Do you carry client’s personal & confidential info on your computer? Do you have copies of clients mortgage applications stored in your email? Do you use free email accounts?
Then you may be vulnerable and liable if that data gets out
Cyber-liability insurance is a type of insurance focused on the increasing exposures now faced by people & business that operate online or hold sensitive client data on their computer systems.
•Security and Privacy Liability - Failing to prevent or hinder unauthorized access or use of your computer system and the confidential material thereon such as loss of employee information, loss or theft of customer personal identifiable data and transmissions of malicious codes to others. First and Third party coverage is available.
•Multi-media Liability - Allegations from your internet site or printed media which cause defamation. Libel, slander, trade libel, product disparagement or torts relation to harm the reputation of others.
•Privacy Breach Response Costs, Customer notification and Customer Support and Credit Monitoring Expenses.
•Privacy Regulatory Defense and Penalties - Regulatory Compensatory Awards or fines and penalties and related claims expenses in regards to Billing Errors Proceedings
•Network Asset Protection - Restoring, updating or replacing digital assets to a level beyond that which existed prior to your Covered Cyber Loss including Business Interruption and Extra Expense Coverage.
•Cyber Terrorism - expenses such as income loss, interruption expenses during the period of restoration as a result of a total or partial loss or degradation in service which is directly caused by an act of terrorism.
•Regulatory claim expenses and shadow audit expenses - Covered claim expenses, shadow audit expenses and regulatory fines and penalties from certain regulatory proceedings against you.
Does Cyber-Liability insurance cover computer viruses?
Yes. Cyber-liability has coverage for business interruption for when your computer systems go down due to a virus. it also provides defense coverage in the event your company accidentally sends a virus to a third party.
We have the ability to help secure your cyber-liability coverage quickly and efficiently