OneBeacon Technology Groupenhancements
|Two primary coverage areas have been broadened to recognize thecontinually emerging risks technology firms face today. WithOneBeacon's custom Data Privacy Protection, policyholders receivecoverage for their potential failure to protect their clients'private data and for costs associated with responding to databreaches, whether they occur in written or electronic form.
|Furthermore, OneBeacon provides dedicated services to help itscustomers mitigate potential incidents and to notify affectedparties should a breach occur, including identity restoration casemanagement and other specialized services. Additional coverageextensions are also available, such as proactive monitoringservices, data breach ransom, data breach reward and more.
|A second enhancement focuses on @vantage for InformationTechnology's E&O protection that provides financial protectionto the policyholder and its clients for the policyholder's failureto perform. @vantage Technology E&O offers essentialprotection, while the broader @vantage Plus version of the productdelivers more specialized coverages.
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