In an increasingly tech dependent age, where almost everything is online, protecting your business from cyber-related exposure is critical.

Cyber insurance provides protection for a broad range of network security, privacy, and multimedia-related exposures. Intentional data theft by hackers or accidental data exposure from a lost laptop or smart phone are common occurrences in businesses of all sizes and pose an ever-growing risk.

COVERAGE OVERVIEW

CYBER EXPENSE – FIRST PARTY COVER

Privacy Breach Response Costs

Includes all reasonable legal, public relations, advertising, IT forensic, credit monitoring, call center, postage and identity theft restoration expenses incurred by the insured in response to a privacy breach.

Network Asset Protection (including Non-physical Business Interruption)

Coverage for all reasonable and necessary sums required to recover and/or replace data that is compromised, damaged, lost, erased or corrupted.

Coverage also includes business interruption and extra expense coverage for income loss as a result of the total or partial interruption of the insured’s computer system.

Cyber Extortion

Will pay extortion expenses and extortion monies as a direct result of a credible cyber extortion threat.

Cyber Terrorism

Coverage for income loss and interruption expenses as a result of the interruption of the insured’s computer system due to a cyber terrorism attack.

COVERAGE OVERVIEW

CYBER LIABILITY – THIRD PARTY COVER

Network Security & Privacy Liability

Includes coverage for both online and offline information, virus attacks, denial of service, and failure to prevent transmission of malicious code.

Multimedia Liability

Coverage for both online and offline media, including claims alleging copyright/trademark infringement, libel/slander, and personal injury.

Privacy Regulatory Defense & Penalties

Coverage for defence costs and fines/penalties (where insurable) as a result of a privacy/security breach or beach of privacy regulations.