Build Resilience and Protect Your Company

“If you’re planning on doing any work directly for the federal government, sign up with SensCy right now. [...] I can’t imagine going to the CMMC compliance from scratch. Never underestimate the ability of the government to overthink things.”

— Bill Henderson, President, Aircraft Precision Products, Ithaca

Being proactive is critical to safeguarding your company’s assets, reputation, financial liability and future growth.

Announcing a revolutionary partnership that will elevate your cybersecurity capabilities and provide enhanced financial protection against cyber risks. MMA, SensCy, General Agency Company and CFC are partnering to bring MMA members an exclusive and unprecedented opportunity to obtain industry leading cyber security insurance paired with proactive cyber hygiene to protect your company like never before.

Manufacturing is in Top 5 of targeted industries
Manufacturers shouldered 10% of frequency and 11% of total cost for cyber claims
43% of cyber attacks are targeted at small business
Average total crisis cost per company $174,000
Small and mid-sized organizations saw a 424% increase in cyberattacks in 2023
Average SMO cyberattack revenue loss: 20%

A Complete Cyber Solution for Manufacturers

Assessment
Cybersecurity Plan of Action
Access to Exclusive and Affordable Cyber Liability Insurance

The Process

Step 1 Complete the Michigan Cybersecurity Initiative application

Step 2 Get Your SensCy Score

Step 3 Get Your Insurance Quote

Step 4 Make an Action Plan for Cyber Monitoring

Build Resilience and Protect Your Company

The SensCy Solution

SensCy empowers small and medium-sized businesses to fend off cybersecurity threats without breaking the bank. Comprised of IT and cybersecurity leaders with a combined 100+ years of industry knowledge, SensCy’s expertise, tools, and comprehensive solution help business leaders sleep better at night knowing they’re tackling today’s cyberthreats head-on.

SensCy helps small and medium-sized businesses secure their data, people, and supply chains from cybersecurity threats by providing:

Cyberhealth tracking system (SensCy Score™)
Virtual CISO: Cyber Advocate
Cyber Policy Library
Vulnerability Scanning
Cyberhealth Dashboard
Cyberhealth Plan
Cyber Awareness Training
Phishing Exercises
Cyber Alerts
Help with Cyber Insurance Forms
Executive Briefings
Cyber Incident Response Plan
See our full solution here

Cyber Liability Insurance Built for Manufacturing

Reduced Rates and Expanded Coverage Exclusive to MMA Members

Monoline cyber liability insurance
Predetermined and Reduced Rates

Minimum premium of $1,500

$250,000 coverage, including invoice manipulation.
No call-back for Fraudulent Instruction Loss
Confirmed inclusion of Operational Technology (OT) Environment, including:

Supervisory Control and Data Acquisition SCADA
Programmable Logic Controllers (PLCs)
Remote Terminal Units (RTUs)
Human-Machine Interfaces (HMIs)
Robotic Control Systems

Dependent Business Interruption is included.
Extended Restoration Period up to 12 months from the date of incident
Broader underwriting guidelines than open market
Additional Coverages

Bricking coverage
Social engineering products

Manufacturing
Revenue Size	$1M Limit	$2M Limit	$3M Limit
$0-500k	$1,530	$1,970	$2,410
$500k-$1M	$1,610	$2,080	$2,540
$1M-$5M	$2,460	$3,130	$3,820
$5M-10M	$4,840	$6,300	$8,155
$10M-25M	$8,850	$1,200	$14,100

Get Started!

Submit your Michigan Cybersecurity Initiative application today!

Attention Licensed Insurance Agents!

Interested in proposing reduced rate and expanded coverage cyber liability coverage to your clients? Partner with MMA and General Agency to gain access to this exclusive opportunity! Contact MMA’s Delaney McKinley at mckinley@mimfg.org or 517-487-8530.