Cyber Liability
Cyber Liability
Cyber Liability

Cyber Breach Cost Calculator
The average cost of a data breach in the United States has risen to $8.2 million dollars, more than twice the global average. To see what a cyber breach could cost your organization, try our breach cost calculator.
Not If But When
At least one-third of U.S. businesses have been hacked or have experienced some sort of breach of sensitive data such as Protected Health Information (PHI) or Personally Identifiable Information (PII).
You are Exposed
This isn’t simply a random accident. Loss due to an “accident” is a basic tenet or requirement for insurance coverage to be available. We are being attacked, and our enemies are very good at what they do. The reality is, you’re probably more likely to experience a cyberattack than to have your building burn down.
We've Been There
The good news is that the insurance markets have come a long way in their cyber insurance offerings. Coverage is extremely broad. Cost for cyber policies continues to decrease. Insurers are getting experienced at coordinating and paying for breach responses for insureds.
Ask the Experts
With Mike Roman
We have experience with placing cyber coverage and coordinating the insurance response for organizations as large and complex as Fortune 1000 publicly traded companies and as small as a local landscaping firm.
Meet Our Cyber Wizard:
Mike Roman
For more than 15 years, Fortune 1000 publicly traded and privately held companies have trusted Mike with their comprehensive risk management programs and relied on his deep technical expertise in Cyber and Management Liability, including Professional Liability and Director’s & Officer’s (D&O) insurance.
Mike now champions these specialty practices for Alabama’s small-to-midsize businesses for Valent Group, an independent risk consulting firm and division of ESBCO Industries, Inc., one of the largest privately held companies in Alabama with a global footprint. Before joining Valent Group, Mike worked as senior vice president and client advocate at the third largest insurance brokerage in the world, where he spent nearly 14 years.
Mike Roman

For more than 15 years, Fortune 1000 publicly traded and privately held companies have trusted Mike with their comprehensive risk management programs and relied on his deep technical expertise in Cyber and Management Liability, including Professional Liability and Director’s & Officer’s (D&O) insurance.
Mike now champions these specialty practices for Alabama’s small-to-midsize businesses for Valent Group, an independent risk consulting firm and division of ESBCO Industries, Inc., one of the largest privately held companies in Alabama with a global footprint. Before joining Valent Group, Mike worked as senior vice president and client advocate at the third largest insurance brokerage in the world, where he spent nearly 14 years.

Birmingham Business Journal Feature: Insights into Cybersecurity 2019
Our Cyber expert Mike discusses the importance of cyber security.
Cyber Breach: How vulnerable is your company?
The probability your company could be breached is higher than you think. Take our 2-minute cyber risk assessment to see your Risk-O-Meter.
FROM THE BLOG
Cyber Insights
Cyber Risks & Liabilities Newsletter – September 2018
In this article we will address who's to blame if a security breach affects your organization, acronyms every business needs to know and how increase in cyber attacks are affecting 911 call centers. Who’s to Blame if a Security Breach Affects Your Organization?...
GDPR Deadline Hits Tomorrow – Is Your Business Ready?
Most businesses view their customers’ personal data as a digital commodity that can help with marketing, customer retention, analytics and more. However, the European Union’s (EU) upcoming General Data Protection Regulation (GDPR) comes into force tomorrow, May 25,...
Commercial Risk Insights – Approaching GDPR Requirements & Blockchain Technology
What do you need to know about the upcoming GDPR requirements? Could you benefit from using blockchain technology? Below we examine four steps for GDPR compliance and how blockchain technology can help simplify and improve supply chain management. First 4 Steps...
Seven Common Reasons Cyber Insurance Applications are Denied
Cyber liability policies start with a complex application process that can be overwhleming for een the most sophisticated organizations. Companies that go into this process without doing their due diligence can even see their application for coverage denied...
Critical Cyber Exploits Affect Nearly All Computers
Cyber security researchers recently announced the discovery of two major security flaws that could allow hackers to bypass regular security measures and obtain normally inaccessible data. The flaws, referred to as Meltdown and Spectre, are both caused by design flaws...
Cyber Risks and Liabilities News to Prepare for the New Year
In This Issue Troubling Lack of Cyber Concern by CFOs These days, CFOs need to think about the costs of cyber security as well as the costs associated with not having enough of it. Trump Administration Releases Rules on Disclosing Cyber Flaws New rules...