Cyber Liability
Product Limits
$1,000,000+
Stand-alone
Carriers
AM Best "A" rated carriers
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
Pre-Breach Services - training, compliance, and best practices
Data Breach Response services including the coordination of credit monitoring, PR services, and Crisis Management
Privacy and Security Liability
Cyber Extortion and Ransomware
Social Engineering
Data Recovery
Privacy Regulatory Defense Costs including coverage for penalties assessed
Notification Costs
Business Interruption Costs
Target Businesses
Submit Cyber Liability easily with Novum Online
Private Companies
Public Companies
Not-For-Profit Organizations