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Cyber Insurance
Canopy's exclusive cyber insurance program - Killara Cyber - is an innovative offering in partnership
with an A.M. Best Rated "A" XV U.S. carrier partner. ​
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Our unique automated underwriting platform delivers a bindable quote within seconds through a scan of the applicant's URL/website address - no application or warranty is needed. Our offering includes proactive & continuous threat monitoring - by detecting and alerting the insured to potential cyber attacks, helping to prevent costly outages and disruptions before they occur.
Overview
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Carrier A.M. Best Rating: "A" XV.
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Program Offered: In all 50 states on a non-admitted basis.
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Coverages: Cyber.
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Revenue per Firm: Up to $50,000,000.
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Limits of Liability: Up to $3M per Claim/In the Aggregate.​​​
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Minimum Retention: $1,500.
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Minimum Premium: $650.
Submission Requirements
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Applicant’s URL/website address is required for network security scan.
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No application or warranty required.
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Minimal underwriting information:
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Organization Type
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Address
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Industry
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Revenue
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Number of Employees
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Our broad appetite spans across thousands of classes and industries.
Why Killara Cyber?
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Innovative & simplified cyber all-risks coverage.
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Proprietary automated rate/quote/bind (RQB) platform.
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Streamlined underwriting process - quote & bind in 90 seconds.​
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Customized security report provided at time of binding.
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750+ global partners contributing to continuous, real-time predictive threat monitoring.
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Early detection and prevention provides proactive pre-attack and pre-loss mitigation for Insureds.
Excluded Classes
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Adult content-related companies
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Cannabis
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Crypto currencies and/or exchanges
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Encryption providers, domain name registrar
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Gambling and Casinos, including Gambling Sites
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Gaming companies
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Mortgage REITs
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Payment Processors
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Public Authorities
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Schools and Universities
Cyber Application
Team
Rick Welsh
Director of Cyber Underwriting