in partnership with
For clients of Versa Technologies
Stronger security. Lower risk. Better cyber coverage for less!
Versa protects your business from cyber attacks. The Mid-State Group makes sure cyber insurers see that protection, so your coverage is priced on the risk you actually carry.
Quotes are requested through the Versa client marketplace. No obligation.
- Multi-factor authenticationon email, remote access and admin accounts✓Yes
- Endpoint detection and responseon every workstation and server✓Yes
- Backupskept offline or immutable, and tested✓Yes
- Patchingcritical updates applied on a schedule✓Yes
- Email filteringto screen phishing and malicious attachments✓Yes
- Employee security trainingwith regular phishing tests✓Yes
- Incident response planwritten down and practiced✓Yes
Why this matters
Cyber insurers price what they can see
A cyber insurer cannot visit your office. It judges your business by the security controls you can document. When Versa manages your security and you follow its advice, you have more of the right answers, and Mid-State knows how to present them.
Lower risk of a cyber attack
Versa's expertise and security stack are built to stop the most common attacks and to limit the damage when something gets through.
Pricing that reflects your security
Businesses with strong, documented controls are generally viewed more favorably by cyber insurers. That makes lower premiums likely, and often broader coverage terms too.
Fewer surprises on the application
Cyber applications ask detailed technical questions. With Versa managing your security, the answers are accurate and ready.
One team that speaks both languages
Mid-State insures managed service providers and understands the technology. Versa understands your systems. You do not have to translate between them.
How it works
Four steps from better security to better coverage
Follow Versa's security guidance
Versa recommends and manages the security tools and practices that fit your business. The more of that guidance you put in place, the lower your exposure to an attack.
Mid-State presents your security to insurers
Cyber insurers price on the controls they can see. Mid-State knows what Versa has put in place for you and makes sure underwriters see it, so you are rated on your real risk.
Compare your options online
Use the Versa client quoting site to request cyber liability quotes. A Mid-State advisor is available to walk you through the coverage differences.
Keep improving as you grow
As your business changes, Versa adjusts your security and Mid-State adjusts your coverage, so the two stay in step.
The coverage
What cyber liability insurance can pay for
Good security lowers the odds of an attack. Insurance is for the day one succeeds anyway. A cyber liability policy can include:
Incident response
Forensic investigators, legal counsel and breach notification costs.
Ransomware and extortion
Negotiation, payment where lawful, and recovery expenses.
Business interruption
Lost income while your systems are down.
Data restoration
The cost to recover or recreate lost data.
Liability claims
Claims from customers or partners whose information was exposed.
Regulatory matters
Defense costs, and fines or penalties where insurable.
Coverage, limits and exclusions differ from one policy to the next. Your Mid-State advisor will explain what each quote includes.
Beyond cyber
Mid-State GPS: risk management that grows with you
Cyber is where most Versa clients start. Mid-State GPS is Mid-State's exclusive process, with specialists in six areas who help you manage risk across the whole business as it grows.
Plain talk
What we can and cannot promise
- No security program can guarantee that an attack will never happen. Versa's work reduces your risk. It does not eliminate it.
- Nothing on this page is a warranty or guarantee of security, coverage or price.
- Insurers set premiums and decide whether to offer coverage, based on their own underwriting. Following Versa's security advice makes more competitive pricing very likely, but the result depends on your business, your claims history and the insurance market.
- The benefit depends on you. Controls that are recommended but not put in place do not lower your risk or your premium.
See what your security is worth to an insurer
Request cyber liability quotes through the Versa client marketplace. It takes a few minutes.
https://mycoveragepartner.com/marketplace/VesaTechnologiesThe Mid-State Group | 2525 Rivermont Ave., Lynchburg, Virginia | Insurance and risk advisory partner to Versa Technologies | About Mid-State
This page is for general information only. It is not a warranty, a guarantee of security, or an offer or binder of insurance. Coverage is subject to the terms, conditions and exclusions of the policy issued and to underwriting approval by the insurer. Premium savings are not guaranteed. Versa Technologies provides technology and security services and does not sell or advise on insurance; insurance is offered through The Mid-State Group.