Cyber Liability Insurance for NAICS 488330
CYBRanked reasons a business in NAICS 488330, Navigational Services to Shipping, needs Cyber Liability coverage. Each reason is specific to how this industry actually loses money, and ends with the question to ask before the objection comes up.
- 01
Pilots and tugs move vessels in confined water.
- Movement is coordinated through scheduling and communication systems.
- Vessels are large, close to shore, and often carrying hazardous cargo.
- A coordination failure is a grounding or a collision.
- ASK
- How are vessel movements scheduled and coordinated?
- 02
Federal maritime security requirements apply.
- Coast Guard security and cybersecurity requirements apply to regulated operations.
- Requirements phase in on set dates.
- Findings can restrict operations.
- ASK
- What maritime security requirements apply to your operation?
- 03
Vessel schedules cannot be held.
- Vessels arrive on tide and berth windows that cannot move.
- Pilots and tugs are booked against those windows.
- A missed window costs the vessel and the terminal both.
- ASK
- What does a missed tide or berth window cost your customers?
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