Cyber Liability addresses the first and third-party risks associated with e-business, the Internet, networks and informational assets. The risk category includes privacy issues, the infringement of intellectual property, virus transmission, or any other serious trouble that may be passed from first to third parties via the Web.
First Party Exposures
Are losses that stem from a network security breach:
Cyber Extortion – Threats to release data (privacy information) or to interrupt a customer’s service, limit access or destroy data.
Notification and credit monitoring expenses (to clients and customers)
Regulatory fines and penalties
Business Interruption – as a result of a cyber-attack by another party that interrupts the insured’s business and income.
Data restoration and reconstruction
Crisis Event Management Loss
Third Party Issues
Network Security Liability
Failure to prevent denials or disruption of service
Failure to prevent unauthorized access, use, repudiation of access, tampering, introduction of malicious code (virus) into data or system (the insured’s or a client of same)
Intellectual Property Coverage
Copyright, trademark, plagiarism, title, slogan, trade name, service name, trade dress or service mark misappropriation of ideas under implied contract
Piracy, when it directly relates to copyright or trademark infringement
Misuse of intellectual property in content
Personal Injury in Connected Services
Defamation, harm to feelings, infliction of emotional distress, trade libel
Disparagement or harm to character or reputation, product or service disparagement
Outrage or outrageous conduct
Invasion of privacy, infringement of publicity rights, commercial appropriation of name or likeness
Wireless signal interception, eavesdropping
Wrongful entry or eviction, trespass, other invasion of right of private occupancy
Personal injury and privacy in the insured’s business operations
Privacy regulatory action-imposed civil fine or penalty
Which Carrier has the Best Price and the Best Coverage for Your Clients? We Can Assist. Hartford AIG AWAC Ascent CNA Beazley One Beacon ArgoPro Navigators RSUI AXIS ACE Philadelphia Hiscox NAS Euclid Travelers Chubb CFC ThinkRisk Ironshore and many others…
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.