Stand Alone E-Commerce Market Survey
This chart lists examples of stand-alone e-commerce insurance policies. Some
of the listed forms cover both first-party losses and third-party liability
claims. Some of the forms cover only one or the other of these two types of
risks. And with regard to first-party risks, some of the forms cover only the
insured's direct loss, while some also cover the insured's liability to others
for loss (e.g., employee theft, third-party theft). Accordingly, the description
of coverages is for general information only, and the actual coverage provided
by each listed policy is subject to the terms and conditions of that policy.
With respect to the contact information provided, in most cases it directs
you to a general home page of a Web site. Since it can be frustrating to try
to obtain information about products from Web sites, often the quickest way
to get information and/or policy wording is by contacting an insurance broker
(who works in this area) and/or the insurer itself to ask for a copy of the
policy (preferably an electronic copy).
Any insurer listed below that believes that its product has been characterized
incorrectly, please direct comments to Michael Rossi. Any such incorrect characterization
is not intentional and will be corrected if we are advised of the error. Any
insurer who is not listed below that sells stand-alone e-commerce insurance
and who wants to be listed in the chart, please send contact information and
a copy of your policy form to Michael Rossi, whose address and other biographical
information can be accessed by clicking on his name above. Also see the Insurance
Law Group Web site at www.inslawgroup.com.
| Policies Sold in the U.S. |
|
|
|
|
|
|
|
|
AIG |
NetAdvantage Pro + Internet Professional
Liability Policy |
No |
No |
No |
No |
Yes |
Yes |
|
AIG |
NetAdvantage Security + Internet and
Computer Network Security Policy |
Yes |
Yes |
Yes |
Yes |
No |
Yes |
|
AIG |
Net Advantage Liability Internet and
Professional Security Liability Insurance |
Partial: for liability arising therefrom |
Partial: for liability arising therefrom |
No |
Yes |
Yes |
Yes |
|
AIG |
ProTech Technology Liability Insurance
Policy |
No |
No |
No |
No |
Yes |
Yes |
|
Chubb |
Cyber Security |
Yes |
Yes |
Yes |
Yes |
No |
No |
|
Chubb Executive
Risk |
Safety'Net Internet Liability Insurance |
No |
No |
No |
No |
No |
Yes |
|
Hiscox |
Hacker Insurance |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
| Legion Indemnity Company |
INSUREtrust Electronic Information
E&O (EIE&O) Liability Policy |
Partial: for liability arising therefrom |
Partial: for liability arising therefrom |
No |
No |
Yes |
Yes |
| Lloyd's |
Computer Information and Data Security
Insurance |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Lloyd's
(WISP) |
Website Crime & Intranet Insurance |
Yes |
Yes |
Yes |
Yes |
No |
No |
Lloyd's
(Besso) |
Technology, Media and Professional
Liability Insurance |
No |
No |
No |
No |
Yes |
Yes |
Lloyd's
(JLT Risk Solutions) |
E-Comprehensive |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Marsh |
NetSecure |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Media/Professional
Liability (Gulf) |
CyberLiability Plus Insurance Policy |
No |
No |
No |
No |
Yes |
Yes |
| Royal Surplus Lines |
Computer, Telecommunications and Internet
Services Liability Coverage |
No |
No |
No |
No |
Yes |
Yes |
|
St. Paul |
Technology Premier Computer Network
Security Protection (Networker) |
Yes |
Yes |
Yes |
Yes |
No |
No |
|
St. Paul |
Cybertech+ Liability |
No |
No |
No |
No |
Yes |
Yes |
Tamarack
(Great American) |
Dot.Com Errors and Omissions Liability
Insurance Policy |
No |
No |
No |
No |
Yes |
Yes |
|
Zurich
North American Financial Enterprises |
E-Risk Protection Policy |
Yes |
Yes |
Yes |
Yes |
No |
Yes |
| Policies Sold in Europe |
|
|
|
|
|
|
|
|
ACE
Europe |
DataGuard |
Yes |
Yes |
Can be added |
Yes |
No |
No |
|
Hiscox |
Hacker Insurance |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Lloyd's
(JLT Risk Solutions) |
E-Comprehensive |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Marsh |
NetSecure |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Park
Insurance Services |
Internet Insurance |
No |
No |
No |
No |
Yes |
Yes |
|
Zurich
North American Financial Enterprises |
E-Risk Protection Policy |
Yes |
Yes |
Yes |
Yes |
No |
Yes |
| Policies Sold in Australia |
|
|
|
|
|
|
|
|
Marsh |
NetSecure |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
St. Paul |
Technology Premier Computer Network
Security Protection (Networker) |
Yes |
Yes |
Yes |
Yes |
No |
No |
|
St. Paul |
Cybertech+ Liability |
No |
No |
No |
No |
Yes |
Yes |