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Home / Specialty Lines / Cyber Liability

Cyber Liability

Explore our specialty lines of coverage to learn more about unique risk exposures that could impact your business. 

Why is this important and what does it cover?

According to the National Cyber Security Alliance, 60% of hacked businesses, small or midsize, go out of business within six months. The vast majority of general liability policies exclude indemnity and defense for both first and third-party liability arising from: online bulletin boards, chat rooms, confidential or personal information and data-related liability. If your organization is handling personally identifiable information (PII) of employees, customers or vendors (either in paper format or digitally) consider developing best practices for risk transfer procedures in collecting, handling, storing and destroying PII.


Due to recent HUD regulations, many real estate owners, managers, and board members should be ultra-sensitive in managing online chat rooms and forums for their respective communities.  Successful management avoids allegations/lawsuits claiming harassment, discrimination, libel and slander which a standard, general liability policy rarely covers.

Claims Example:

Several condominium owners discovered that their tax returns had been filed fraudulently. After further discussion and investigation, they discovered that the breached occurred via the property management portal (third party vendor) which resulted in the release of several hundred resident's personally identifiable information. As a result, several residents decided to file suit for damages against the association and vendor.


Unfortunately for the association, their property management vendor contract did not indemnify or defend the association for data breaches and the association's general liability insurance included "confidential and personal information" exclusions. The association ended up paying over $95,000 in costs to defend and indemnify the impacted residents out of pocket.

Coverage Features:

  • 1st Party Liability

  • 3rd Party Liability

  • Credit Monitoring

  • Notification Costs

  • Defense Outside the Limits Available

  • Forensic Investigation Expense

  • Loss of Income

  • Cyber Extortion

  • Social Engineering

  • Breach Coaches

  • Public Relations Support

  • Access to Legal Counsel

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