ACI Key Coverages and Enhancements

Incident Response	Business Interruption	Data Recovery & Bricking
Covers broad category of fraud protection & notification services including voluntary	Covers loss of income and extra expenses because of interruption to the insured’s or a service provider’s network	Covers costs to recover, repair, replace or recreate data and software and replace bricked hardware
Incur loss before consent for first 72 hours	Waiting Period is a qualifying trigger with sterling retention for middle market and large businesses	Data coverage is not limited to restoration from backups
	BYOD, voluntary shutdown and continuing operating costs	Bricked hardware includes broad list of computing and personal devices and data storage hardware
	Non IT service provider coverage	Betterment up to 25%
	Cloud service outage	Operational Technology coverage can be added
	Public utility outage can be added
	Forensic accounting costs
	Interim payment of undisputed loss
	180 day period of restoration

ACI Key Coverages and Enhancements

Extortion	Crime	Reputational Harm
Coverage for ransom demand and related costs to investigate and respond	Covers financial loss resulting from cyber crimes including computer fraud, social engineering, diverted receivables, theft of telecom, data transmission and utility services (cryptojacking)	Covers loss of income because of customer attrition and brand harm resulting from adverse publicity from any cyber event
Legal representation to communicate with law enforcement and comply with OFSI and other laws restricting payment of ransom	Funds transfer fraud can be added	Not limited to data breach events
Incur sublimited loss before consent for first 72 hours	Costs to investigate, reverse or correct monetary transfers	12 month Period of Restoration
Information reward reimbursement	Authentication requirement on social engineering claims can be deleted

ACI Key Coverages and Enhancements

Liability & Regulatory Actions	PCI-DSS	Tech E&O
Coverage for civil and regulatory liability because of any failure of security or failure to protect personal or third party confidential information	Coverage to respond to PCI-DSS violations	Tech E&O can be added
Broad category of protected personal information scales to meet any regulatory requirement	Triggers for actual or suspected breach	Unintentional breach of contract
Collection, use and handling violations, not limited to a data breach	Card reissuance and recertification costs	Software copyright infringement
Civil liability for biometric information can be added	Administrative reimbursement costs that are payable by Insured

ACI Key Coverages and Enhancements

Media Liability	General Terms & Conditions
Coverage for media torts arising out of publication and communication in any form including libel, slander, defamation, emotional distress & outrage, infringement of the right of privacy or publicity, infringement of copyright and misappropriation of idea	Single highest retention if more than one coverage is triggered
	Rogue employee and imputation and severability conditions geared to preserving coverage

Disclaimer

Coverage is underwritten by one or more subsidiaries of AXIS Capital Holdings Limited, whose financial strength and ratings are available at https://www.axiscapital.com/who-we-are/financial-strength-ratings. Coverage may not be available in all jurisdictions and may be available only through appropriately licensed producers. In Canada, coverage is underwritten by AXIS Reinsurance Company (Canadian Branch) which is supervised by the Office of the Superintendent of Financial Institutions in Canada and licensed in all provinces and territories. The Branch is operated by AXIS Reinsurance Company, a New York company licensed in all 50 of the United States and the District of Columbia. In the EU and United Kingdom, AXIS Managing Agency Ltd (“AMAL”) is registered in England (Company Number 08702952) with registered office at 52 Lime Street, London, EC3M 7AF. AMAL is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Firm Reference Number 754962). AMAL manages Syndicate 1686 and is additionally subject to the supervision of the Society of Lloyd's. The Syndicate also benefits from the strength of the Lloyd's brand, its network of global licenses and the Lloyd's Chain of Security. In the United States, coverage is underwritten by AXIS Insurance Company, an Illinois property and casualty company licensed in all 50 states of the United States and the District of Columbia; or, in some instances, by AXIS Surplus Insurance Company, an Illinois domestic surplus lines insurance company, available only through licensed surplus lines brokers. Surplus lines insurers do not participate in state guaranty funds and insureds would not be protected by such funds.

This information is intended for use by licensed insurance producers.