Cyber & Terror Response

Starr Cyber & Terror Response provides coverage for middle market businesses that enhances general liability and/or property policies by covering security-related perils that severely impact, interrupt, and/or damage businesses’ physical locations, operations, and employees.

Cyber & Terror Response is designed to provide a blend of first-party and third-party coverage resulting from Cyber Attacks, Workplace Violence incidents, Political Violence, and Terrorism. 

The policy also provides coordination for related and necessary consulting services to help a business restore operations following a covered event. Service highlights include post-event crisis counseling and medical care, public relations, security analysis and advisory services.  

This unique offering is intended to complete coverage provided by Property and Casualty policies by filling critical coverage gaps relating to cyber-attacks and security related events in traditional general liability, workers compensation, and property policies.

Cyber & Terror Response is designed with middle market business in mind.

Target Classes:

  • Manufacturing
  • Hospitality, including restaurants and hotels
  • Commercial Real Estate
  • Retail and Wholesale
  • Food and Beverage manufacturers

Coverage Highlights: 

  • Cyber Security Expense & Liability
    • Third-party liability claims stemming from a security failure on the part of the Insured.
    • Privacy Crisis response expenses in the event of a data breach (expenses covered include notifications, credit monitoring, and forensics).
    • Costs expended to respond to a cyber extortion threat.
  • Political Violence and Terrorism
    • Provides coverage for first-party Property Damage (PD), Business Interruption (BI) losses, Contingent Business Interruption (CBI), 
    • Third-party liability losses resulting from an act or hoax of politically-inspired violence (strikes, riots, civil commotion, sabotage) and terrorism.

  • Workplace Violence Expense
    • Reimburses expenses resulting from any Workplace Violence incident involving an Insured Person.
    • Reimburses expenses include (but are not limited to) Workplace Violence and Stalking Threat Expenses (to include Security Consultants/Guards, Public Relations Consultant, Counseling Seminars, Salaries, Medical Benefits, etc.), Business Interruption Loss, Temporary Business Relocation, Loss of Life Benefit, and Defense Costs.

  • Crisis Response Expenses
    • Reimburses Crisis Response costs and/or Crisis Management costs that are a result of Bodily Injury, Property Damage, or Imminent Injury arising out of a crisis event
    • Reimburses Crisis Response and Management costs include (but are not limited to) Crisis Transportation Expenses, Crisis Psychology Expenses, Funeral Expenses, Expenses incurred to secure the scene of a crisis event, Threat Expenses.

Limits:

Policy Aggregate limits of up to $25M are available. 

Sub-limits will be applied to various sections and/or elements of loss depending on the Policy Aggregate limit and the characteristics of the risk.

Application for coverage can be found in Related Assets.

Submission can be sent to CTResponse@starrcompanies.com