CyberPro Coverage
CyberPro is suitable across a broad range of industry sectors and can be adapted to suit specific needs and requirements. Coverage is provided on a modular basis, with independent insuring agreements, tailored to an insured’s needs.
| POLICY INSURING AGREEMENTS | |
|---|---|
| Security and Privacy Liability | Coverage for third party liability claims arising from failure to protect private or confidential information |
| Multimedia and Intellectual Property | Coverage for third party liability claims arising from advertising and intellectual property risks |
| Network Interruption and Recovery | First party coverage for a company’s own losses as a result of a business interruption event and any additional costs of working |
| Property Damage | Coverage for damage to physical property as a result of cyber security event |
| Event Support Expenses | Coverage for costs incurred as a result of an actual or alleged data breach. Includes legal and forensic, notification, call centre services, credit and identity monitoring, and personal fraud loss service costs |
| Privacy Regulatory Defense and Penalties | Coverage for the costs associated with a regulatory investigation against the insured and any penalties incurred |
| Network Extortion | Coverage for the costs of an expert cyber extortion negotiator and the cost of any extortion demanded and paid |
| Computer Fraud and Telecommunications Fraud | Coverage for direct monetary loss arising from electronic theft, computer fraud or telecommunications fraud |
| Social Engineering Fraud | Coverage for direct monetary loss arising from social engineering fraud |
| Reputational Damage Coverage | Coverage for lost net income due to termination of a services contract by your client or reduction in the value of your business brand |
| Bricking Coverage | Coverage for damage to computer hardware as a result of a security event |
Data Breach Services through CyberClan (formerly Network Test Labs)
- 24/7 Cyber Breach Response Hotline, provided by CyberClan, a Canadian cyber security expert
- Offered exclusively to CyberPro policyholders to assist with better managing a cyber and network security stance:
- Free one-hour Cyber Security Consultation – Weakness in information security can jeopardize your mission, threaten your profitability, and invite fines and penalties from regulatory bodies
- Free online Cyber Security Training – Employees are the best line of defence in protecting the ever-changing environment and limited time
- End Point Monitoring: Free 15-day trial – Protect your company from devastating cyberattacks with industry leading end point protection
- One-time Phishing Simulation – Find out what percentage of your users are prone to phishing with your free Phishing Security Test
- One-time Automated Vulnerability Assessment – Test, investigate and analyze vulnerabilities on public internet-facing devices and web application with a vulnerability assessment
How are Claims Handled?
Claims are managed by Ascent Underwriting, an Optio Company, a cover holder for certain Lloyd’s Underwriters A-rated insurers (A.M. Best et S&P).