CyberTech – Open Brokerage Team

Our Broad Product Capabilities

  • Appetite for business with revenue up to $1B
  • Capacity up to $5M for primary and excess liability
  • First-party coverage and third-party liability in one standalone cyber form
  • Affirmative Cyberterrorism coverage
  • Pre-claim investigation and prevention assistance
  • Affirmative allocation provision
  • Worldwide coverage territory
  • A specialized and dedicated team handling cyber and technology E&O claims
  • Broad Industry Appetite targeting Construction, Manufacturing, Professional Services, Retail, Entertainment, Financial Institutions, Hospitality, Transportation, and Wholesale Trade

Monoline Cyber Coverage Overview

First-party coverage and third-party liability in one standalone cyber form.
  • Defense and damages:
    • Data breach and privacy lawsuits
    • Network interruption lawsuits
  • Fines and penalties
    • Data breach fines and proceedings, PCI fines and assessments
  • Data breach response expense
    • Breach coach, forensic investigation, notification, credit monitoring, PR consultant, Data restoration
  • Business interruption loss & Dependent Business Interruption
  • System Failure & Dependent System Failure
  • Ransomware & Extortion negotiation and payment
  • Cyber Crime

Monoline Cyber Products

Cyber & Tech E&O Coverage Overview

One single policy combining technology liability and professional services liability with media liability, first and third-party cyber coverage, a package curated for Tech companies.
 
Eligible technology product and service company categories include: SaaS, IaaS, PaaS, IT services, cybersecurity, big data, predictive analytics, data entry and processing, on-demand consumer services, social media, telecommunication, ISPs, information technology hardware, firmware, electronic equipment and components.
  • Broad definition of technology products and services
  • Broad form contractual liability coverage
  • Enterprise media liability coverage
  • Coverage for software code (IP)
  • Blanket professional services liability coverage 
    • Certain classes excluded 
  • Defense and damages:
    • Data breach and privacy lawsuits
    • Network interruption lawsuits
  • Fines and penalties
    • Data breach fines and proceedings, PCI fines and assessments
  • Data breach response expense
    • Breach coach, forensic investigation, notification, credit monitoring, PR consultant, Data restoration
  • Business interruption loss & Dependent Business Interruption
  • System Failure & Dependent System Failure 
  • Ransomware & Extortion negotiation and payment 
  • Cyber Crime

Technology E&O and Cyber Product

 
* CyberChoice First Response is admitted in: AL, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, DA, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, WV, WI, WY