The MEL is proud to announce the formation of the
New Jersey Cyber Risk Management Fund – Cyber JIF
Faced with a hard cyber insurance market and even more limited options for local governments to obtain cyber insurance, the MEL has launched a first-of-its-kind Cyber JIF effective January 1, 2023.
Modeled after the MEL’s Environmental Risk Management Fund, the Cyber JIF will offer cyber insurance coverage and risk management tools to assist local governments with mitigating the financial and security risks of cyber threats in today’s landscape.
Click HERE to view a PowerPoint about the new Cyber JIF program.
Additional resources, forms, information and details
about the Cyber JIF program
Step 1: What you need to get started
Step 2: Getting Certified
Step 3: Template Policies
Step 4: In case of a claim
NOTE: Compliance with the Minimum Security group reduces your deductible to $25,000 (up to $85k in savings) and compliance with the Minimum and Advanced Security groups reduces your deductible to $0 (up to $110k in savings).