TMCnet News
CapSpecialty Introduces New E&O Insurance to Protect Technology Providers from Unforeseen Cyber AttacksMIDDLETON, Wis., Jan. 29, 2015 /PRNewswire/ -- CapSpecialtySM announced today the launch of CapSpecialty TechMediaCyber (CapTMCSM), a new Professional Liability Errors & Omissions ["E&O"] product issued by Capitol Specialty Insurance Corporation that includes cyber protection and offers data privacy and network security coverage. With its expansive cyber policy language and broad professional services wording, CapTMC provides critical coverage for clients across the technology and cyber marketplace. The product is uniquely tailored to meet the needs of small and mid-sized businesses providing technology-related services or products like internet services and content dissemination. Product Features and Highlights
According to Alice Ergovich, Head of Miscellaneous and Tech E&O at CapSpecialty, "CapTMC was developed by a team of seasoned Technology E&O underwriters who understand the unique insurance needs of technology professionals. Our ability to tailor our coverage, provide personalized service and meet the needs of ou clients across the technology market positions CapSpecialty as a preferred provider of Technology E&O solutions." Adam Sills, Head of Professional Liability at CapSpecialty, said, "We are committed to making CapSpecialty the preferred specialty professional liability provider in the market. Products like CapTMC are developed with the input and close collaboration of our clients, helping to deepen our marketplace partnerships while better meeting the specific needs of our clients." For more information about CapSpecialty's Professional Liability solutions, visit CapSpecialty.com/PL. ABOUT CAPSPECIALTYSM CapSpecialty, Inc. is based in Middleton, Wisconsin and has offices nationwide. Insurance products are underwritten on the paper of Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation and Platte River Insurance Company. Our underwriting companies are subsidiaries of Alleghany Insurance Holdings LLC, part of Alleghany Corporation (NYSE: Y). You can find more information about CapSpecialty at CapSpecialty.com. CapSpecialtySM is the branding name for the Property, Casualty, and Specialty operations of CapSpecialty, Inc. and its subsidiaries. Products and services are written or provided by subsidiaries or affiliates of CapSpecialty, Inc. Not all products and services are available in every jurisdiction, and insurance coverage is governed by actual policy language. Certain products may be provided by a surplus lines carrier. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/capspecialty-introduces-new-eo-insurance-to-protect-technology-providers-from-unforeseen-cyber-attacks-300028235.html SOURCE CapSpecialty |