Greenwich Insurance Attorney Malpractice Insurance Cyber Suite Endorsement

Greenwich Insurance Attorney Malpractice policy can provide cyber insurance coverage for an additional cost. If the insured chooses not to pay the for the cyber suite endorsement the endorsement the attorney malpractice policy has an absolute cyber exclusion endorsement attached. Whether choosing an added endorsement to the attorney malpractice policy or selecting a standalone cyber policy, The following essential coverages are not part of an attorney malpractice policy.  An uninsured cyber event could bankrupt a law firm. It is important to not only have cyber insurance but have adequate limits to meet the law firm’s needs. Depending on the law firm’s needs, the limits, deductible or coverages of a cyber endorsement to an attorney malpractice policy may be inadequate.  If that is the case, a standalone cyber policy is the better option.

The Greenwich Cyber Suite Endorsement can provide 1^st and 3^rd party coverages.

The 1^st Party Coverages are:

·         Data Restoration

·         Data Re-creation

·         System Restoration

·         Loss of Business (Business Interruption)

·         Extended Income Recovery

·         Public Relations

·         Cyber Extortion

·         Misdirected Payment Fraud

·         Computer Fraud

·         Data Compromise Liability

·         Network Security Liability

·         Electronic Media Liability

·         Identity Recovery

The 3^rd party coverages are:

·         Forensic IT Review

·         Legal Review

·         Notification to Affected Individuals

·         Services to Affected Individuals

o   Information Materials for Individuals

o   Help Line

o   Credit Report and Monitoring

o   Identity Restoration Case Management

o   Public Relations

o   Regulatory Fines and Penalties

o   PCI Fine and Penalties

The above coverages are subject to the endorsement’s conditions, exclusions, limits and deductibles. Click here to review the complete Greenwich Cyber Suite Endorsement. Nothing in this blog implies proper coverage or modifies the endorsement’s coverage for an individual law firm as every law firm’s needs are unique.

CLICK HERE TO OBTAIN AN ATTORNEY MALPRACTICE OR CYBER INSURANCE QUOTE

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     (616) 940-1101 Ext. 7080