Abaxio Partners with A+ Rated Insurance Carrier

Abaxio has partnered with AIG® , the largest A+ rated insurance carrier in the world.

All Abaxio clients are eligible for baseline $50,000 guarantee in the case of a cyber breach.  The guarantee is backed by AIG®,
Please contact our sales office for more information.

FYI, In the event of a cyber breach, the $50K guarantee covers the following categories:

  • Forensic Audit Expenses: Covers security assessment, to determine cause and extent of event
  • Data Restoration Expenses: Covers restoration, recreation or recollection of electronic data
  • Compliance Penalties: Covers civil fines, penalties imposed by gov’t / agency, such as HIPAA, PCI, DSS,etc.
  • Post-event Expenses: Covers event/breach communication such as letters, legal consultation, printing, mailing expenses
  • Identity Theft Call Center Assistance: Covers call center set up for the affected parties
  • Identity Restoration Services: Covers expenses to restore credit
  • Identity Monitoring Services: Covers fraud monitoring of a victim’s credit and identity
  • Victim Cost Reimbursement: Covers out of pocket expenses to restore their identity

Additionally:

Inclusion into this program allows clients to “buy-up” (add additional coverage) to more regular limits of $3-4 M or more at a substantial discount, exclusively through Benchmark Cyber Partners, an Illinois registered Insurance producer.

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