Farmers Mutual Hail Insurance Company of Iowa (FMH) recently announced the new FMH Cyber Risk Protection suite, which includes two new cyber risk products to provide protection and services in the event an individual, family, or farm is the victim of a computer attack, cyber extortion, online fraud, or a breach of personal information.
“From mobile devices for the family to farm management software for a farm operation, technology is more connected and more prevalent than ever before,” said Pat Faga, FMH CMO and Executive Vice President of P&C. “Cyberattacks can happen to anyone. We want to make sure that the families and small businesses that rely on FMH to protect their homes and farms can have peace of mind knowing they can recover after a cyberattack as well.”
FMH is among the first farm insurance companies to offer protection designed specifically for precision ag equipment and software. “Precision ag technology is an important tool for any farm operation. Many of these are family-run businesses that would struggle to recover if data is stolen, lost, or extorted. Both products provide a range of coverages to account for multiple cyberattack scenarios,” added Faga.
The FMH Cyber Risk Protection suite is available anywhere FMH property products are offered. FMH Cyber Risk Protection products were developed in partnership with Hartford Steam Boiler.