Mylo vs Travelers: How Do They Compare for Cyber Insurance?

Mylo compares carriers for businesses that take cards or store customer information; Travelers underwrites CyberRisk Tech for technology and life-sciences companies through independent agents.

Travelers writes CyberRisk Tech so technology and life-sciences firms can combine cyber and technology E&O and get monitoring in the policy. Mylo compares quotes for businesses that take cards or store customer data and does not underwrite a named form. ^2,¹

What Are the Key Differences Between Mylo and Travelers Cyber Insurance?

A Named Tech Policy Versus Small-Business Quote Shopping

Travelers underwrites CyberRisk Tech for technology and life-sciences companies and lets a buyer pick cyber protection, technology E&O, or both in the same policy. Mylo brokers cyber for businesses that take credit cards or store customer information by comparing quotes, without a named combined form. Choose Travelers if you fit those industries and want one insurer's combined policy; choose Mylo if you want to shop small-business carriers, including as a BOP add-on. ² ¹

Dashboard Services Versus No Monitoring Bundle

Travelers includes Cyber Risk Services at no extra charge for cyber-coverage policyholders: a 24/7 dashboard, continuous threat monitoring, and post-breach support with a claim specialist and an outside breach coach. Mylo's page does not describe monitoring, a dashboard or a breach coach. ² ¹

How You Buy

CyberRisk Tech is bought through a Travelers independent agent or Travelers representative. Mylo describes online shopping where a small-business owner compares carrier options, and it says cyber can often be added to a BOP. ² ¹

What Should You Confirm in Mylo and Travelers Cyber Insurance Quotes?

Ask Travelers whether you fit its technology and life-sciences appetite. ²
Ask Mylo which carriers it compared. ¹
Get limits from both; neither page publishes a schedule. ² ¹

Mylo vs Travelers Cyber Insurance Compared

Mylo vs Travelers: Cyber Insurance: documented features by provider

Criteria	Mylo Cyber Insurance	Travelers CyberRisk Tech
Who It’s For	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. ¹Company-reported. Cyber insurance product page; a company-reported statistic, not independently verified.	Travelers targets CyberRisk Tech at technology and life-sciences companies, citing their reliance on digital systems and sensitive data, including intellectual property and patient or clinical information. ²Company-reported. Product page introduction.
Coverage Features	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. ¹Company-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. ¹Company-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. ¹Company-reported. Cyber insurance product page "Add cyber to your Business Owner's Policy (BOP)" section.	Travelers says CyberRisk Tech includes technology errors and omissions, privacy and security, media and regulatory proceedings liability insuring agreements, plus breach response, cybercrime and business loss (first-party) coverages such as forensic investigations, public relations costs, business interruption loss and cyber extortion costs. ²Company-reported. Product page "How does CyberRisk tech coverage mitigate cyber risk?" and "What does cyber insurance coverage for technology companies include?" sections; exact terms and exclusions are set by the issued policy.
Role in This Line	Mylo brokers cyber insurance by comparing quotes from multiple carriers rather than underwriting the policy itself. ¹Company-reported. Cyber insurance product page.	Travelers underwrites CyberRisk Tech as a scalable policy for technology and life-sciences companies, letting a business choose cyber protection, technology E&O protection, or both within the same policy. ²Company-reported. Product page "What does cyber insurance coverage for technology companies include?" section.

Criteria

Mylo Cyber Insurance

Travelers CyberRisk Tech

Who It’s For

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. ¹Company-reported. Cyber insurance product page; a company-reported statistic, not independently verified.

Travelers targets CyberRisk Tech at technology and life-sciences companies, citing their reliance on digital systems and sensitive data, including intellectual property and patient or clinical information. ²Company-reported. Product page introduction.

Coverage Features

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. ¹Company-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. ¹Company-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. ¹Company-reported. Cyber insurance product page "Add cyber to your Business Owner's Policy (BOP)" section.

Travelers says CyberRisk Tech includes technology errors and omissions, privacy and security, media and regulatory proceedings liability insuring agreements, plus breach response, cybercrime and business loss (first-party) coverages such as forensic investigations, public relations costs, business interruption loss and cyber extortion costs. ²Company-reported. Product page "How does CyberRisk tech coverage mitigate cyber risk?" and "What does cyber insurance coverage for technology companies include?" sections; exact terms and exclusions are set by the issued policy.

Role in This Line

Mylo brokers cyber insurance by comparing quotes from multiple carriers rather than underwriting the policy itself. ¹Company-reported. Cyber insurance product page.

Travelers underwrites CyberRisk Tech as a scalable policy for technology and life-sciences companies, letting a business choose cyber protection, technology E&O protection, or both within the same policy. ²Company-reported. Product page "What does cyber insurance coverage for technology companies include?" section.