PROGRAM 01
Cyber Liability
Coverage Ability
Certain class codes may require higher deductibles or lower maximum limits.
Target Markets
Prograde Specialty's cyber program is designed for businesses with manageable cyber exposure and adequate risk management controls in place.
Ideal Accounts
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Small-to-medium enterprises (SMEs)
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Gross revenue up to $100,000,000
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Email-reliant or digitally active operations
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No cyber losses in prior 3 years (referral option available)
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Adequate cyber risk management in place
Eligible Classes
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11 Agriculture & Forestry
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23 Construction
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31–33 Manufacturing *
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42 Wholesale Trade
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44–45 Retail Trade
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52* Finance & Insurance
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54 Professional & Technical Services
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62* Healthcare & Social Assistance
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72* Accommodation & Food Services
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* Subcode restrictions apply — see guidelines.
Ineligible Classes
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22 Utilities
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4811/12 Air Transportation
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5182 Data Processing/Hosting
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5222 Non-depository Credit
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522320 Financial Transactions
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523120–523160 Securities/Commodity
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561440/50 Collections/Credit Bureaus
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611310 Colleges & Universities
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721120 Casino Hotels
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813940 Political Organizations
Key Underwriting Controls
Multi-Factor Authentication​
MFA is the leading cause of ransomware and data breach claims when absent. Accounts protected by MFA are over 99% less likely to be compromised.
Verification Procedures
Robust wire transfer verification procedures are a key essential in an organization's controls against social engineering and fraud.
Security Patching
Timely security patching reflects an organization's commitment to reducing its exploitable attack surface by addressing known vulnerabilities before they can be weaponized.
Data Backups
Regular, tested data backups are a foundational element for an organization, ensuring critical systems and information can be restored after a disruptive event.
Coverage Snapshot
BASE POLICY
Included with every policy
✔ Security & Privacy Liability
✔ Breach Response Expenses
✔ Regulatory Defense & Penalties
✔ Cyber Extortion & Ransom
✔ PCI Fines & Penalties
✔ Business Income & Extra Expense
✔ Funds Transfer Liability
✔ Reputational Harm
OPTIONAL ENDORSEMENT
Available add-ons
⬩Funds Transfer Fraud & Social Engineering*
⬩Invoice Manipulation*
⬩Hardware Replacement & ⬩Bricking
⬩Post-Breach Remediation
⬩Contingent BI – Security Failure
⬩Contingent BI – System Failure (IT)
OPTIONAL ENDORSEMENT
Available add-ons
⬩Service Fraud and Cryptojacking
⬩Technology E&O
⬩Third-Party Platform Suspension
⬩Telecommunications Fraud
⬩Extended Reporting Period (up to 3 years)
⬩Waiver of Subrogation
⬩Blanket AI Coverage
PROGRAM 02
Management Liability
Coverage Lines
Directors & Officers
Covers wrongful acts, breach of fiduciary duty, and misrepresentation by directors and officers.
Employed Lawyers
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Employment Practices
Covers discrimination, harassment, wrongful termination, and failure to promote claims.
Misc. Professional
Add-on for professional services exposure not addressed by primary lines.
Fiduciary Liability
Protects plan sponsors and trustees from ERISA breach claims in benefit plan administration.
Target Markets
Prograde Management Liability is designed for private for-profit companies.
Ideal Accounts
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Private companies (all industries)
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HOAs and community organizations
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Early-stage ventures and family offices
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Mono-line or packaged coverage needs
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Clean or manageable claims history
Preferred Risk Profile
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Established board governance in place
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HR policies & employee handbook documented
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ERISA plans with trustee procedures
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No pending D&O or EPL litigation
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Audited or reviewed financials available
Key Underwriting Considerations
Governance Structure
Board composition, independence, and documentation of governance practices are primary signals for D&O risk quality and limit adequacy.
HR Policies & Training
Documented anti-harassment and anti-discrimination policies with annual training reduce EPL frequency and severity.