You’ve been hearing about the threat of cyber attacks for years. Why consider cyber insurance now? Attacks are happening in Canada with greater frequency and criminals are targeting public entities and other not-for-profit organizations. It’s becoming more and more important to have a plan in place for when a cyber incident occurs. When you partner with Frank Cowan Company, you’ll be receiving best in class cyber insurance coverage backed by a strong insuring partner and hands-on value-added services including dedicated claims handling.
- Multimedia Liability up to $1,000,000
- Security and Privacy Liability up to $1,000,000
- Privacy Notification Cost and Crisis Management Costs up to $1,000,000
- Emergency Response Costs up to $1,000,000
- Extortion Demands up to $1,000,000
- Regulatory Investigations up to $1,000,000
- Business Interruption up to $1,000,000
- Loss of Electronic Data up to $1,000,000
- Loss Adjustment Costs up to $1,000,000
- Court and Hearing Costs $2,000/day up to $1,000,000
*Packages from $100,000 up to $5,000,000 each Claim and Aggregate Available
Cyber Toolkit – It's all right here
We understand that cyber insurance can be complicated. We're here to help. We've built this Cyber Toolkit as a resource to support Specialty and Public Entity organizations.
Cyber Risk Insurance Applications
There are many different ways to experience a data breach or business interruption event. Click here for examples that demonstrate how organizations can be impacted by them and how Frank Cowan Company’s Cyber Insurance policy may respond.
If you need to report a cyber claim, call 1-844-660-4903 and follow the steps outlined here.
In the News
Cyber Insurance is the Cornerstone of a Culture of Security – our in-house experts talk about cyber insurance in the Manitoba Insurance Broker (see page 23).
Frank Cowan Company Releases Enhance Cyber Insurance Product and Service. Read press release here.
Ransomware continues to handcuff the operations of non-profits and public entities – our in-house experts talked to Insurance Business Canada on the importance of cyber insurance.
Templates from Our Centre of Excellence
A Guidance Document for Insurance Requirements in Various Contracts
Shared Data/Network Agreements and Technology Vendor Contract templates.
Cyber Security Policy and Procedures
This template will assist with creating plociy and procedures to meet the needs an organization.
Note: These documents are available to Centre of Excellence members only. Click here to register.