Tech//404®v2 and Privacy//403SMv2
Business risks are constantly evolving. That's why Allied World created Tech//404v2 and Privacy//403v2.
TECH
Tech//404v2 is the first specialty liability insurance product of its kind to fully address the technology and information risks of technology-dependent organizations and providers alike. This comprehensive, yet easy to understand policy includes coverage for the three major areas of liability: technology errors and omissions (E&O), privacy and security liability, and media liability.
Beyond identity theft, exposures such as malicious codes, hackers, intellectual property theft and network failures have become mission-critical exposures for every modern company. With the ever-changing threats technology poses to all companies using not only the Internet, but also their local email, it is vital for organizations looking for coverage to understand the scope of technology-related business risks and the financial impact associated with lost data.
Use the Tech//404v2 Data Loss Cost Calculator to estimate the potential negative financial impact on an organization faced with a data loss scenario.
To review a list of recent data loss incidents please refer to the Data Loss Archive. The Data Loss Archive is a service provided by www.attrition.org and used with permission.
PRIVACY
Privacy//403v2 is the next generation of privacy and network security coverage from Allied World; it includes new insuring agreements for notification and credit monitoring costs (up to $25 million in limits), as well as crisis management, network extortion and data forensic expenses. If a business handles sensitive information, they can depend on Privacy//403v2 for total protection. This product is designed specifically for non-technology companies, such as financial institutions (banks and other commercial/consumer lenders) and healthcare organizations (both provider entities and healthcare management companies), as well as retailers, utilities and insurance companies.
For additional information on these products, click on Privacy//403v2 and Tech//404 for pdf downloads.
If you have any questions please contact:
Adam Sills
646.794.0654
adam.sills@awac.com
