Commercial Lines

• Employee theft: losses of money, securities and other property cause by theft or forgery by an employee.
• Premises cover: losses sustained due to the destruction, disappearance or abstraction of money and securities within or from the insured's premises by third parties.
• In Transit cover: losses sustained due to the destruction, disappearance or abstraction of money and securities outside the Insured's premises by a third party, while being conveyed by the insured or any authorised person.
• Forgery cover: losses resulting from instruments which have been fraudulently drawn upon the company's accounts by a third party.
• Computer fraud cover: losses resulting from the unlawful taking or fraudulently induced transfer of money, securities or property through the use by a third party of a computer network and facilities either owned and operated or leased and operated by an Insured .
• Funds transfer fraud cover: losses sustained by an insured resulting from fraudulent instructions issued to an financial institution by a third party directing them to transfer or pay or deliver money or securities from the Insured's bank account without the insured's knowledge and consent.
• Counterfeit currency fraud cover: losses sustained by the Insured where the insured accepts in good faith and in the ordinary course of business either counterfeit currency or a postal or money order supposedly issued by the post office but not paid upon presentation.
• Credit card fraud cover: losses sustained by an insured resulting from the forgery or alteration of any written instruction by a third party, required in connection with any credit card issued to an Insured to any employee or partner of an insured that is a partnership.
• Client cover: losses sustained by a client resulting from theft fraud or dishonesty by an employee not in collusion with the client's directors or employees.
• Expense cover: covers investigative costs or computer violation expenses incurred in establishing the existence and amount of any direct loss in excess of the deductible

• Employee steals property and cash from employer
• Controller confesses to writing company cheques to himself totaling over $90,000
• The office bookkeeper of a small plastics manufacturer issued cheques payable to a shell company (she created) from company funds of approximately $100,000 over a period of 3 years

Information security and privacy liability: provides coverage for claims alleging 1) a violation of privacy law, 2) for your company's inability to protect someone else's confidential information 3) failure of your computer system to prevent the damage or destruction of data, 4) failure to prevent the transmission of malicious code or 5) participation in a dedicated denial of service attack and more.

Regulatory defense and penalties: provides coverage for situations where regulators pursue your company as the result of a data security breach.

Website media content liability: provides coverage for damages and claims expenses you are legally obligated to pay as the result of a claim arising from the display of media material on your website social media web pages. Potential allegations can include defamation, libel, slander, copyright infringement, trademark infringement and more.

Payment card industry (PCI) fines and costs: reimburses you for PCI fines, expenses and costs you become legally obligated to pay as the result of a claim.

* The descriptions above are general descriptions to assist you in better understanding this coverage. Please review the actual policy forms for the specific details. As with any policy, these key terms are subject to exclusions, definitions and other provisions that can limit how the coverage is to be applied.

Notification services: provides notification to individuals who are required, under a breach notice law, to be notified of a breach of their private information.

Call center services: provides a call center to answer calls from affected individuals about a breach following notification.

Breach resolution & mitigation services: provides credit monitoring, identity monitoring, or other solutions to fit the breach event to notified individuals. This also includes fraud resolution and fraud support services, where needed.

Computer expert services: in the event that external forensics assistance is needed to assess the impact of a data incident on your computer system, this provides computer expert services to help to determine whether, and the extent to which, notification must be provided to comply with breach notice laws, and, if applicable, give advice and oversight in connection with the investigation conducted by a PCI Forensic Investigator.

Legal services: if an incident occurs that might require notification under relevant breach notice laws or regulations, specific Legal Services are provided to assist you in investigating and responding to the incident.

Public relations and crisis management services: pays for specific costs which are directly related to mitigating harm to your reputation including the costs of a PR or crisis management consultant.

Cyber extortion: provides coverage for a loss as a result of a threat to breach computer security and cause certain damages unless an extortion payment is made.

Data protection loss: indemnifies you for the recreation costs when data assets are altered, destroyed or corrupted do to a data security event.

Business interruption loss: indemnifies you for the income loss and extra expenses you incur as a result of the actual and necessary interruption or suspension of your computer systems that results from the failure of your systems to prevent a data security breach.