Virginia has been updated with the Hiscox’s latest cyber coverage enhancements effective July 1, 2020 .
If you have existing open offers in this state, please go back to re-quote and benefit from the latest coverage enhancements.
What is the coverage?
This is a Lloyd’s-backed policy that protects the Insured against losses resulting directly from employee and third-party fraud, such as:
- Employee theft
- Third-party robbery of funds or property
- Third-party documentary fraud
- Computer crime
- Social engineering (or cyber deception)
- Counterfeit currency
- Criminal damage to money of securities
- Legal costs
- Extortion
Who needs this coverage?
All businesses. This is not coverage that would be included in your typical insurance plan, and without this coverage your company would bear the costs of these fraud losses. You need to protect your company not only from external threats, but from internal ones as well.
What are some of the key/product coverage highlights?
Broad theft and computer crime cover, reduced exclusions, full limits of Social Engineering (or cyber deception), and coverage to an expansive list of target classes such as car dealerships, religious institutions, healthcare, and education, to name a few. Also, coverage extends to pension plans established, maintained and controlled by the insured company.
California has been updated with the latest cyber coverage enhancements effective June 1, 2020.
If you have existing open offers in this state, please go back to re-quote and benefit from the latest coverage enhancements.
Introducing Lawyers Professional Liability to our online product selection. This coverage is designed to protect small to medium-size law firms and individual practitioners from malpractice lawsuits resulting from professional services provided by the insured. Attorneys are highly exposed to the risk of being sued for professional negligence, and the costs to defend against such suits, whether fabricated or justified, could spell financial disaster for a practicing individual or law firm. Having this coverage is a judicious step toward preventing such an outcome. Policy holders will also have access to a creative team of experienced lawyers, dedicated underwriters and claims professionals who are experts in the law firm market. These specialists are dedicated to delivering the best outcome for the policy holder.
- Broad definition of claim and insured
- Predecessor firm coverage included
- Personal injury coverage
- First dollar defense available (no indemnity = no deductible payout by insured)
- Claims expenses outside the limits available
- 60-day extended reported period automatically applied
- Options for multiple extended reporting periods available
- Attendance coverage includes at trial, disciplinary proceedings, subpoena assistance and claim investigation upon underwriter approval
What is this coverage?
This is a new RPG designed expressly for a wide variety of amateur sports teams, leagues and tournaments. It complies with insurance requirements for venues and organizers and provides accident insurance to help injured players pay for medical bills.
Who needs it?
Your clients that manage amateur sports teams, leagues, and tournaments.
Isn’t this covered in other insurance plans?
Nope, that is highly unlikely. This is a niche insurance program completely specialized for this market.
Who runs this program?
RPS Bollinger Sports & Leisure group manages this Markel-backed RPG. RPS Bollinger is the exclusive Program Manager and TPA for this specialty insurance plan.
- Provides general liability
- Participant legal liability (sports liability)
- Accident coverage for participants
- Hired and non-owned automobile liability available
- Admitted carrier
- In-house accident claims TPA
- Additional insured certificates at no additional charge
- Minimum premium staring at $400