CY

BERSELECT

CyberSelect, a new policy designed to offer you the most comprehensive coverage

available in the market.

Data breaches have become more and more prevalent. Given the press surrounding the size of such instances (the number of files breached and people affected), companies have begun to realize the resulting costs can be staggering. Companies should not have to worry about whether their policy fully or partially responds, it should be comprehensive, complete and not riddled with sub-limits.

Beecher Carlson is pleased to announce the launch of its proprietary Cyber Liability and Data Breach Response policy – CyberSelect. The policy is designed to offer the most comprehensive coverage available in the market and offers many enhancements not typically available, such as:

• Eliminates the need to gain consent from the Insurer to hire legal experts, forensic accountants and public relations consultants allowing a rapid response to a data breach.

• Provides full policy limits for costs arising out of any regulatory investigation by any regulatory authority or the Payment Card Industry Security Standards Council including card company fines, penalties and assessments, as well as credit card reissuance costs.

• Includes Business Interruption and Extra Expense at full policy limits and extends coverage for “contingent” business interruption and extra expense to the insured as a result of acts of third party vendors.

• Includes Media Liability coverage for all publications, including false advertising through electronic or written means.

• The ability to add professional liability to the coverage.

• Primary limits available up to $50 million.

beechercarlson.com | 646.358.8500John Kerns | 646.358.8503

Robert O’Shea | 646.358.8513