Compelo Insurance is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More
Close
Dismiss

Endurance Insurance offers new enhanced network security and privacy coverage

Endurance Specialty Holdings, a Bermuda-based provider of property and casualty insurance and reinsurance, has enhanced its Endurance Premier Professional product with Endurance Breach Assist, a network security and privacy offering.

Endurance Specialty Holdings, a Bermuda-based provider of property and casualty insurance and reinsurance, has enhanced its Endurance Premier Professional product with Endurance Breach Assist, a network security and privacy offering.

The insurer said that Endurance Breach Assist provides insureds with comprehensive coverage in the event of a data breach, including self-funded access to tools and resources to prepare for and respond to breach events.

The new offering by Endurance Pro is targeted at middle market clients with a focus on retail, healthcare, financial institutions and professional services firms.

Endurance Breach Assist coverage will be offered outside the Endurance Premier Professional policy limit and can be denominated by either dollar amount or by number of affected individuals.

According to Endurance, the coverage will include: breach assist legal counsel; forensic investigation; communications to regulatory agencies and customers; call centers to handle customer inquiries; and credit monitoring and restoration services.

Endurance said that Breach Assist legal counsel will be accessible through a hotline to assist in developing an action plan and engaging an appropriate team of experts to direct and perform the above response activities.

Endurance CEO for US insurance, Douglas Worman, said: "The launch of this new cyber liability product demonstrates Endurance’s commitment to this developing risk area.

"Our dedicated team, which includes a number of industry leaders in this space, expects to introduce additional innovative solutions to meet the evolving network security and privacy needs of the market."