Cyber Liability

We can package Cyber Liability with Professional Liability, General Liability, and Media & Advertising Liability for a wide variety of classes.

Questions? Contact Us.

Coverage Highlights:

Competitive Pricing
Broad Coverage Form
Package or Monoline
Tough to Place Classes
Cyber Liability Up to $10M in excess
Cyber Liability Up to $5M in capacity for Notification Services (after a breach)

Coverage Details

Data Breach & Privacy Liability (3rd Party Coverage)
- Liability arising out of unauthorized access to confidential 3rd party data
- Broad definition of "unauthorized access" including theft or loss of paper records
- Provides defense and damages on insured’s behalf, including defense of privacy breach investigations by governmental authorities and includes the portion of privacy regulatory settlements or judgments used to fund the payment of patient or consumer claims

Data Breach Loss to Insured (1st party coverage)
- Costs to restore insured’s own data
- Theft of money and securities through unauthorized access
- Extra expenses while recovering from the breach

Electronic media coverage
- Covers web content which is alleged to include:
  - Libel, slander, other defamation
  - Accidental public posting of private information
  - Copyright, trademark infringement

* Supplementary payments in addition to the limit of liability for breach mitigation costs and reward reimbursement.

Additional Features

Broad policy form for third party liabilities arising from unauthorized access
Supplementary Payments coverage available for public relations expense, voluntary credit monitoring, and compliance with notification laws
Optional coverage for first party costs to recover from a breach and for electronic media liability
Responds to liability for identity theft, invasion of privacy of HIPAA violation, failure to protect confidential data, transmission of spyware, viruses and other malicious code, use of network to harm a third party.
Covers laptops, backup tapes, paper records and other storage media
Includes coverage for unauthorized access by an employee
Defense of proceedings by privacy regulators at full liability limit
Worldwide coverage
Optional electronic media
Forensic / incident response services from Fishnet Security as part of our claim handling process.

Sample Classes

Insurance Agencies / Brokers
Financial Professionals
Restaurants
Hotels
Car Dealerships
Retailers - Both On-line and Physical
Professional Service Firms
Internet-Based Businesses
Medical Facilities
Blood Center
On-line Contact Lens Supplier
Medical Screening Service
Clinics
Rural Acute Care Hospital
Laboratory
Collection Agency
Medical Billing
Telemedicine Practice
Electronic Medical Records
Payroll Service

Cyber Liability Coverage Offers Protection From

Employee Error
Loss of Hardware or Paper Files
Misuse of Access to Data by Employees
"Zero Day" attacks that exploit software vulnerabilities before a patch has been released

Your clients may not be as safe as they think!

Myth #1 - Data thieves only go after big, well known companies.

Myth #2 - We don't sell anything over the internet, so we have no exposure to data breaches.

Myth #3 - Our IT manager says our systems are "bulletproof", so there is no need to worry.

Myth #4 - There are no damages from data thefts so there is nothing for me to worry about.

Myth #5 - A data breach exposure is already covered in our current insurance program.

What We Offer

Let Us Help.

Jaime Fenimore, MS, CPCU
Brokerage Underwriter
Cyber Liability Specialist
866-807-3148
jfenimore@jmwilson.com