Cyber Liability

A data breach event is a risk for all companies that collect personal identifiable information and/or handles confidential information about its clients or employees. This exposure has the ability to pose a significant financial threat to a company. We can secure a Cyber, Security & Privacy Liability Insurance (Cyber Liability) policy which is designed to protect a company against data breaches.
Limited Cyber Liability coverage may be found under a traditional insurance policy such as General Liability or Professional Liability. Typically, these policies do not provide the full protection needed to combat a data breach. A claim for a data breach may not trigger coverage under a traditional insurance policy. A company is not safe to rely on a traditional insurance policy to respond and protect them against a data breach.
With access to all top specialty markets and carriers, JenCap’s nationwide stable of companies will help you provide your clients with Cyber Coverage that mitigates financial risks when a loss or breach is incurred.
We offer this coverage for the following industries and classes:
- Technology, Media & Telecom
- Retail & Wholesale
- Pharmaceutical & Healthcare
- Manufacturing
- Professional Services
- Financial Services
- Construction
- Business Services
- Municipalities
- Nonprofit & Social Service
- Transport, Distribution & Logistics
- Hospitality
- Real Estate
- Energy
This product offers the following features:
Coverage Highlights
- First-party and third party liabilities arising from a data breach event
- Defense cost and indemnity covered, as permitted by law
- Data recovery costs
- Pre-loss breach prevention services
- Business interruption resulting from security breaches and system failures
- Cyber Crime Coverage
Custom Features
- Telephone Consumer Protection Act (TCPA) Defense Coverage
- System Failure Coverage for Insured’s Service Providers
- Post-breach Remediation Costs
Thrift Store, Shelter, and Transitional Housing
- Located in Washington
- Package & Umbrella
- Premium of $91,000
Credit Monitoring Firm
- Located in New York
- Technology & Cyber Liability
- Premium of $23,571
General Contractor
- Located in New Jersey
- General Liability
- Premium of $59,908
Beverage Manufacturer
- Located in Georgia
- General Liability
- Premium of $33,571
Tract Home Builder
- Located in Pennsylvania
- General Liability
- Premium of $13,708
Boys & Girls Club
- Located in California
- Package & Umbrella
- Premium of $38,438