Your business runs on data. A breach can stop it cold.
Cyber risk is no longer an IT problem — it’s a balance sheet problem. Ransomware, business email compromise, social engineering wire fraud, and regulatory enforcement actions can produce six- and seven-figure losses for businesses of any size, in any industry. The threat is no longer aimed only at large enterprises.
Most cyber programs aren’t underinsured because the buyer skipped coverage. They’re underinsured because the policy was written around an outdated questionnaire, with sublimits and exclusions that don’t surface until a claim is partially denied. Coinsurance penalties on ransomware payments, sublimited social engineering coverage, missing dependent business interruption, no coverage for regulatory fines — these gaps are common, and they show up only after the wire has already cleared.
At Avanti Group, we run a Business Risk Diagnostic™ before we build any cyber submission. We map your actual data exposure — your systems, your vendors, your payment flows, and your regulatory environment — and make sure your policy is structured for the threats you actually face.
Who We Work With
We place cyber programs for businesses across Iowa and the Midwest, including:
- Professional services firms (legal, accounting, financial, consulting)
- Healthcare facilities and medical practices
- Manufacturers and distributors
- Retailers and e-commerce operations
- Technology and SaaS companies
- Construction and contracting businesses
- Financial institutions and credit unions
- Nonprofits and associations
- Hospitality and habitational accounts
The Coverage Lines That Matter Most
A complete cyber program has both first-party (your own losses) and third-party (claims against you) components. The lines we evaluate and place include:
- Network Security & Privacy Liability — third-party claims from a breach, including PII or PHI exposure, customer notification obligations, and credit monitoring
- Ransomware & Cyber Extortion — ransom payments, negotiation expense, decryption costs, and forensic recovery
- Business Interruption & Dependent Business Interruption — lost revenue from a cyber event affecting your systems or a critical vendor’s
- Social Engineering & Funds Transfer Fraud — wire fraud, invoice manipulation, and impersonation losses (frequently sublimited or excluded)
- Regulatory Defense & Penalties — HIPAA, GDPR, CCPA, state breach notification, and FTC enforcement defense
- Media Liability — defamation, copyright, and trademark claims arising from your digital content
- PCI Fines & Assessments — payment card industry penalties after a card data breach
- Hardware Bricking & System Restoration — replacement and rebuild costs for compromised infrastructure
The Risks Most Cyber Programs Miss
Social engineering is the most common loss and the most commonly sublimited coverage. Wire fraud and invoice manipulation losses regularly exceed $100,000, but many policies cap social engineering at $50,000 or $100,000 — or exclude it entirely. We make sure the limit reflects actual exposure.
Ransomware sublimits are routinely too low. As ransom demands have climbed, many policies still cap ransomware at a fraction of the overall limit, and a coinsurance clause shifts a percentage of the loss back to the insured. The policy needs to be reviewed line by line.
Dependent business interruption is frequently missing. If your cloud provider, payment processor, or critical SaaS vendor goes down, your operation stops — but standard cyber policies often cover only your own systems. Without dependent BI, that loss is uncovered.
Regulatory exposure is underestimated for non-healthcare businesses. Most operators assume HIPAA is the only regulatory framework that matters. State breach notification laws, CCPA, and FTC enforcement reach far beyond healthcare — and the defense and penalty costs add up quickly.
How to Get Started
Cyber insurance isn’t a commodity product. The right program depends on your data, your systems, your vendor stack, and your regulatory environment. We need to understand your business before we can build the right program for it.
Call our office or use the button below to start a conversation. We’ll review your current program, identify any gaps, and let you know exactly where you stand before we ever go to market.