Companies today have never been as reliant upon IT networks and the data stored on them, or been as vulnerable to the wide ranging consequences of a network interruption or data security breach. Advances in technology have made the challenges of securing networks and data ever more complex while escalating threats from external parties and increasingly stringent regulatory requirements have made the consequences of data breaches ever more severe. At no time has the need been greater to address the emerging risks and exposures presented in this changing world.
Cyber and Privacy Risk
The GCPT team at Brit can provide capacity of up to $15ml (£10ml GBP) delivering products that address the multitude of exposures from both a First and Third party perspective relating to network security, privacy and data protection risk; particularly for organisations operating in the retail, healthcare, financial services, hospitality and utility sectors. We also offer additional optional coverages including PCI DSS Assessment Coverage; Network Business Income Loss (including administrative errors); Digital Asset Restoration; & Cyber Extortion threat.
With a capacity of up to $15ml (£10ml GBP) the GCPT team provides broad coverage for companies in the technology and internet sectors, including Technology Professional Liability, Miscellaneous Professional Liability, Network Security and Privacy Liability. There is also the opportunity to add optional Breach Response, Network Interruption, Cyber Extortion and Privacy Regulatory coverages to your policy.
Brit Data Safe
Brit Data Safe provides Brit Insurance policyholders with a suite of risk management tools to proactively manage their exposure for the ever evolving world of data protection and privacy risk, providing the ability to respond quickly and effectively in the event of a data breach. Services include Online Compliance Materials, Newsletters, Instant Alerts and Training Modules. Not only is all this information at the click of button, there is a 24/7 Data Breach Reporting Hotline and Triage Service available to all policyholders.
We can provide up to US$15m (€15m, £10m CAD$15) of capacity.