NAS Insurance

  • A rated insurance carrier
  • Specialty product innovation since 1975
  • 180+ employees across 4 US offices
  • Expert cyber claims handling
  • Free Pre-breach Expert Consultation
  • Additional Defense Costs (outside the limit) built into the policy
  • Telephone Consumer Protection Act (TCPA) Defense Coverage
  • System Failure Coverage for Insured’s Service Providers
  • Reward Expenses for informants providing information about a cyber incident
  • Built-in Breach Event Costs (outside the limit)
  • Post-breach Remediation Costs

Financial Strength Ratings

AM Best

A Class XV

S&P

A+
Claim Department, NAS Insurance

16501 Ventura Blvd. Suite 200
Encino, CA 91436

claims@nasinsurance.com

1-888-627-8995

What do we know about NAS Insurance

NAS Insurance is a unique specialty insurance underwriter. For over 40 years, we have been committed to driving the industry forward with innovative insurance products and programs. Bridging London capital and US distribution, NAS is one of the largest Lloyd’s coverholders. NAS operates across the United States with headquarters in Los Angeles and offices in New York, Chicago, and Atlanta.

NAS Insurance Overview

Our 2018 NetGuard® Plus cyber liability insurance policy has been re-engineered to help businesses of all sizes combat cybercrime and address emerging cyber risks. With our broadest coverage yet, the NAS cyber liability insurance solution is an effective combination of great coverage, state-of-the-art risk mitigation services, and unparalleled support from our in-house claims experts.

Liability Coverages

Multimedia Liability

Duty to defend coverage for third-party claims alleging liability resulting from the dissemination of online or offline media material, including claims alleging copyright/trademark infringement, libel, slander, plagiarism or personal injury.

Security and Privacy Liability

Duty to defend coverage for third-party claims alleging liability resulting from a security breach or privacy breach, including failure to safeguard electronic or non-electronic confidential information or failure to prevent virus attacks, denial of service attacks or the transmission of malicious code from an insured computer system to the computer system of a third party.

Privacy Regulatory Defense and Penalties

Duty to defend coverage for regulatory fines and penalties and/or regulatory compensatory awards incurred in privacy regulatory proceedings/investigations brought by federal, state, local, or foreign governmental agencies, such as
proceedings/investigations alleging HIPAA violations.

PCI DSS Liability

Duty to defend coverage for assessments, fines, or penalties imposed by banks or credit card companies due to non-compliance with the Payment Card Industry Data Security Standard (PCI DSS) or payment card company rules.

TCPA Defense

Coverage for the defense of claims alleging violation of the Telephone Consumer Protection Act, the Telemarketing and Consumer Fraud and Abuse Prevention Act, the CAN-Spam Act, or any similar federal, state, local or foreign law regulating the use of telephonic or electronic communications for solicitation purposes.

First Party Coverages

Breach Event Costs

Coverage for reasonable and necessary mitigation costs and expenses incurred as a result  of a privacy breach, security breach or adverse media report, such as legal expenses, proactive and reactive public relations expenses, IT forensic expenses, breach notification costs (including voluntary notification costs), and the cost to set up call centers and provide credit monitoring and identity theft assistance.

Post Breach Remediation Costs

Coverage for post-breach remediation costs incurred to mitigate the potential of a future security breach or privacy breach.

BrandGuard®

Coverage for loss of net profit incurred as a direct result of an adverse media report or notification to affected individuals following a security breach or privacy breach.

System Failure

Coverage for (1) reasonable and necessary amounts incurred to recover and/or replace electronic data that is compromised, damaged, lost, erased, corrupted or stolen and (2) business income loss and interruption expenses incurred due to an unplanned outage, interruption, failure, suspension, or degradation of service of an insured computer system, including any such incident caused by a hacking attack.

Dependent System Failure

Coverage for (1) reasonable and necessary amounts incurred to recover and/or replace electronic data that is compromised, damaged, lost, erased, corrupted or stolen and (2) business income loss and extra expenses incurred due to an unplanned outage, interruption, failure, suspension, or degradation of service of a service provider computer system that is caused by specified cyber perils, including a denial of service attack, malicious code, and acts of cyber terrorism.

Cyber Extortion

Coverage for extortion expenses incurred and extortion monies paid as a direct result of a credible cyber extortion threat.

Cyber Crime

Coverage for (1) loss of money or securities incurred due to financial fraud, including wire transfer fraud; (2) charges incurred for unauthorized calls resulting from fraudulent use of an insured telephone system; and (3) your loss of money, securities, or other property due to phishing attacks, expenses incurred to notify customers of phishing attacks directed against you, and the cost of reimbursing customers or clients for their losses that result from phishing attacks against you.

Reward Expenses

Coverage for reasonable amounts paid to an informant for information not otherwise available, which leads to the arrest and conviction of a person or group responsible for a privacy breach, security breach, system failure, cyber extortion threat, financial fraud, telecommunications fraud, or phishing attack.

Court Attendance Costs

Coverage for reasonable costs incurred to attend court, arbitration, mediation, or other legal proceedings or hearings as a witness in a claim covered under the policy.

This information is for marketing purposes only and is not a complete description of all products and services offered by NAS Insurance. Not all products and services in every jurisdiction and the precise coverage afforded by any insurer are subject to the actual terms and conditions of the policies as issued.

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Running a business is challenging enough without having to worry about cyber liabilities and lawsuits. You are one click away from getting the vital coverage your business needs.