NEW YORK January 3, 2024—Insurance technology company Joyn Insurance announced today that cyber coverage is now available as an enhancement to its Property Form. The coverage is a comprehensive insurance solution designed to help businesses respond to a full range of cyber incidents including threats of unauthorized intrusion into or interference with computer systems, damage to data and systems from a computer attack and cyber-related litigation.
“We are thrilled to enhance Joyn’s offering to our brokers, partners, and customers,” said Joyn CUO Adam Berger. “Businesses today have a great deal of data on their clients, partners, and employees so it’s important that they take steps to ensure the safety of that information. That’s why we are excited to now offer cyber as an added coverage option to our property product.”
Every company that maintains data on their clients and employees have a responsibility to safeguard the data. However, businesses are vulnerable to data breaches, cyber attacks by computer thieves, and inadvertent releases of information.
All businesses should consider this coverage because typical Commercial Property policies do not cover data breaches and cyber-attacks; the majority of attacks are against small and mid-sized companies that lack the legal and public relations resources to respond to a breach; every state has laws requiring business owners to notify affected individuals of stolen or lost data; a cyber incident can have a devastating impact on a business reputation and credibility; businesses may suffer severe financial burdens and loss of income due to cyber attacks; and all businesses are targets, not just big businesses.
Joyn was launched to remove the pain points and operational inefficiencies that commercial insurance brokers and underwriters experience all too frequently. Joyn achieves this by seamlessly integrating insurance and technology expertise to create a better way of providing insurance for brokers and customers. By building a technology ecosystem from the ground up, Joyn’s customers and clients enjoy a faster, more accurate, and more transparent user experience that saves time while reducing costs and frustration.
For more information, or to learn more, visit https://www.joyninsurance.com/.
About Joyn
Joyn Insurance Services Inc. is a Delaware-domiciled, licensed producer and general agent that operates under its “Joyn”TM and “Joyn Insurance”® brands. Joyn is a digital agency that underwrites commercial insurance in the small and middle markets. Joyn is powered by technology, data and expertise to deliver a transparent, trusted, and truly one-of-a-kind insurance experience to our valued brokers and customers.
