Construction
Protection for project files, wires, and jobsite tech
$200K+
average wire-fraud loss in construction
Common threats we underwrite against
▣ Wire-transfer diversion
▣ BEC on project payments
▣ Stolen bid data
▣ Ransomware
Sub-sectors we place
General contractors
Commercial HVAC, electrical, and plumbing subs
Civil and infrastructure contractors
Homebuilders and residential developers
Architecture and engineering (A&E) firms
Typical turnaround for indication of terms: 1 business day.
Defense
CMMC, DFARS, and CUI-compliant risk transfer
CMMC
2.0 compliance required by 2026
Common threats we underwrite against
▣ CUI exfiltration
▣ Nation-state APTs
▣ Supply-chain compromise
▣ Cleared-personnel targeting
Sub-sectors we place
DoD prime contractors
CMMC-regulated subcontractors
Defense software and systems integrators
Aerospace and satellite contractors
Federal IT and cleared staffing firms
Typical turnaround for indication of terms: 1 business day.
The Bloc system
One foundation.
Ten industry-specific builds.
The Bloc mark is built from stackable planes — each one a different angle on the same core structure. That’s how we place coverage: one underwriting discipline, tuned and re-tuned for every industry we serve.
Coverage
A policy you can actually read.
Structured in three clean blocs.
01
First-Party
Your direct losses when an incident hits your business.
✓
Incident response & forensics
✓
Business interruption
✓ Data restoration
✓ Cyber extortion / ransomware
✓ Funds transfer fraud
✓ Reputational harm
02
Third-Party
Your liability to clients, partners, and regulators.
✓
Network security liability
✓
Privacy liability (HIPAA, GDPR, state laws)
✓ Regulatory defense & fines
✓ PCI-DSS fines and assessments
✓ Media liability
✓ Breach notification costs
03
Specialty
Advanced coverages for complex risks and contracts.
✓
Technology E&O
✓
Social engineering fraud
✓ Contingent business interruption
✓ Systems failure
✓ Bricking & hardware replacement
✓ CMMC / regulatory-specific endorsements
Typical limits placed
$1M / $1M starter
$5M / $10M mid-market
$25M+ layered towers
Custom retentions
Common Questions
Cyber Liability Insurance, Explained
What does cyber insurance cover?
Cyber insurance covers the financial losses from a data breach or cyberattack. This includes breach response, legal fees, customer notification, ransomware, business interruption, and regulatory fines, depending on your policy.
Does my business really need cyber insurance?
Yes. Any business that stores customer data, processes payments, or relies on connected systems faces cyber risk. Small and mid-sized companies are frequent targets because they often have fewer defenses.
How much does cyber insurance cost?
Cost depends on your industry, revenue, data volume, and security practices. We market your risk to multiple carriers to find strong coverage at a competitive price. Request a quote for an exact figure.
What is the difference between first-party and third-party cyber coverage?
First-party coverage pays for your own losses, like data recovery and lost income. Third-party coverage pays for claims from others harmed by a breach on your systems.
How fast can I get a quote?
Most clients receive a quote in under 24 hours after we review the details of their business and exposure.
What should I do first after a cyberattack?
Contact us right away. We help you start breach response, connect you with forensic and legal support, and guide your claim so you contain the damage quickly.
Insights
Field notes from the placement desk.
What carriers are asking right now.
Start a quote
Tell us about your business.
We’ll come back with terms.
We’ll review your stack, your contracts, and your exposure — then place the program against the right markets. Most intakes get indicative terms back within one business day.
01
Quick intake
We only ask what the carriers actually need.
02
Benchmark
Side-by-side terms from 10+ specialty cyber carriers.
03
Bind
Plain-language policy review, e-signed and in force.
