Cyber Ctrl Policy Highlights USD

*Cyber Ctrl*Policy highlightsCyber insurance policy highlights include protection against data breach, business interruption, reputational harmContents

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Policy HighlightsCyber Ctrl
TMK’s Cyber Ctrl insurance provides a comprehensive and flexible policy that will reimburse damages and financial losses arising from accidental or malicious incidents affecting your computer networks, software and data.Cyber Ctrl gives clients access to threat monitoring services from leading experts XCyber® in a streamlined and simplified wording. Our coverage is available globally with a maximum line size of USD25m.

Overview of cover
Data breach

Coverage for the theft of trade secrets resulting from a privacy breach, security breach or acts of cyber terrorism

Privacy breaches that are not linked to or triggered by a computer or electronic data breach, so customers are covered for paper file or other privacy breaches

Can claim incident response expenses for actual and suspected breaches

Costs to notify customers following a data breach, even where not required by law.

Business interruption

Business interruption covers total, partial and intermittent interruption

Contingent business interruption is covered as standard – the business interruption resulting from the failure of a third party’s computer system

The business interruption indemnity period is up to the date of full system restoration plus an automatic 30 days thereafter, subject to a maximum of 365 days

Extra expense incurred within the waiting period are subject to a monetary retention

Ability to reduce waiting period to six hour

Business interruption triggers include:

Power failure if the power supply is under the direct operational control of the Insured
Administrative and programming errors in the use of the computer system
Privacy breach
Security breach.

Business interruption loss calculation is based on an established Gross Earnings form.

Reputational harm

Responds to all types of media events

Business interruption loss calculation is based on an established Gross Earnings form

Public relations expenses to restore the brand.

Our cover does not exclude

Failure in architecture and design

Unlawful/unauthorised collection of data

Theft of Intellectual Property

Unencrypted mobile devices.

Other policy benefits

Full limits on all heads of cover

Multimedia coverage provides full media cover, including electronic and print media

Full payment card industry fines and assessments cover

Automatic 60 day ERP available

Duty to defend policy

Modular policy allows customers to easily add or remove covers

Simple cancellation clause with no short rate to apply

No retroactive date

Extortion payments can allow for payment via cryptocurrencies.

24-hour cyber incident hotline
Calling our 24-hour emergency hotline will give you immediate access to a leading, nationally recognised breach response firm who will:

Provide clear advice on any immediate steps that need to be taken

Where appropriate, promptly engage first class

IT forensic expertise to:

Establish the precise nature of the incident
Safeguard your digital assets
Get your systems back up and running
Preserve critical evidence, which may be needed to help defend third party claims or regulatory proceedings.

Following these initial steps, a breach response firm will then be on hand to:

Provide further guidance on how best to handle initial enquiries from data subjects

Liaise with law enforcement and the media

Where appropriate, robustly defend any resultant third party claims or regulatory proceedings

Ensure compliance with all relevant state privacy and data breach notification laws.

Extra services for peace of mind
XCyber®
XCyber® is a cyber intelligence company with over 200+ years of accumulated cyber experience gained from working with the British Government. Its team has advised numerous law enforcement and intelligence security services globally. Leveraging this experience enables them to provide expertly tailored cyber and intelligence services and solutions across many business sectors*.
*TMK’s Cyber Ctrl provides you with automatic access to this specialised service.

Sytorus
Sytorus, data protection specialists, can offer clients access to their Privacy Engine support package which can give Data Protection Officers all the help they need to complete the core tasks that will make their organisation compliant with the new EU General Data Protection Regulations (GDPR).About Tokio Marine Kiln
Tokio Marine Kiln is a leading international insurer with a reputation for specialist underwriting excellence, great people and innovative products. As part of one of the largest insurance groups in the world, our underwriters are empowered to assess each individual risk, to make on-the-spot decisions and to find the right solutions for our clients’ needs.

The ability to settle valid claims quickly and fairly in a human way is central to our business philosophy, and our adjusters are empowered to exercise their professional judgement to deliver an exceptional customer service.

Tokio Marine Kiln
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Firm Reference Number: 204909. Registered office is located at 20 Fenchurch Street, London EC3M 3BY Registered Number: 729671. Tokio Marine Kiln is a trading name.