Case Studies
Real-world threats, real solutions: how organizations overcame cybersecurity challenges
The Underserved Cyber Liability Market
How small businesses can access cyber coverage without underwriting or complex security requirements
Cyber Insurance for Microbusinesses
Small businesses with fewer than 10 employees make up over 76% of U.S. employer firms but are often overlooked when it comes to cyber liability coverage. Many microbusinesses operate without basic cybersecurity measures, leaving them exposed to growing cyber threats as criminals target these vulnerable firms.
Strength in Numbers
Easy Living LLC, a small home services company, faced growing digital risks without internal cybersecurity policies or MFA in place. After being denied by multiple insurers, they gained affordable coverage, security tools, and expert support through a Risk Purchasing Group, without needing to become cyber experts.
Wired for Protection
Bright Current Electric, a three-person electrical subcontractor, relied on digital tools but had no formal cybersecurity measures in place. After being declined by multiple insurers, they secured a $250,000 cyber policy through a Risk Purchasing Group—meeting contract requirements and protecting their growing business.
Small Store, Big Target
Willow & Pine Home Goods, a two-person retail shop, faced unexpected cyber risks through their point-of-sale system, online store, and customer data. After being denied coverage by traditional insurers, they secured a $250,000 cyber insurance policy through a Risk Purchasing Group—no underwriting required.
High-Tech, Low Security
BrightFrame Labs, a six-person SaaS startup, had no formal cybersecurity measures and was left uninsured when cyber risks emerged. After being denied by traditional insurers, they secured a $250,000 cyber insurance policy through a Risk Purchasing Group—no underwriting or security overhaul required.
Compliance Meets Affordability
Medical Forefronts, Inc., a small medical practice handling sensitive patient data, lacked cybersecurity policies, MFA, and staff training, leading to multiple denials for cyber insurance. By joining a Risk Purchasing Group, they secured a $250,000 policy, improved security practices, and avoided the high cost of standalone coverage.
Accounting for Risk
Summit CPA Group, a small accounting firm handling sensitive financial data, had no formal cybersecurity program in place, despite using cloud-based platforms. After being declined by insurers for lacking internal controls and MFA, they secured a $250,000 cyber insurance policy through a Risk Purchasing Group, with no underwriting or security requirements to qualify.