Cyber Liability Insurance

Cyber Liability policies can be designed to fit the specific needs of your business and provide coverage for liability that arises out of the unauthorized use of, or unauthorized access to, electronic data or software within your network or business.

Why is Cyber Liability Coverage so Important?

Why is Cyber Liability Coverage so Important?

It addresses both the first-party and third-party risks associated with e-business, the Internet, networks and informational assets. It also provides coverage for liability claims as a result of spreading a computer virus or malicious code, computer theft, extortion, or any unintentional act, mistake, error or omission made by your employees while performing their job.

First-Party Protections Include:


Loss of Digital Assets

Losses you incur as a result of damage, alteration, corruption, distortion, theft, misuse or destruction of electronic data.


Non-Physical Business Interruption

Loss of income, interruption expenses and special expenses incurred as a result of the interruption in service or failure of the computer system.


Security Event Costs

Reimbursement for notification, forensics and credit protection services along with costs incurred for fines and penalties (where insurable).


Cyber Extortion Threat

Reimbursement for extortion expenses and monies resulting from a credible threat.


Cyber Terrorism

Reimbursement for loss of income, interruption expenses and special expenses incurred as a direct result of the interruption in service or failure of the computer system due to an act of terrorism.


Security Event Costs

Reimbursement for notification, forensics and credit protection services along with costs incurred for fines and penalties (where insurable).

Third-Party Protections Include:


Network Security and Privacy Liability

Legal liability for a security or privacy breach resulting from alleged violations of laws and regulations.


Employee Privacy Liability

Legal liability for a security or privacy breach of employees’ personal information.


Electronic Media Liability

  • Defamation, libel and slander
  • Invasion of an individuals right of privacy or publicity
  • Infringement of any copyright, trademark, title or service mark
  • Domain name infringement