B&B Protector Plans Inc. Announces the Expansion of Data Breach Cyber Liability Insurance Program with the Launch of the Cyber Protector Plan(sm)
Tampa, FL (PRWEB) July 09, 2013 -- The solution, known as BBR Select, offers forensic, legal, notification, credit monitoring and call center services, ensuring that when a breach occurs the affected organization can move swiftly to protect its reputation with customers. BBR Select is the only product in the market that includes immediate enrollment in Data Security Risk Management through eSolutions as a Policyholder service!
The policy provides notification and credit monitoring for affected individuals (normally in the range of 25,000 to 50,000, though higher numbers can be covered) as well as third party liability coverage of $1 million with higher limits available on request.
The CPP offers Data Breach services and programs focused on reducing incidents and claim costs, it also offers clients an insurance policy that will provide coverage and risk management services.
Cyber Liability / Data Breach Protection Policy Highlights:
- Privacy Liability
- Privacy Notification Expense
- Regulatory Liability - HIPAA/HITECH Fines & Penalties
- Network Security Liability
- Media/Website Liability
- Public Relations & Crisis Management Expense
- Credit Monitoring Expense
- Legal & Forensic Expense
- Theft Resolution Services
- Theft Resolution Services
Online Risk Management Services and Resources for Insureds:
Federal and state compliance materials regarding data security, data breaches, and data privacy including:
- Quick Tips on Many Subjects
- Summaries of Federal/State Laws
- Links to Statues & Regulations
- Sample Policies & Procedures
- Continuing Updates & Electronic Notification of Significant Changes to the On-line Materials
Monthly Newsletters & “Instant Alerts”
- "Instant alerts” sent by email for events that require immediate attention.
- Newsletters sent by email, learn about changes in federal and state laws regarding data security, data breach, and data privacy issues
Expert support from consultants/attorneys on data security issues, including:
- Health Care & HIPAA Compliance Issues
- Data Breach Prevention Issues
- Data Security Best Practices
- Computer Forensic Issues
Step-by-Step Procedures to Lower Risk:
- Understand the scope of “Personal Information” (PI)
- Determine where PI is stored
- Collect and/or Retain the minimum amount of PI as required for business needs
- Properly destroy PI that is no Longer Needed
- Implement an Incident Response Plan
Training Modules:
- Online Training Programs
- Employee Training Bulletins & Posters
- Webinars for Privacy Compliance and IT Staff
- Audio and PodCast training for Managers and/or Employees
Guidance to Handling Data Breaches:
- Help prevent Data Security Incidents
- Respond to a Data Breach
For more information on Cyber Liability Insurance or to request a quote, visit The B&B Protector Plans Inc. Cyber Protector Plan Program Page.
About B&B Protector Plans Inc.
B&B Protector Plans Inc. is a wholly owned subsidiary of Brown & Brown, Inc. headquartered in Tampa, Florida, specializing in the development and administration of innovative national insurance programs for niche markets. B&B Protector Plans Inc. is represented by the finest insurance agents in the country who specialize in creating customized, comprehensive professional liability / malpractice and business insurance solutions. With access to multiple alternative insurance markets, from Admitted to E&S (Excess & Surplus), our programs partner with insurance carriers that are financially strong and show long-term commitment to the industry.
Rebecca Carter, Director Online Marketing, B&B Protector Plans Inc, http://www.bbprotectorplans.com/, 813.222.4229, [email protected]
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