Cyber
Merit Specialty, a brand of 华体会, is dedicated to providing wholesale producers and their clients with the right combination of price and coverage.
Cyber
Businesses depend on technology to build, grow and run their operations. As technology continues to evolve, so do the threats created by this dependency. Cyberattacks or breaches can damage systems, put customers or employees at risk and threaten to destroy businesses' profitability and reputation. Through Hanover Cyber Advantage Pro and Hanover Cyber Advantage Premier, Merit Specialty's cyber solutions are designed to help protect businesses from losses related to data breaches and cyberattacks.
Hanover Cyber Advantage Pro
We offer admitted cyber coverage for businesses in a wide range of industries with revenues typically up to $500M, including:
- Arts and entertainment
- Agriculture
- Construction
- Consultants
- Professional services
- Retail and hospitality
- Transportation
- Wholesale
Hanover Cyber Advantage Premier
We offer non-admitted cyber protection for businesses that may benefit from increased limits and enhanced, flexible coverage, including:
- Agriculture
- Construction
- Human services
- Manufacturing
- Professional services
- Retail
- Transportation
- Wholesale
We are not a cyber market for municipalities, critical infrastructure, hospitals and large healthcare, gambling, cannabis and public schools.
Hanover Cyber Advantage Pro is an admitted comprehensive standalone cyber coverage form that allows businesses to customize coverage based on their unique needs and operations. It offers both first-party and third-party coverages under a single policy with a dedicated limit.
Third-party liability coverage
- Privacy and security liability
- Media and content liability
- Fines and penalties and regulatory defense liability
First-party expense coverage
Response costs
- Security breach notification and remediation
- Systems restoration
- Cyber extortion
- Public relations
- Cyber breach or extortion reward
- Hardware replacement expense
- Payment card expense
Fraud loss
- Funds transfer loss
- Computer fraud
- Systems resource fraud
- Social engineering
Loss of income
- Business income loss and extra expense
- Contingent business income loss and extra expense
- Reputational harm
Additional supplemental coverage and endorsements available include:
Supplemental coverage
- Court attendance costs
Third-party liability coverage endorsements
- Telephone consumer protection liability coverage
- Vicarious liability 鈥� other entity
First-party expense coverage endorsements
- Data recreation coverage
- Systems deficiency remediation coverage
- Amend payment card expense
- System failure business income loss and extra expense
- Contingent system failure business income loss and extra expense
We provide Hanover Cyber Advantage Premier for businesses that would benefit from the increased limits and enhanced, flexible coverage provided by a surplus lines solution. Premier offers dedicated limits and flexibility in responding to the shifting technological, societal and regulatory landscapes that pose ever-changing risks to businesses.
Third-party liability coverage
Third-party liability coverage
- Privacy and security liability
- Media and content liability
- Fines and penalties and regulatory defense
First-party response costs
First-party response costs
- Security breach notification and remediation
- Data and systems restoration
- Cyber extortion
- Cyber breach or extortion reward
- Hardware replacement expense
- Payment card expense
- Pollution expense
- Public relations
First-party fraud loss
First-party fraud loss
- Social engineering
- Computer fraud
- Funds transfer fraud
- Systems resource fraud
First-party loss of income
First-party loss of income
- Business income loss and extra expense
- Contingent business income loss and extra expense
- Reputational harm
Hanover Cyber Advantage Pro
We offer admitted cyber coverage for businesses in a wide range of industries with revenues typically up to $500M, including:
- Arts and entertainment
- Agriculture
- Construction
- Consultants
- Professional services
- Retail and hospitality
- Transportation
- Wholesale
Hanover Cyber Advantage Premier
We offer non-admitted cyber protection for businesses that may benefit from increased limits and enhanced, flexible coverage, including:
- Agriculture
- Construction
- Human services
- Manufacturing
- Professional services
- Retail
- Transportation
- Wholesale
We are not a cyber market for municipalities, critical infrastructure, hospitals and large healthcare, gambling, cannabis and public schools.