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No, the Insurance Reserve Fund does not provide cyber insurance.  Instead, the state has issued a statewide term contract with HUB International, as a broker for Cyber Insurance. 

Any South Carolina Public Procurement Unit — all Using Governmental Units [UGU] —must use this broker to assess and advise data breach or cyber liability insurance needs, including breach event response and other available services.  The broker will advise on how to structure a program; will obtain detailed proposals, including price quotes, from insurers for Cyber insurance, and present the proposals to the Using Governmental Unit [UGU] for acceptance or rejection.

This is the link to the page on the DPS website

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