CyberGuide - Information Security and Cyber Risk Management

Travelers

Tim Francis
One Tower Square
Hartford, CT 06183
860.277.0473
tfrancis@travelers.com


About Travelers:

The Travelers Companies, Inc. is a leading provider of property casualty insurance for auto, home and business, including a suite of cyber products covering a broad range of industries. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees worldwide and supports its global customers with financial stability and market-leading insurance expertise, experience and service.

Travelers has provided cyber-related insurance coverage with robust risk management services for more than 30 years and understands the importance of helping organizations with pre-breach services from leading cybersecurity companies, to working through an incident and recovering after a breach. As technology becomes more sophisticated, so do the threats we face – which is why every business and organization needs to be prepared with both cyber liability insurance and an effective cyber security plan to manage and mitigate cyber risk. At Travelers, we know the complexity of cyber threats and have solutions to help protect your business assets.

No matter the size or focus of a business, Travelers can customize cyber coverage to address many cyber exposures. Through Travelers cyber product offerings our policyholders receive the full spectrum of cyber protection … Before, During and After.

To learn more, please visit www.travelers.com/cyber.

Survey Answers

Target Client Size
all company sizes
Does US business in
Northeast, Southeast, Midwest, Southwest, West
Does international business in
Canada, South America, United Kingdom
Primary Service Offering
Insurance Carrier
When did your company start writing standalone cyber insurance policies?
Prior to 2000
What are your company’s cyber insurance direct written premiums?
$100M to $200M
What percentage of your cyber insurance direct written premiums come from standalone policies and endorsements?
Standalone 11 - 20% | Endorsement 81 - 90%
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?
6-10
How many cyber-related claims did your company handle in 2019?
more than 100
What percentage of your cyber-related claims were covered by standalone cyber policies and other lines business?
Standalone 0 - 10% | Other Lines 91 - 100%