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Data Compromise and CyberOne™ Endorsements Now Available

May 14, 2014 -  Liberty Mutual Insurance is now offering its small business customers Data Compromise and CyberOne endorsements for its BOP product available on the company’s eCLIQ® policy administration platform.

The Data Compromise endorsement carries an annual aggregate limit of $50,000 and is a first party coverage for expenses resulting from a personal data breach. The coverage provides an insured the ability to obtain critical assistance and protections when personal identifying information has been breached.  This can include costs associated with notifying applicable parties of a breach, credit monitoring services, identity restoration case management services, and help line services. The endorsement includes sub-limits of $5,000 for both legal and forensic information technology reviews as well as crisis communications services.

CyberOne carries an annual aggregate limit of $50,000 and provides third party defense and liability coverage for suits and damages resulting from a data breach. CyberOne also carries an additional $50,000 annual aggregate limit that expands first-party coverage for costs associated with data and systems restoration resulting from a cyber attack.

“Small businesses are increasingly vulnerable to data breaches as they often lack risk management resources and adequate system protections and upgrades, which makes them more susceptible to attacks,” said Gary DelBuono, senior vice president, Commercial Insurance, Product Management. “To better safeguard their reputational and financial livelihoods, we’re pleased to offer these important cyber coverages.”

Liberty Mutual also provides policyholders with these coverages complimentary access to eRISK Hub®, a data breach portal that offers an Incident Response Plan roadmap and risk management resources for businesses to conduct self-assessment of their cyber risks as well as state-specific data breach notification requirements.    
About Liberty Mutual Insurance

"Helping people live safer, more secure lives" since 1912, Boston-based Liberty Mutual Insurance is a diversified global insurer and the third largest property and casualty insurer in the U.S. based on 2012 direct premiums written as reported by the National Association of Insurance Commissioners.

Liberty Mutual Insurance also ranks 81st on the Fortune 100 list of largest corporations in the U.S. based on 2012 revenue.  As of December 31, 2013, Liberty Mutual Insurance had $121.2 billion in consolidated assets, $102.2 billion in consolidated liabilities, and $38.5 billion in annual consolidated revenue.

Liberty Mutual Insurance offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety.  Liberty Mutual Insurance ( employs more than 50,000 people in approximately 900 offices throughout the world.

Contact: Christopher Goetcheus, 774-279-5923

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