Broad cyber coverage designed for digital risks

Network and Information Security Liability

Coverage for defence costs and damages from liability to a third party resulting from a security failure, data breach, or privacy violation.

Regulatory Defence and Penalties

Coverage for defence costs and regulatory fines and penalties resulting from a security failure or data breach (subject to applicable law).

PCI Fines and Assessments

Coverage for PCI fines or assessments made against a policyholder resulting from a security failure or data breach.

Funds Transfer Liability

Coverage for defence costs and damages from liability to a third party for fraudulent transfers of funds owed to another party resulting from a failure in the policyholder’s security.

Multimedia Content Liability

Coverage for defence costs and damages from liability to a third party for multimedia wrongful acts, such as infringement, defamation, or piracy.

Technology Errors and Omissions

Coverage for defence costs and legal liability incurred from errors and omissions related to information technology products and services provided by the organisation.

Funds Transfer Fraud and Social Engineering

Funds transfer losses incurred as a result of the receipt of fraudulent payment instructions including through social engineering, loss incurred from the bank account of a senior executive if caused by a security failure at the named insured, and funds transfer losses incurred from a failure in your company’s cyber security or social engineering.

Service Fraud including Cryptojacking

Additional amounts your business is billed by a cloud or telephony provider when you incur fraudulent charges,

Impersonation Repair

Cost of removing websites, reimbursing your customers, legal and PR costs incurred as a result of fraudulent electronic communications or websites that impersonate your business.

Invoice Manipulation

Net costs that you are unable to collect for the provision of goods or services under a fraudulent invoice or payment instruction that has resulted from a security failure.

Breach Response Costs

Coverage for costs to respond to a breach and help you recover, including incident response, customer notification, credit monitoring, and legal costs.

Cyber Extortion (Ransomware)

Coverage for costs to respond to an extortion incident, up to and including payment of a ransom demand.

Direct and Contingent Business Interruption, and Extra Expenses

Coverage for financial losses resulting from a failure in computer security or systems failure, and the extra expenses incurred to bring the company back online. Computer systems include hosted computer systems (SaaS, cloud hosted, etc.) provided to the insured under a written contract.

Digital Asset Restoration

Coverage for the costs to replace, restore, or recreate digital assets that are damaged or lost following a security failure, such as a ransomware attack.

Crisis Management and Public Relations

Coverage for fees and expenses to mitigate harm to a policyholder’s reputation, including public relations experts, media purchases, and voluntary stakeholder notification costs.

Proof of Loss Preparation Expenses

Coverage for costs associated with hiring a forensic accounting firm to document a policyholder’s lost income and additional expenses from a disruption in their computer network from a security or systems failure.

Computer Replacement and Bricking

Coverage for the costs associated with replacing computer hardware whose integrity has been permanently altered by malware (sometimes called “bricking”).

Reputational Harm Loss

Coverage for the lost net profits resulting from an adverse publication concerning a security failure, data breach, or cyber extortion suffered by a policyholder that affects their customers or clients.

Court Attendance

Coverage for reasonable costs and expenses when we request policyholders attend a trial, hearing, deposition, mediation, arbitration, or other proceeding relating to the defence of any claim.

Criminal Reward

Coverage for a reward for information that leads to the arrest and conviction of anyone who commits, or tries to commit, an illegal act related to coverage under our policy.

Bodily Injury and Property Damage - 1st Party

Coverage for losses resulting from bodily injury or damage/impairment to physical property, as well as damages resulting from any liability the policyholder may have to a third party, including regulatory fines & penalties and pollution liability.

Bodily Injury and Property Damage - 3rd Party

Coverage for defence costs and liability incurred when a security failure results in physical damage or injury.

Pollution

Coverage for defence costs and liability incurred when a security failure results in the release of pollutants.

Reputation Repair

Coverage for advertising, media purchases and consulting costs to help preserve customer confidence and protect the policyholder’s brand reputation.