This offering is unique to the needs of accountants, bookkeepers, and tax preparers, built to handle specific risks around professional liability, cyber liability, and key business owners’ insurance coverages.
“Cyber risks continue to be a leading concern for business owners in an increasingly digital world fueled by emerging technologies such as AI,” said David Derigiotis, Chief Insurance Officer at Embroker. “Many financial professionals work virtually, no matter the discipline. This creates an easier pathway to years’ worth of clientele’s personal and financial data. Cyber insurance has never been more pivotal for financial professionals — 41% of accountants have experienced a cyber attack, and 78% have received an attempted attack through a phishing email or phone call. Our Financial Services Program provides a clear solution to better protect these professionals and, in turn, their clients.”