Cyber
The use of information technology in today's business world continues to grow. With that comes increasing opportunity for cyber criminals. Milnco Insurance provides comprehensive cyber coverage to help protect your clients against reputation harm, notification expenses, and costly system interruptions caused by a cyber security event.
Milnco Cyber Enhancement Coverage:
- Automatically added for qualified risks
- No application required
- New Provider And Enhancements effective Jan 1, 2025
- BOXX Hackbusters Breach Response
Product Highlights:
- $250,000 and $500,000 Third Party Privacy Breach Liability Options
- Includes Network Security Liability and Regulatory Defense and Awards coverage
- $25,000 First Party Breach Expense Limit
- Includes Notification Costs, Incident Forensic Costs, Credit Monitoring Costs and Public Relations Cost
- $50,000 Cyber Extortion
- 24/7 Cyber Breach Response Services
Stand Alone Cyber Coverage:
Product Highlights:
- Limits up to $10,000,000 available
- 1st and 3rd Party Coverage
- Social Engineering and Computer Crime Theft
- Notification Expenses
- Crisis Communication Costs
- Reputation Harm
- Liability Extended to cloud providers and external vendors
- Coverage for regulatory actions and investigations
- Technology Errors and Omissions
- Court Attendance Costs
- Stand Alone and Package Polices available