Unlock the Advantages of a Strong Partnership!
We are excited to share a recent success story highlighting how we supported one of our partner’s clients. By combining our expertise and resources, we effectively addressed their cybersecurity challenges, demonstrating the strength and value of our partnership.
The Challenge:
A dental practice, previously quoted by other brokers, approached their Managed Service Provider (MSP) for guidance on cyber insurance. Their existing quotes had gaps in coverage, leaving them vulnerable to potential cyber threats. The practice needed comprehensive options that provided adequate protection.
Our Solution:
We quickly moved to market, leveraging our strong relationships with multiple insurers to provide a range of quotes tailored to the client’s needs. By working closely with the MSP, we were able to verify the practice’s tech stack and existing cybersecurity controls. This enabled us to secure the most cost-effective coverage without sacrificing essential protections.
What Sets Us Apart:
🔑 Effortless Experience: We streamline the process by partnering with MSPs who already insights into the client’s cybersecurity measures have, ensuring accurate quotes with minimal back-and-forth.
💡 Tailored Options: We present only the best options based on price and policy language, so the client’s decision-making is focused on value, not red tape.
🚀 Fast & Efficient: Our unique approach simplifies the often tedious application process, thanks to our strategic partnerships, allowing clients to focus on their business while we handle the heavy lifting.
Common Cyber Insurance Issues for Dental Practices:
Many dental practices participate in group insurance programs offered through professional organizations. While these programs may offer convenience, they often fall short when it comes to cyber insurance. Common issues include:
- Low Policy Limits: Group policies typically offer lower coverage limits that may not be sufficient to cover major cyber incidents.
- Missing Coverage Sections: These policies often exclude key coverage sections such as first-party response costs (for ransomware, data breaches) and third-party liabilities (claims from affected patients or partners).
Our mission is to close these gaps by providing dental practices with comprehensive cyber insurance that addresses both first-party risks (data breaches, ransomware, recovery costs) and third-party exposures (lawsuits, regulatory fines). This ensures that our clients are fully protected from all angles.
