Cyber Liability

Businesses are all too vulnerable to hackers who break into computers systems to interrupt business operations and steal confidential data. The effects of such a breach can be expensive and time consuming to correct. Loss of revenue from downtime, the investment in professional services and equipment to continue operations, correct file damage, and conduct public relations damage control measures, not to mention potential lawsuits from customers and clients, can truly drain a business. Markel Shand understands these situations and can even help businesses offer some incentive for bringing the guilty party to justice.

Our Hacker Liability and Hacker Loss to Insured policy provides innovative coverage designed to protect businesses from the devastating effects of a hacking incident.

Contact your Markel Shand Source One underwriter for more information.

• Medical facilities
• Insurance agencies / brokers
• Retailers - both online and traditional brick and mortar
• Professional service firms
• Internet based businesses

For a more complete listing of coverages, login to our broker website and visit SCOUT.

• Broad policy form for both first party losses and third party claims
• Responds to liability for identity theft, invasion of privacy or HIPAA violation or theft of data from a stolen laptop when resulting from unauthorized access
• Includes coverage for unauthorized access by an employee
• Supplementary Payments coverage available for Public Relations expense and Reward reimbursement

For complete terms and conditions, refer to the policy itself.  Coverage is subject to exclusions in the policy.