Euclid Managers Introduces ClickStream® 2.0, The Next Generation of Privacy, Security and Professional Liability Insurance for Cyber Risks

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Euclid Managers, LLC has upgraded ClickStream®, its professional liability program for internet-related risks to provide first-party and third-party liability coverages in one policy form. The new ClickStream® 2.0 combines the errors & omissions (E&O), personal injury, privacy, intellectual property and security protections previously available under the original product’s base form with new protection for first-party security breach exposures including privacy notification expenses, crisis management expenses, content restoration expenses and business interruption protection.

Euclid Managers, LLC, an underwriting manager and claim administrator for internet, tech, media, manufacturing and miscellaneous professional liability, has upgraded ClickStream®, its professional liability program for internet-related risks to provide first-party and third-party liability coverages in one policy form. The new ClickStream® 2.0 combines the errors & omissions (E&O), personal injury, privacy, intellectual property and security protections previously available under the original product’s base form with new protection for first-party security breach exposures including privacy notification expenses, crisis management expenses, content restoration expenses and business interruption protection.

New in-demand features built into the policy form include soft hammer; most favorable venue for punitive damages (where allowed by law); spousal coverage; commercial confidential info coverage; employee personally identifiable information; coverage for data in the care of a trusted third party (e.g. vendor); coverage for advertising injury/personal injury/security injury in business operations; hosted web content (e.g. social media exposures) coverage; and coverage for a privacy regulatory-imposed civil fine or penalty.

“Our approach is unique in two ways," says Laura Johnson, vice president and product development manager, “first: we built these first and third-party liability coverages into one policy form instead of doing the usual modular format that is so prone to coverage gaps and confusion, and second: ClickStream® 2.0 is designed and priced especially for companies that do business online or whose business model is internet driven; it is not a stand-alone network security product for the masses.”

Risks eligible for ClickStream® 2.0 include small and mid-size cyber risks (revenues between $100,000 and $500,000,000) such as websites; website design, development and hosting; search engines and portals; private and public networks/exchanges; internet and application service providers; and e-commerce.

Coverage for ClickStream® 2.0 is provided by A.M. Best-rated A (Excellent) XV, Hudson Specialty Insurance Company and Hudson Insurance Company and is available nationwide, on a non-admitted basis in most states. For more information, contact: Marcia Sutton, 816.778.0713 or e-mail msutton(at)euclidmanagerskc(dot)com.

The Kansas City-based Euclid Managers, LLC is an underwriting manager and claims administrator specializing in internet, tech, media manufacturing and MPL coverages. It is part of Euclid Insurance Services, Inc., a full-service agency, managing general agent and underwriting manager and claims administrator with annual revenues in excess of $20 million.

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Marcia Sutton
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