Incident Response
- Covers broad category of fraud protection & notification services including voluntary
- Incur loss before consent for first 72 hours
Data Recovery & Bricking
- Covers costs to recover, repair, replace or recreate data and software and replace bricked hardware
- Data coverage is not limited to restoration from backups
- Bricked hardware includes broad list of computing and personal devices and data storage hardware
- Betterment up to 25%
- Operational Technology coverage can be added
Crime
- Covers financial loss resulting from cyber crimes including computer fraud, social engineering, diverted receivables, theft of telecom, data transmission and utility services (cryptojacking)
- Funds transfer fraud can be added
- Costs to investigate, reverse or correct monetary transfers
- Authentication requirement on social engineering claims can be deleted
Liability & Regulatory Actions
- Coverage for civil and regulatory liability because of any failure of security or failure to protect personal or third party confidential information
- Broad category of protected personal information scales to meet any regulatory requirement
- Collection, use and handling violations, not limited to a data breach
- Civil liability for biometric information can be added
Tech E&O
- Tech E&O can be added
- Unintentional breach of contract
- Software copyright infringement
General Terms & Conditions
- Single highest retention if more than one coverage is triggered
- Rogue employee and imputation and severability conditions geared to preserving coverage
Business Interruptions
- Covers loss of income and extra expenses because of interruption to the insured’s or a service provider’s network.
- Waiting Period is a qualifying trigger with dollar retention for middle market & large businesses
- BYOD, voluntary shutdown & continuing operating costs
- Non IT service provider coverage
- Cloud service outage
- Public utility outage can be added
- Forensic accounting costs
- Interim payment of undisputed loss
- 180 day Period of Restoration
Extortion
- Coverage for ransom demand and related costs to investigate and respond
- Legal representation to communicate with law enforcement and comply with OFSI and other laws restricting payment of ransom
- Incur sublimited loss before consent for first 72 hours
- Information reward reimbursement
Reputational Harm
- Covers loss of income because of customer attrition and brand harm resulting from adverse publicity from any cyber event
- Not limited to data breach events
- 12 month period of restoration
PCI-DSS
- Coverage to respond to PCI-DSS violations
- Triggers for actual or suspected breach
- Card reissuance and recertification costs
- Administrative reimbursement costs that are payable by Insured
Media Liability
- Coverage for media torts arising out of publication and communication in any form including libel, slander, defamation, emotional distress & outrage, infringement of the right of privacy or publicity, infringement of copyright & misappropriation of ideas
- UK AXIS Cyber Application – AXIS 1012098 0122
- UK AXIS Cyber Supplemental Application (Ransomware) - AXIS 1012729 0122
- UK AXIS Cyber Supplemental Application (BIPA) - AXIS 1012085 0920
- UK AXIS Cyber Supplemental Application (Manufacturer) - AXIS 1012099 1020
- UK AXIS Cyber Supplemental Application (Retailer) - AXIS 1012728 1020
- UK AXIS Cyber Tech E&O MPL Application - AXIS 1014103 0122
ACI Highlights
- UK AXIS Cyber Application – AXIS 1012098 0122
- UK AXIS Cyber Supplemental Application (Ransomware) - AXIS 1012729 0122
- UK AXIS Cyber Supplemental Application (BIPA) - AXIS 1012085 0920
- UK AXIS Cyber Supplemental Application (Manufacturer) - AXIS 1012099 1020
- UK AXIS Cyber Supplemental Application (Retailer) - AXIS 1012728 1020
- UK AXIS Cyber Tech E&O MPL Application - AXIS 1014103 0122