Security & privacy liability
Unauthorized access, tampering with data, disclosure of confidential information, multimedia liability and regulatory actions.
NETWORK SECURITY & PRIVACY
Cyber liability insurance
Connected businesses.
Considered protection.
First- and third-party insurance for the liability and costs arising from data loss, network security incidents and privacy breaches.
Discuss this coverageTHE COVERAGE PERSPECTIVE
Understand the opportunity.
Cyber risk is about more than an external attack. Lost devices, employee mistakes, system failures and data theft can all expose an organization to financial loss and liability.
ProRISK’s network liability and privacy security insurance addresses the costs of responding to incidents as well as liability to others. It is particularly relevant where an organization holds or processes third-party data.
Protection across the incident lifecycle.
Response & recovery
Privacy breach response, notification, crisis management, data restoration and system recovery expenses.
Business disruption
Business interruption expenses, cyber extortion and the impact of attacks that prevent access to systems or websites.
POLICY HIGHLIGHTS
Coverage with substance.
The cyber policy provides full policy limits, rather than sub-limits, for the following coverage areas, subject to its terms:
- Multimedia liability and third-party security and privacy liability
- Privacy regulatory actions
- Breach response, customer notification and crisis management
- Data recovery and business income
- Cyber extortion
Other features include worldwide territory, a right and duty to defend, innocent insured coverage and coverage extending to non-monetary relief, tolling agreement requests and arbitration.
LET’S TALK ABOUT YOUR CLIENT’S RISK