Cyber Liability Exposures News

Liberty Mutual Adds Data Compromise Coverage to Insurance Agent E&O Program

Liberty Mutual Insurance has added data compromise coverage to its insurance agents errors & omissions (E &O) program. The endorsement carries an annual aggregate limit of $100,000 for response expenses and an additional $100,000 annual aggregate limit for defense and …

Virtual Privacy Expert Gives Insurers Privacy Tools for Clients

Data breach software firm ID Experts has partnered with risk management and claims consultant Enquiron to offer the Virtual Privacy Expert, an on-demand website service for insurance carriers looking to provide online privacy tools to their clients in conjunction with …

Allied World U.S. Launches Coverage for Liability, Expenses of Privacy Breach

Allied World U.S. has launched Privacy//403 SRVS, a Specified Response Vendor Solution (SRVS) policy to provide coverage for liability and expenses associated with the compromise of sensitive information and information systems, in the event of a data breach. The Privacy//403 …

Willis Report Highlights Tech/TelCom Firms Cyber Risk Exposures

In a study of public documents, Willis Group Holdings plc said it has “found that technology and telecommunications companies estimated their cyber exposures at higher levels than others in the Fortune 1000, an indication that those firms may be underestimating …