Cover Agency, Ltd Wholesale
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Automated "Prompt Quote, Bind, Issue" Insurance Plans" :
1. IT Security Technolgy Package
2. Professional Liability 100s Plans
3. Technology Internet Profl. Liab
4. Educators Legal Liability Ins
5. Public Entity, Officials, Liability
6. Employment Practices Liability
9. Fiduciary Liability Package
10. Crime- Fidelity Liability Pack
11. Directors Officers Liability Ins
12. Motor Truck Cargo Insurance
13. Underground-Above Tanks Liab
NEW - DILIGENT QUOTE PLANS
Medical Facility Liability Package
Medical Facility Property Package
Life Sciences Industry Package
Artisan General Liability Insurance
Diligent Quote Plans:
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http://healthprovidersinsurance.com
http://malpracticeinsurance.me
http://transactioninsurance.netData Privacy and
Network Liability Breach Insurance
Any small or middle market company that receives (or stores information) is at risk of having a money judgment for 6 to 8 figures rendered against them, for breach of their obligations to customers or employees to protect private or personal information (data or written) from being disclosed or provided to third parties.
Some of the basic coverages for an insurance program designed to protect from liability judgments small and middle market companies are essential for companies involved directly (or indirectly) in receiving, or storing, information such as:
i. Sensitive customer or employee information
ii. Third party corporate information (Or other entity)
iii. Using or managing a computer network
iv. Maintaining or building a website.
The Privacy Liability and Network Liability Insurance Policy provides important Insurance protection and coverages against a variety of relevant perils, that include:
1. Privacy Liability Breaches Insurance which will require Privacy Liabiity and Network Liability Insurance; it can provide insurance against:
a. Losses resulting from the company's failure to protect sensitive, third party, personal or corporate information.
b. Coverage against government agency regulatory claims alleging violation of any state, federal, or foreign identity theft or privacy protection laws or regulations.
2. Data Breach Insurance: Coverage for the expenses of determining the extent of a data breach, including the expense of retaining the services of a computer forensics company, further compliance with privacy regulations, including the cost of notification, providing credit monitoring services to affected individuals, legal expenses, public relations and other crisis management services for the purpose of restoring the business's reputation in the eyes of the public and the company's clients.
3. Network Security Liability Insurance: Provides liability insurance protection for the company arising from the failure of network security, against such perils as: unauthorized access or unauthorized use of corporate systems, a denial of service attack, and malicious code transmission.
4. Internet Media Liability Insurance: Coverage against copyright and trademark infringement, invasion of privacy, slander, libel, plagiarism, and negligence; said injury may arise from the company's internet website content.
5. Network Extortion Threat Insurance: Provides coverage indemnifying against extortion of money and related expenses arising from a criminal behavior including threats to release sensitive information or bring down a network.
6. Additional Important Information:
a. Companies of all sizes may be considered for this policy.
b. Both customer and employee information may be covered under the Privacy Coverage.
c. Personal information in data format and any other format are covered against security breaches. Both network and non-network security breaches can be insured against.
d. Data breach coverages provide indemnification of expenses can include both voluntary notification expenses and consumer notification regulations and laws of the most appropriate jurisdiction.
e. No coinsurance requirements or retention requirements are incorporated in the policy.
f. Insurance is intended to include coverage for the latest regulations of regulatory authorities and statutes.
For more detailed information, and a Privacy Liability and Network Security Insurance quote, request or download an application: