NAS Expands Cyber Liability Policy to Include Breach Prevention Services

NAS Insurance Services, LLC has updated its commercial cyber liability insurance policy NetGuard Plus to now include support services designed to help companies evaluate, prepare, and protect themselves from ever-evolving cyber threats.

The expanded components of the NAS cyber policy include coverage for:

• Outsourced IT system failures that may interrupt the policyholder’s business operations
• Expanded coverage for insured’s own system failure
• Direct bodily injury coverage without class restriction
• Post-breach costs to remedy a policyholder’s IT systems to prevent a potential future breach
• Expanded regulatory defense costs, including for TCPA (Telephone Consumer Protection Act) defense and the EU’s new GDPR legislation
• Financial losses due to reputation harm as a result of a cyber incident
• Zero deductible loss assistance for suspected breaches

NAS Insurance Services is a full-service specialty insurance underwriting manager that provides product development, underwriting, marketing, risk management, and claims handling services for a range of specialty products that are distributed as both insurance and reinsurance products.

Topics Cyber