Cyber & Network Risk Insurance (Sompo Premier Professional)
Cyber & Network Risk Insurance (Sompo Premier Professional) is a cyber insurance product underwritten by Sompo International (Endurance American Insurance Company) (Sompo Holdings, Inc. (Japan)), available in USA. It is aimed at mid-market companies, large enterprises and multinational groups. Coverage limits reach up to Up to $25M+; bespoke above.. Policyholders get 8 bundled proactive services — Vulnerability scanning, Phishing simulation, Risk assessment and Incident response, among others — designed to reduce breach risk before a claim ever happens. The carrier holds an AM Best rating of A+ (Superior) – AM Best. It is distributed through insurance brokers.
Product Details§ 01
Advantages & Limitations§ 02
Advantages
- Mitigate–Protect–Respond framework throughout account lifecycle.
- Pre-underwriting assessment tools.
- Coordinated breach response services: legal, regulatory, crisis management, financial.
- First- and third-party liability coverage on single flexible policy form (Sompo Premier Professional).
- Privacy breach costs paid upfront on behalf of insured.
- Optional Breach Assist endorsement (dollar or per-person basis, outside aggregate limit).
- Cyber Side A: extends to non-indemnifiable D&O cyber lawsuits.
- PCI fines and penalties coverage.
- Global multinational platform: 160 countries via Sompo network and third-party partners.
- $110B+ total assets (Sompo Holdings).
- Digital Labs in Tokyo, Silicon Valley, Israel focused on cybersecurity innovation.
Limitations
- Focused on mid-to-large businesses.
Contact & Response§ 03
Frequently asked questions§ 04
+Who is Cyber & Network Risk Insurance (Sompo Premier Professional) designed for?
Cyber & Network Risk Insurance (Sompo Premier Professional) by Sompo International (Endurance American Insurance Company) targets mid-market companies, large enterprises and multinational groups in USA. Geographic scope: Global..
+What proactive security services are included with Cyber & Network Risk Insurance (Sompo Premier Professional)?
The policy bundles 8 proactive services: Vulnerability scanning, Phishing simulation, Risk assessment, Incident response, Risk platform / portal, Pre-breach advisory, Crisis management and Crisis simulation. These preventive services are typically included in the premium.
+Does Cyber & Network Risk Insurance (Sompo Premier Professional) help with NIS2 or DORA compliance?
Sompo International (Endurance American Insurance Company) indicates the following NIS2/DORA support for this product: Not applicable..
+How can I buy Cyber & Network Risk Insurance (Sompo Premier Professional) in USA?
Cyber & Network Risk Insurance (Sompo Premier Professional) is sold through insurance brokers — broker contact: https://www.sompo-intl.com/insurance/cyber-network-risk/. Compare it with alternatives in USA on Ryskly before approaching a broker.