NAS Insurance Services and Swett & Crawford have created new cyber liability products for IIABCal members and their clients. Members can now log on to NAS Online to quote and issue cyber liability policies for their clients through the program with Swett & Crawford.
Online cyber from Swett & Crawford and NAS is available to a range of small to medium-sized businesses and can be customized for various limits up to $5 million. The coverage includes all of the core features of NetGuard Plus, including breach response costs outside the limit and coverage for regulatory fines and penalties. premiums starting at $500, it also includes endorsements uniquely available to IIABCal member clients
Michael Palotay, SVP of underwriting at NAS Insurance, provides the cyber product and the online platform for the program. NAS is a full-service specialty insurance underwriting manager that provides product development, underwriting, marketing, risk management and claims handling. NAS insurance products and programs are distributed through brokers and as tailored solutions for mutual insurance carriers.