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May 30, 2014

NAS Insurance and Swett & Crawford Provide IIABCal Members New Online Cyber Liability Program

NAS Insurance Services and Swett & Crawford today announced the availability of unique cyber liability products for IIABCal members and their clients. Members can now log on to NAS Online to quote and issue cyber liability policies for their clients through a unique program with Swett & Crawford.

“Every business has a cyber liability exposure and IIABCal members now have access to a product that meets their clients’ needs,” said Clark Payan, President of the Independent Insurance Producer Service Corporation, the for-profit subsidy of IIABCal. “Together, Swett & Crawford and NAS offer a comprehensive program that provides a great cyber product and the simplest online solution on the market.”

Online cyber from Swett & Crawford and NAS is available to a broad range of small to medium-sized businesses and can be customized for various limits up to $5 Million.  While the online form is simple, the coverage includes all of the core features of NetGuardTM Plus, including breach response costs outside the limit and coverage for regulatory fines and penalties.

“We are excited to be able to offer this unique cyber program to IIABCal members,” remarks Ann McCarthy, Program Manager at Swett & Crawford.  “It’s not only a robust product with premiums starting at $500, it also includes endorsements uniquely available to IIABCal member clients.”

Registration for online access is available via NAS Online.

Michael Palotay, SVP of Underwriting at NAS Insurance, provides the cyber product and the online platform for the program. “We are proud to be of service to IIABCal and its membership. We want to help agents convert their clients’ cyber interest into cyber sales, and Swett & Crawford provides the knowledge and know-how to get it done. NAS Online provides the tools to get it done, simply.”

NAS is a full-service specialty insurance underwriting manager that provides product development, underwriting, marketing, risk management and claims handling. NAS insurance products and programs are distributed through brokers and as tailored solutions for mutual insurance carriers.