Complete Cyber Protection
Favorite Coverage, with One Brightly Cyber, re-imagines cyber solutions for families and businesses. We offer advanced digital protection, including specialized DMS Outage Insurance for rapid financial relief for automotive dealerships, ensuring secure operations.
Family and Business Cyber Solutions, Re-Imagined
In today's digital landscape, cyber threats are ever-present and evolving. The cost of cyber breaches exceeded $1 trillion in 2020, with identity theft and cyberattacks increasing exponentially, particularly since the onset of Covid. Your dealership – from your showroom to your service bay – is a prime target. Favorite Coverage, in partnership with One Brightly Cyber, is revolutionizing how automotive dealerships and other businesses approach digital security.
We offer a comprehensive suite of digital solutions designed for families and small businesses operating from home offices, corporate offices, mobile offices, and work sites worldwide. Our approach integrates specialized client services, cutting-edge technology, and robust policy to bring convenience and personalization that bridges your insurance needs of yesterday with the digital solutions of tomorrow. This leads to enhanced engagement through an innovative and transcendent digital client experience.
DMS Outage Insurance: Unmatched Financial Protection for Dealerships
Your Dealer Management System (DMS) is the heartbeat of your automotive business. A prolonged DMS outage can bring operations to a grinding halt, leading to significant financial losses. Brightly Insurance, a Parametrix coverholder, provides a revolutionary DMS Outage Insurance specifically tailored to protect car dealerships against business losses resulting from these critical system downtimes.
Why DMS Outage Coverage is Essential for Your Dealership:
Reduce Risk: Downtime events are inevitable. Our coverage ensures you're prepared.
No Ambiguity: The parametric coverage provides clear triggers and payout certainty.
Flexibility: Customized to fit your dealership's unique operational needs, covering operating hours where it matters most.
Fast Payment: Ensures immediate liquidity after an adverse event with swift payouts.
How It Works: Simple 3-Step Process
Step 1: Pre-determined Coverage: You select a pre-determined coverage amount based on your revenue band.
Step 2: Outage Trigger: An outage event impacting your insured service triggers the policy coverage.
Step 3: Rapid Payout: You receive your claims payout within 15 business days.
Program Details:
Trigger: DMS outage event triggers policy coverage.
Coverage: Hourly, during a coverage window of 7 AM to 8 PM (aligning with actual dealership losses).
Waiting Period: A short 1-day (24 hours) waiting period.
Payout: Pre-set on an hourly basis during the coverage window, with a $0 deductible, no forensics, and no proof of loss required.
Our program is designed to deliver immediate, no-hassle financial relief, allowing you to focus on getting back online.
Comprehensive Cyber Solutions with One Brightly Cyber
Beyond DMS outage protection, One Brightly Cyber sets the standard for personal and commercial cyber assessment, protection, response, and support. We provide intuitive and affordable integrated suites of cyber scanning technology, world-class cyber services, and cyber policy, re-imagining and simplifying cyber threats for families and businesses worldwide.Key Program Features:
QUIK-LINE PLATFORM: Our proprietary customer acquisition platform for risk mitigation, management, and protection.
EXTENDED SERVICES: Providing extended Quik-Line services to serve all your business needs.
Digital Delivery: One Brightly brings your organization implementable digital solutions in weeks, not months or years. We're disrupting and innovating the client experience, driving engagement and revenue for carriers, brokers, and agencies. We bridge yesterday’s capabilities with tomorrow’s digital opportunities, today!Protect your dealership from every angle. From securing your digital infrastructure to insuring against critical DMS downtime, Favorite Coverage and One Brightly Cyber are your partners in comprehensive digital resilience.