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Cyber and Privacy

With the sudden increase of remote workers, 90% of IT professionals think remote workers are not secure

On May 25, 2018, the enactment of General Data Protection Regulation (GDPR) brought added exposure for any business with the potential of collecting personally-identifiable information on European Union (EU) citizens. Businesses who violate GDPR can lose up to 4 percent of revenue – not profit – with a cap of $24.8 million.

The stringent set of security and data processing standards protects the fundamental rights and freedoms of EU citizens’ personal privacy. Personal information being broadly defined constitutes an increased need for proper cyber coverage.

Burns & Wilcox can provide Cyber Liability Coverage and consultative resources to help ensure your clients are in compliance with evolving cyber regulations that carry hefty penalty fees.

Coverage Details and Features

  • Coverage for 3rd party claims
  • Business interruption and contingent business interruption
  • Forensics costs
  • Notification costs
  • Credit protection: credit monitoring services, credit freezes and fraud alerts
  • Public relations & crisis management
  • Bodily injury and property damage
  • Cyber extortion costs
  • Media liability costs
  • PCI fines
  • Regulatory fines and penalties
  • Cybercrime and social engineering losses
  • BreachAware Risk Management

Target Classes

(including but not limited to)

  • Healthcare
  • Financial services
  • Retail
  • Manufacturing
  • Public entity
  • Professional services
  • Critical infrastructure


Burns and Wilcox Videos

The New Normal in an Online World

In the world of cyber insurance, last year’s policy was designed for last year’s threats. But with new, more sophisticated threats emerging all the time, it is imperative to review and reevaluate your clients’ policies on a regular basis...

1min 45secs

Questions to Ask

Do you store sensitive data about your clients such as personal, financial or medical information?
This isn’t just credit card information, some states define personal data as items as simple as name and zip code. With tough government regulations and laws such as HIPAA, there is a lot of responsibility for business owners to safeguard their data or become liable for the loss.
Does your organization use computers, mobile devices and/or the internet?
You or your client may be careful, but what about their employees? How many have left their phone behind some place or left a laptop unattended? What about small data storage devices like USB drives? Not to mention phishing schemes. All of these can make your information an easy target for thieves.
Are you aware of the costs associated with a data breach? How could a data breach affect your business from a financial and reputational standpoint?
The average data breach costs $9.4 million which is up from $8.9 million in 2012. Average cost post-breach response services are around $1.4 million. Such costs typically include help desk activities, inbound communications, special investigative activities, remediation activities, legal expenditures, product discounts, identity protection services and regulatory interventions.
Can you trust every one of your employees?
What if an employee stole client information for a personal benefit? What if they lost confidential data or even made an error and submitted sensitive customer information to the wrong recipient?
Do you understand all of the regulatory, state and federal laws surrounding data breaches?
If you suffered a breach would you know what to do? Do you know how quickly you needed to notify customers? What additional services do you need to provide customers that were affected in the breach?

At Burns & Wilcox our expertise becomes your expertise. Our marketing materials are designed to help you give your clients what they want to hear – yes to almost any hard-to-place-risk.


Medical practice (anesthesia)


Medicaid health plan


Real estate company


One of the nations’ largest clinical health information networks $5M limit written excess of a primary $10M limit


Health care administrators $1M limit with $5K retention


Software distributor $20M limits. 4 carriers stacked at $5M limits each


Grocery store with ecommerce $1M limit with $25K retention


Outpatient mental health. $1M limit


Accountant. $5M limit


Management consultant. $5M limit


Franchise auto dealer

Applications for this product may vary. Please click below to find the office nearest to you for assistance.

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