Cyber Liability
Product Limits
$1,000,000+
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Stand-alone
Carriers
AM Best "A" rated carriers
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Admitted and Non-Admitted
Territories
Available in all states
Overview
Cyber Liability covers a business in the event of a data breach or cyber event. Cyber exposures continue to evolve and impact an insured’s ability to conduct normal business operations. When a Cyber event occurs, the effects can range in severity, resulting in business interruption, notification costs, legal investigation, recovery efforts, and even extortion - all of which can be very costly.
Highlights
First and Third-Party Coverage
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Pre-Breach Services - training, compliance, and best practices
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Data Breach Response services including the coordination of credit monitoring, PR services, and Crisis Management
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Privacy and Security Liability
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Cyber Extortion and Ransomware
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Social Engineering
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Data Recovery
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Privacy Regulatory Defense Costs including coverage for penalties assessed
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Notification Costs
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Business Interruption Costs
Target Businesses
Submit Cyber Liability easily with Novum Online
Private Companies
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Public Companies
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Not-For-Profit Organizations