Berkley Asset Protection Announces Partnership with Berkley Re Direct and IDT911™ to Provide Insureds with Data Breach and Identity Theft Assistance
Collaboration provides comprehensive breach, cyber coverage and services for museums and jewelry and fine art businesses
SCOTTSDALE, Ariz., Sept. 13, 2016 /PRNewswire/ -- Berkley Asset Protection (BAP) is pleased to announce a new partnership with Berkley Re Direct and IDT911™, a leading provider of services which help businesses defend against data breaches and identity theft. Together, the services will help jewelry, art dealers and museums protect their customer base from the damage a breach can have on their reputation, time and bottom line.
Driven by increasing demand for solutions to protect against the growing numbers and types of cyber risks, BAP sought the ability to deliver appropriate coverage and services to high value asset coverage policyholders. Through IDT911 DataRiskStages™ services and Berkley Re Direct, BAP can now help policyholders significantly decrease the risk of a breach or mitigate the effects if a breach does happen.
"In today's digital age, businesses of all sizes are required to safeguard their customers' data and most states have notification laws in place requiring businesses to notify those affected," said Joseph LaRocca, Assistant Vice President. "Our new cyber related coverages and services give agents and policyholders assurance that they have experts available to offer guidance and help them recover if a breach occurs."
IDT911 DataRiskStages services help avoid and manage a breach through pre- and post-breach event education, prevention and remediation.
Pre-breach content includes everything from data protection tips and real breach scenarios, to easy-to-use calculators to assess breach vulnerability, data security weaknesses, and even third-party vendor risks. Access is available 24/7 via an individually branded site, so users can access planning guides, incident response templates, and current breach regulations anytime, anywhere.
Post-breach, the service delivers intuitive, easy-to-follow breach response guidance. DataRiskStages provides active user prompts on current breach status, with clear calls-to-action to begin the response process. If it has been determined a breach has occurred, users have resources for breach response support, notification compliance, and breach victim remediation services. Additionally, the platform provides commercial customers with intuitive post-breach response guidance designed to quickly connect an organization experiencing a breach with IDT911's leading team of data breach response and resolution advisors.
For information about fine art and jewelry insurance, visit www.BerkleyAssetPro.com.
To learn more about how IDT911 services can help attract and retain customers, increase brand loyalty, and generate revenue, visit www.idt911.com.
About Berkley Asset Protection
Berkley Asset Protection Underwriting Mangers, a member of W.R. Berkley Corporation, was created in 2008 to provide jewelers block, fine art, commercial property and liability, workers comp, and specie insurance for companies with high-value asset exposures. The company also insures individuals' collections and writes on behalf of four W.R. Berkley Corporation member companies, all of which have earned exceptional financial ratings: A.M. Best A+ (Superior), Standard and Poors A+ (Strong), and Moody's A2 (Strong).
About IDT911™
IDT911™ is the leading provider of services that help businesses and their customers defend against data breaches and identity theft. IDT911's unique approach -- delivering proactive protection, preventive education, and swift resolution -- offers unrivaled support for more than 660 client partners and 17.5 million households. Through IDT911 Consulting™, IDT911 delivers information security and data privacy expertise to help businesses avert and respond to data loss. Based in Scottsdale, Ariz., the company has several locations in the U.S. and Canada, as well as in Ireland to serve partners in Europe.
About Berkley Re Direct
Berkley Re Direct develops insurance and reinsurance solutions for a variety of casualty risks. Berkley Re Direct is a member company of W. R. Berkley Corporation. We provide exceptional financial security and utilize global knowledge and expertise to offer you thoughtful solutions. We operate locally and focus on producing industry leading returns with and for our partner clients. For more information about Berkley Re Direct, please visit the company website at www.berkleyredirect.com.
SOURCE IDT911
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