Financial institutions are increasingly exposed to a wide range of information, technology and cyber risks that fall outside traditional insurance policies. In addition, the recently enacted state and Federal laws in these areas are numerous and can be confusing in terms of compliance. Liftman Insurance represents a number of insurers that offer broad cutting-edge solutions to protect your firm from network security, content and privacy liability exposures including identity theft.
Some of the important coverages that may be included in these policies include:
- Privacy Injury Liability (includes identity theft of client information)
- Privacy Regulatory Proceedings
- Network Security Liability
- Content Injury Liability
- Public Relations Exposure
- Network Extortion
- Loss or Damages to Your Network
- Business Interruption and Extra Expense
- Professional Liability
- Emergency Response
- Electronic Theft
Click here to download Data Security & Privacy Liability claims scenarios.
To download a Data Security and Privacy Liability application, please click here.
Courtesy of the law firm Edwards Angell Palmer & Dodge, click here to view their brief summary of new data security requirements.
Please contact Liftman Insurance for a one-to-one consultation on Data Security & Privacy Liability and to obtain a premium quotation.