Protect Your Personal Customers Against Cyber Threats

Acuity’s Identity Fraud Expense and Cyber Protection coverage is available to protect your personal lines insureds and any members of their household from financial loss caused by a cyber or identity fraud related event:

• Identity Fraud Expense reimburses for expenses incurred as a result of recovering one’s identity.
• Data Recovery and System Restoration coverage reimburses the cost to recover lost data and/or repair personal devices after a hacking attack.
• Cyber Crime coverage can apply to a variety of criminal activities, such as wire transfer fraud, credit card fraud, and phishing attacks.
• Cyber Extortion coverage reimburses in a situation where an insured may be denied access to a device until paying a ransom amount.
• Cyber Bulling coverage provides reimbursement for financial loss caused by online harassment or bullying. This is a first- and third-party coverage.
• Data Breach of Others coverage provides reimbursement for necessary costs associated with notification of others in the event a cyber event causes a breach in the personal information of others.
• Legal Expense and Damages Reimbursement protects against a suit alleging privacy breach or virus transmission.

Some of the most common scams involve social engineering where fraudsters convince their victims to send money via wire fraud or gift cards. With a $25,000 limit, Acuity’s Identity Fraud Expense and Cyber Protection endorsement can mitigate the financial loss often caused by these scams.

With the frequency of cybercrime continuing to trend upward, ensure your personal lines clients are protected by adding this $35 endorsement to each HO-3, HO-4, and HO-6 policy. You and your customers can access valuable cyber-related education by visiting our Cyber Knowledge Base.