CyberGuide - Information Security and Cyber Risk Management

Basi Insurance Services

Randy Basi
1491 E G St
Oakdale, CA 95361
209.847.3065
randy@basiinsurance.com


About Basi Insurance Services:

Basi Insurance strives to promote quality in the products and services we provide to our customers. Businesses of all sizes should be aware of current cyber risks and evaluate whether they are adequately covered by a cyber policy. Most businesses depend on technology, networks, computers, mobile phones and the internet. A business network holds financial data customer information, trade secrets, databases, and proprietary software. We can customize a client’s coverage based on their specific risks. We have chosen carriers that provide, not only great insurance coverage and claims handling, but also cyber monitoring and training to identify phishing attempts and more. In addition, we stay informed on current cyber risks and government regulations regarding privacy and security in order to provide our clients with the most up-to-date information and coverage. In business for 32 years, we at Basi pride ourselves on exemplary customer service and long-standing relationships with our clients.

Survey Answers

Target Client Size
0 to $100 million
Does US business in
Midwest, Southwest, West
Does international business in
N/A
Primary Service Offering
Insurance Broker
When did your company start placing standalone cyber insurance policies?
2015
What was your organizations standalone cyber gross written premium this year?
0 - $3M
How many dedicated cyber insurance brokers does your company have handling client cyber risk on a day-to-day basis?
1-5
What percentage of your clients buy cyber insurance?
0 - 10%
Approximately how many standalone cyber claims did your firm’s clients file in the last 12 months?
0-5
Approximately how many cyber claims involving other lines of business did your firm’s clients file in the last 12 months?
0-5
Who are your top 5 trading partners of primary cyber insurance policies?
Lloyds of London, Zurich, Evolve MGA, Brown & Riding, MJ Hull
Who are your top 5 trading partners of excess cyber insurance policies?
Evolve MGA