Mylo vs TechInsurance Cyber Insurance

Mylo brokers cyber insurance by comparing quotes from multiple carriers rather than underwriting the policy itself. ³Company-reported. Cyber insurance product page.

TechInsurance arranges cyber liability insurance as a standalone policy and describes it as often bundled with technology errors and omissions coverage in a combined tech E&O package. ⁶Company-reported. Cyber liability product page.

The cyber insurance product page does not name the insurer that would issue a given business's policy. ³Not publicly disclosed. Checked the cyber insurance product page on 2026-09-23.

The reviewed cyber liability page does not name the issuing insurer for a cyber policy; TechInsurance says it collects an application and returns quotes from multiple carriers rather than naming one insurer upfront. ⁶Not publicly disclosed. Cyber liability product page as read on 2026-09-23.

Mylo markets cyber insurance to businesses that take credit cards or store customer information, citing its own figure that more than two-thirds of small businesses have experienced a cyberattack. ³Company-reported. Cyber insurance product page; a company-reported statistic, not independently verified.

TechInsurance targets cyber liability at small businesses handling sensitive data, naming IT and technology professionals, retail, healthcare, financial services, real estate, and media and advertising businesses as example segments. ⁶Company-reported. Who needs cyber liability insurance section of the product page.

Mylo says cyber coverage can pay non-legal costs (breach investigation, customer notification, crisis-management and PR help, lost income, ransom reimbursement, and data restoration) as well as legal and regulatory costs, including defense and fines from a regulator such as HIPAA or from lawsuits by people affected by a breach. ³Company-reported. Cyber insurance product page; the issued policy and its exclusions control.

Mylo names hacking and social-engineering attacks (such as spear phishing), employee or partner data errors and misuse, and malware or ransomware as the cyber threats this coverage is designed to address. ³Company-reported. Cyber insurance product page.

Mylo says cyber insurance can often be added to a Business Owner's Policy depending on the carrier, alongside general liability, commercial property and business interruption. ³Company-reported. Cyber insurance product page "Add cyber to your Business Owner's Policy (BOP)" section.

TechInsurance splits cyber liability into first-party coverage (data breach response, cyber extortion payments, business interruption, data recovery) and third-party coverage (legal fees, regulatory fines, reputation management, settlements and court-ordered damages) for claims a client brings against the business. ⁶Company-reported. Cyber liability product page; coverage described in general terms, not a specific policy form.

TechInsurance says cyber liability insurance does not cover professional negligence claims unrelated to a breach, physical damage to electronic devices, or data loss from physical damage to hardware, and points buyers to errors and omissions or a business owner's policy for those gaps. ⁶Company-reported. What isn't covered by cyber liability insurance section of the product page.

The cyber insurance product page does not publish specific coverage limits, retentions or premium ranges. ³Not publicly disclosed. Checked the cyber insurance product page on 2026-09-23.

TechInsurance says its cyber liability policyholders pay a median of $129 per month, or about $1,552 a year, based on its own customer data, with the exact premium depending on employee count, data volume, claims history, deductible and coverage limits. ⁶Company-reported. Cyber liability product page cost section; a company-reported median from TechInsurance's own book of business, not a published rate table.

Not described in the reviewed sources.

The reviewed cyber liability page does not describe ongoing security monitoring or other risk-management services for policyholders; it focuses on coverage, cost and how to buy. ⁶Not found in reviewed sources. Cyber liability product page as read on 2026-09-23.

Not described in the reviewed sources.

You request cyber liability quotes online through a short application describing your business; TechInsurance says a licensed agent is available to help and that a certificate of insurance is typically available the same day you buy a policy. ⁶Company-reported. Cyber liability product page application and certificate sections.