| Help Customers Weather a Cloud Outage |
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Not typically available on a business owner's policy (BOP), The Hartford's new Business Income Extension for Cloud Service Interruption endorsement:
- helps replace lost business income if business operations are suspended due to an unannounced and unplanned interruption in cloud service, regardless of the reason for the interruption
- requires only a 12-hour waiting period
- provides a $25,000 limit
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| This Coverage is Important; Here's Why
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Small businesses are using cloud services more often than ever. In fact, it's expected that 78% of small businesses (ie: those with fewer than 50 employees) will fully adapt to the cloud by 2020 – up from 37% in 2014.¹ And in a recent study of business cloud users:
- 48% said their organization has experienced an interruption in cloud services²
- 56% of those businesses reported that at least one of these interruptions prevented their organization from functioning²
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| So while your customers may be drawn to potentially lower data management costs and improved efficiency offered by the cloud, they're likely not thinking about the risks – like an outage and the possible impact on their income. This presents an ideal opportunity for you to deliver a differentiating solution that addresses an emerging risk.
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| Quote our Business Income Extension for Cloud Service Interruption coverage today. And use our new Cloud Service Interruption flyer to help you sell this valuable coverage.
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| ¹ Small Business Success in the Cloud Report, Intuit and Emergent Research |
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| ² Ponemon Institute Survey conducted for The Hartford Steam Boiler Inspection & Insurance Company |
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Certain coverages vary by state and may not be available to all businesses. All Hartford coverages and services described on this page may be offered by one or more of the property and casualty insurance company subsidiaries of The Hartford Financial Services Group, Inc. This insurance is underwritten by the same companies that issue Hartford's Business Owner's Policies: Hartford Fire Insurance Company and its property and casualty affiliates. In TX, policies are written by Sentinel Insurance Company, Ltd., Hartford Casualty Insurance Company, Hartford Lloyd's Insurance Company, Hartford Underwriters Insurance Company, Twin City Fire Insurance Company, Hartford Accident and Indemnity Company and Hartford Fire Insurance Company. In CA by Sentinel Insurance Company, Ltd. (CA license #8701) and its property and casualty insurance company affiliates, One Hartford Plaza, Hartford, CT 06155. In WA, by Hartford Fire Insurance Company, Hartford Casualty Insurance Company, Hartford Accident & Indemnity Company, Hartford Underwriters Insurance Company, Twin City Fire Insurance Company, Sentinel Insurance Company, Ltd. and Hartford Insurance Company of the Midwest.
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| © Copyright 2016. The Hartford Financial Services Group, Inc. All Rights Reserved. |
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| This email message may constitute a commercial electronic mail message under the CAN‑SPAM Act of 2003. |
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