Cyber Liability Insurance

Harris Global Insurance, through our London partners are able to offer Cyber Liability Insurance with competitive rates throughout North America.

Cyber Liability Insurance is an insurance product used to protect businesses and individual users from Data Breaches and other Cyber Crimes. Risks of this nature are typically excluded from traditional commercial general liability policies.

The product is designed for most businesses including but not limited to; healthcare providers, educational facilities, professional services firms, public entities, energy companies, transportation and logistics companies and financial service providers.

Harris Global Insurance can obtain competitive terms to cover the following:

• Cyber incident response costs (including IT forensics, legal, breach notification and crisis communications)
• Cybercrime Including social engineering, theft of personal funds, cyber extortion, ransomware attacks, and unauthorized use of computer resources through cryptojacking or botnetting)
• System damage and business interruption (including full data re-creation, income loss, and extra expense, additional extra expense, consequential reputational harm, and hardware repair and replacement)
• Network security and privacy liability (including management liability arising from a cyber event and regulatory fines and penalties)
• Media liability (including defamation and intellectual property rights infringement)
• Technology errors and omissions
• Court attendance costs

Maximum Limits     

USD 10,000,000

Minimum Premium Requirements: USD 2,500