Canadian startup here. Yes; our general liability insurance has cyber provisions in it.
Usually upper management asking is either because a customer needs certain provisions or they want to make sure a certain class of risks are covered. I’d suggest you clarify what they need and then talk to your insurance broker.
Case in point: general liability could cover a breach but might not cover ransomware attacks.
Usually upper management asking is either because a customer needs certain provisions or they want to make sure a certain class of risks are covered. I’d suggest you clarify what they need and then talk to your insurance broker.
Case in point: general liability could cover a breach but might not cover ransomware attacks.