MORRISTOWN, N.J.: Berkley Cyber Risk Solutions, a Berkley Company, is proud to announce our new Incident Responder Enhancement Endorsement, which addresses the often-overlooked human impact from responding to cyber breach events. This endorsement can provide reimbursement for cancelled vacations, child/elder care, and corporate safety costs incurred by incident response teams who are on the front lines of these crises, and includes our market-leading Crisis Counseling coverage. These new coverages come with a $0 retention and are provided outside the limits of liability.

“In addition to the high demands that our insureds experience during breach events, our Claims team recognized other points of stress that can negatively impact the remediation process. The financial burdens faced by employees on the front lines of breach events can inhibit their ability to address the crisis without distraction,” said Rich Sheridan, Chief Claims Officer of Berkley Cyber Risk Solutions.

“We believe that this additional coverage will help ease some of the overlooked burdens that incident responders are forced to handle when tasked with managing tense cyber crises,” said Tracey Vispoli, President of Berkley Cyber Risk Solutions.

About Berkley Cyber Risk Solutions

Berkley Cyber Risk Solutions, a Berkley Company, is solely dedicated to providing innovate cyber insurance products and loss prevention services to customers in all industries, and of all sizes. For more information about the products and services offered by Berkley Cyber Risk Solutions, please visit www.berkleycyberrisk.com.

Products and services are provided by one or more insurance company subsidiaries of W.R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Certain coverages may be provided through surplus lines insurance company subsidiaries of W.R. Berkley Corporation through licensed surplus lines brokers. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. Berkley Cyber Risk Solutions conducts business in California as Berkley Managers Insurance Services, LLC, a licensed surplus lines broker (Lic. No. 0H05115).

Fonte: Business Wire