CyberGuide - Information Security and Cyber Risk Management
Philadelphia Insurance Companies

Evan Fenaroli
1 Bala Plaza, Suite 100
Bala Cynwyd, PA 19004
[email protected]

About Philadelphia Insurance Companies:

PHLY designs, markets and underwrites a variety of Property/Casualty and specialty insurance products, including Cyber Security Liability. With a broad appetite across the Non-Profit, Healthcare, Retail, and Professional Services sectors (among many others), our underwriters work to deliver customized solutions to address all angles of our clients’ cyber risk. PHLY’s stand-alone Cyber Security Liability product is available on both an admitted or non-admitted basis (both rated A++ by A.M. Best Company and A+ by Standard & Poor’s). Cyber coverage can also be endorsed to existing PHLY policies or written on an excess basis. Other offerings— including Property, GL, D&O, EPLI, E&O and Crime — allow PHLY to offer complete risk transfer solutions to many of our policyholders. PHLY is a member of the Tokio Marine Group, Japan’s oldest and leading Property/Casualty insurer and one of the 10 largest insurance groups in the world.

Survey Answers

Target Client Size
up to $250M
Does US business in
Northeast, Southeast, Midwest, Southwest, West
Does international business in
Primary Service Offering
Insurance Carrier
When did your company start writing standalone cyber insurance policies?
What are your company’s cyber insurance direct written premiums?
$25M to $50M
What percentage of your cyber insurance direct written premiums come from standalone policies and endorsements?
Standalone 91 - 100% | Endorsement 0 - 10%
What percentage of your cyber book of business is primary and excess?
Primary 91 - 100% | Excess 0 - 10%
How many dedicated cyber insurance underwriters of standalone does your company have?
more than 25
How many cyber-related claims did your company handle last year?
more than 200
What percentage of your cyber-related claims were covered by standalone cyber policies and other lines business?
Standalone 81 - 90% | Other Lines 11 - 20%