Berkley Cyber Risk

  • A+ rated insurance carrier
  • Depth of Experience – average tenure of senior staff over 25 years
  • Industry leading coverage solutions – 12 separate insuring agreements to choose from
  • Dedicated claims department – singular focus
  • Broad breadth of industry classes insurable
  • Relationships with industry-leading post-breach service providers
  • Policy provision to reimburse policyholders for expenses to mitigate likelihood or severity of an event
  • Responsive service

Financial Strength Ratings

AM Best

A+

S&P

A+

MOODY'S

A2
Claim Department, Berkley Cyber Risk Solutions

412 Mount Kemble Avenue, Suite G50
Morristown, NJ 07960

claims@berkleycyberrisk.com

What do we know about Berkley Cyber Risk Solutions

Berkley Cyber Risk Solutions provides first and third party cyber coverage for emerging cyber exposures, complemented by pre and post-breach services. Berkley Cyber Risk Solutions team consists of experienced professionals that delivers comprehensive cyber coverage and data breach protection to commercial insureds of all sizes and industries. Berkley Cyber Risk Solutions products and services are written or provided by subsidiaries and affiliates of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Certain coverages may be provided by surplus lines insurers and distributed only by properly licensed surplus lines brokers. In California: Berkley Cyber Risk Solutions operates as a division of Berkley Managers Insurance Services, LLC CA License #0H05115

Berkley Cyber Risk Cyber Insurance Overview

Berkley Cyber Risk Solutions's singular focus of viewing cyber as a peril allows it to constantly refine and update new coverage options for emerging risks and trends and be responsive to client specific coverage and service needs. Combining underwriting expertise and dedicated claims handling, coordinated with the data breach response team reinforces client confidence of receiving superior products and services. Berkley Cyber Risk Solutions risk management and loss control services assist companies with preventing cyber breaches from occurring in the first instance (pre-breach) and help limit the reputational and financial impact of an actual cyber breach (post-breach).

Liability Coverages

Data Security and Privacy

Coverage for third party claims made by individuals or entities, and alleging failure to prevent unauthorized access or use of a computer system, transmission of malicious code or virus, a Denial of Service Attack, or failure to protect confidential information.

Regulatory

Coverage for third party claims made by governmental entities, including state, local, federal or foreign, alleging a violation of a privacy law resulting from a failure to protect confidential information.

Payment Card Industry (PCI)

Coverage for third party breach of contract claims made by a party to a Merchant Service Agreement/Credit Card Processing Agreement and alleging failure to protect confidential information in accordance with payment card security standards.

Cyber Media

Coverage for third party claims alleging publication of content that results in defamation, invasion of privacy or infringement of intellectual property rights.

First Party Coverages

Data Breach Response

Coverage for expenses the insured incurs to investigate and respond to unauthorized access or use of a computer system, transmission of malicious code or virus, a Denial of Service Attack, or failure to protect confidential information, including expenses to comply with any local, state, federal or foreign breach notice statute.

Business Interruption

Coverage for loss of profits and extra expense due to disruption in business operations resulting directly from unauthorized access or use of a computer system, transmission of malicious code or virus, or a Denial of Service Attack.

Contingent Business Interruption

Coverage for loss of profits and extra expense due to disruption in business operations resulting directly from a dependent business’ computer system experiencing unauthorized access or use, transmission of malicious code or virus, or a Denial of Service Attack.

System Failure Business Interruption

Coverage for loss of profits and extra expense due to disruption in business operations resulting directly from an unplanned or unexpected outage of a computer system.

Reputation Income Loss

Coverage for loss of profits due to adverse publicity regarding failure to protect confidential information.

Ransomware Extortion

Coverage for expenses the insured incurs to investigate and respond to a threat to cause unauthorized access or use of a computer system, transmission of malicious code or virus, a Denial of Service Attack, and failure to protect confidential information.

Cyber Crime

Coverage for loss of funds transferred as a direct result of fraudulent input, deletion or change of data in a computer system by an unauthorized third party.

Social Engineering

Coverage for loss of funds transferred in response to a fraudulent instruction.

This information is for marketing purposes only and is not a complete description of all products and services offered by Berkley Cyber Risk Solutions. Not all products and services in every jurisdiction and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Berkley Cyber Risk Solutions is a member of a company of W.R. Berkley Corporation.

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