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Home > Blog > Greenwich Insurance Attorney Malpractice Insurance Cyber Suite Endorsement
MONDAY, MARCH 27, 2023

Greenwich Insurance Attorney Malpractice Insurance Cyber Suite Endorsement

2020 Greenwich Cyber Suite Endorsement Page One

Greenwich Insurance Attorney Malpractice policy can provide cyber insurance coverage for an additional cost. If the insured chooses not to pay the for the cyber suite endorsement the endorsement the attorney malpractice policy has an absolute cyber exclusion endorsement attached. Whether choosing an added endorsement to the attorney malpractice policy or selecting a standalone cyber policy, The following essential coverages are not part of an attorney malpractice policy.  An uninsured cyber event could bankrupt a law firm. It is important to not only have cyber insurance but have adequate limits to meet the law firm’s needs. Depending on the law firm’s needs, the limits, deductible or coverages of a cyber endorsement to an attorney malpractice policy may be inadequate.  If that is the case, a standalone cyber policy is the better option.

The Greenwich Cyber Suite Endorsement can provide 1st and 3rd party coverages.

The 1st Party Coverages are:

·         Data Restoration

·         Data Re-creation

·         System Restoration

·         Loss of Business (Business Interruption)

·         Extended Income Recovery

·         Public Relations

·         Cyber Extortion

·         Misdirected Payment Fraud

·         Computer Fraud

·         Data Compromise Liability

·         Network Security Liability

·         Electronic Media Liability

·         Identity Recovery

The 3rd party coverages are:

·         Forensic IT Review

·         Legal Review

·         Notification to Affected Individuals

·         Services to Affected Individuals

o   Information Materials for Individuals

o   Help Line

o   Credit Report and Monitoring

o   Identity Restoration Case Management

o   Public Relations

o   Regulatory Fines and Penalties

o   PCI Fine and Penalties

The above coverages are subject to the endorsement’s conditions, exclusions, limits and deductibles. Click here to review the complete Greenwich Cyber Suite Endorsement. Nothing in this blog implies proper coverage or modifies the endorsement’s coverage for an individual law firm as every law firm’s needs are unique.

CLICK HERE TO OBTAIN AN ATTORNEY MALPRACTICE OR CYBER INSURANCE QUOTE

Lee

 
 
   Contact Me Today
   Lee Norcross, MBA, CPCU
   California License # 0D87292
    L Squared Insurance Agency, LLC ® DBA in California as
   L2 L Squared Insurance Agency, License # 0L93416

    Managing Director, CEO
    Click here to contact Lee Norcross, MBA, CPCU, CPIA

     (616) 940-1101 Ext. 7080

 
Posted 2:31 PM

Tags: attorney malpractice insurance, greenwich cyber suite endorsement
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