ISO Launches Cyber Insurance Program with Enhanced Rating and Coverage Options

JERSEY CITY, N.J., July 11, 2017 — ISO has launched a cyber insurance program with enhanced rating variables and coverage options designed to help insurers respond to the rapidly changing world of cyber risk. ISO is a Verisk Analytics (Nasdaq:VRSK) business.

The ISO program features advisory loss costs using 17 different rating variables—more than three times the number of variables typically used today—that can help insurers underwrite diverse cyber risks across industries with greater precision. The ISO advisory rating plan—developed using predictive analytics applied to more than 32,000 historical cases—can help insurers refine pricing by incorporating risk factors that are often overlooked, including years in business and revenue per employee, and by providing cyber-specific rating factors for best practices, such as data encryption and employee training.

To help insurers meet the needs of the growing market, the ISO cyber program features new coverage solutions for small- and midsize businesses—often the most vulnerable to cyber attacks—as well as coverages for large commercial enterprises, government and nonprofit organizations, and financial services and media companies. The ISO solutions are flexible, enabling insurers to tailor coverages, limits, waiting periods, and deductibles to their individual insureds.

“Many insurers are unequipped to deal with the increasing frequency, complexity, and severity of cyber claims. They don’t have the rating information and policy language needed to serve the diverse cyber insurance market,” said Maroun Mourad, president of ISO Commercial Lines. “Our cyber insurance program features advisory loss costs and a comprehensive set of rating variables to enable unprecedented levels of detail in primary and excess pricing. Our flexible coverage solutions are aimed to help insurers protect businesses from the rapidly changing world of cyber risk in a timely, insightful, and operationally efficient manner.”

To learn more about the new cyber program, visit the ISO Cyber Risk Solutions website at or e-mail

About ISO
Since 1971, ISO has been a leading source of information about property/casualty insurance risk. For a broad spectrum of commercial and personal lines of insurance, ISO provides statistical, actuarial, underwriting, and claims information and analytics; compliance and fraud identification tools; policy language; information about specific locations; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. ISO is a Verisk Analytics (Nasdaq:VRSK) business. For more information, please visit

Giuseppe Barone/Erin Bzymek

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