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Leverage the buyer-friendly cyber market before it's too late.
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Did you know cyber premium rates declined by 17% in Q3 of 2023?
It's the ideal time for life science companies to tailor their cyber and E&O coverages to suit their organization's risk needs.
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Aon, BIO's preferred cyber & executive liability broker, recommends that life science executives identify the right insurer that understands the industry risks and is willing to customize policy wording to address exposures and incident response strategies.
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Tailor your policy to address your unique exposures in six steps.
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In a recent Insights article, Aon shares tips for increasing the chance for positive negotiations.
- Start early.
- Find the right team.
- Include experienced external partners.
- Measure against business and industry cyber exposures.
- Analyze policy exclusions.
- Manage other policy terms, including business interruption.
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Member Savings on Executive Liability & Cyber Insurances
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Access competitive pricing on an expansive coverage of offerings designed to enhance your company's risk management system.
Offerings include D&O, Fiduciary, Crime, Employment Practices, and Cyber insurance programs.
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Forward to your company's legal, executive, and/or finance decision-makers.
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