Great American Insurance Group Launches Streamlined, Admitted Cyber Product for Small and Medium-Sized Businesses

2019 OCT 28 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Great American Insurance Group is pleased to announce its new admitted cyber risk insurance product, the Risk e-Business Cyber Loss & Liability Insurance PolicySM. With two insuring agreements and only 13 exclusions, it’s cyber coverage made simple.

According to Betty Shepherd, Divisional Senior Vice President of Great American Cyber Risk, the product is easy for agents to explain, and easy for insureds to understand. “Traditional cyber products can get complicated quickly,” Shepherd noted. “Great American’s cyber product is designed for small and medium-sized businesses, and we’ve worked hard to keep it simple.”

With limits up to $5 million available to companies with up to $250 million in annual revenue, Great American’s Risk e-Business Cyber Loss & Liability Insurance PolicySM is available to a broad range of targeted classes. Additionally, Great American’s Risk e-Business policy includes incident consultation coverage. Help is just a click or call away, 24/7/365.

To learn more about Great American’s cyber risk insurance solutions, visit http://GAIG.com/Cyber. About Great American Insurance Group Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses, and in the sale of traditional fixed, fixed-indexed and variable-indexed annuities in the retail, financial institutions, broker-dealer, registered investment advisor and education markets. Great American Insurance Company has received an “A” (Excellent) or higher rating from the A.M. Best Company for more than 100 years (most recent rating evaluation of “A+” (Superior) affirmed September 11, 2019). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG.

Coverage is summarized. Refer to the actual policy for a full description of applicable terms, conditions, limits and exclusions. Policies are underwritten by Great American Spirit Insurance Company, an authorized insurer in all 50 states and the D.C. Great American Insurance Company, 301 E. Fourth St., Cincinnati, OH 45202. View source version on businesswire.com: https://www.businesswire.com/news/home/20191015006030/en/

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