CapSpecialty Introduces New E&O Insurance to Protect Technology Providers from Unforeseen Cyber Attacks

MIDDLETON, Wis., Jan. 29, 2015 /PRNewswire/ -- CapSpecialty^SM announced today the launch of CapSpecialty TechMediaCyber (CapTMC^SM), 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

• Broad definition of Technology and Internet Activities, including creation and dissemination of content
• Coverage for electronic data as well as paper files
• Privacy breach response services

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 our 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 CAPSPECIALTY^SM
CapSpecialty^SM pairs specialty insurance, including commercial property, casualty, surety and professional lines, with exceptional service for agents nationwide. Our carriers have both admitted and non-admitted underwriting capabilities, an A ("Excellent") rating from A.M. Best and a commitment to providing customized protection for small and mid-sized businesses in the U.S. 

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.

CapSpecialty^SM 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.

SOURCE CapSpecialty

Related Links

http://www.capspecialty.com