An insuring agreement found within technology errors and omissions and Internet/online
property and liability insurance policies. Subject to a sublimit (e.g., $25,000–$50,000),
crisis management coverage generally reimburses expenses incurred to restore
confidence in the security of the insured's computer system. For example, a
crisis management firm might be hired to develop a program for reassuring the
customers of an online retailer that, following a breach of the retailer's security
system, the system has been reconfigured to prevent future breaches.
Links for IRMI Online Subscribers Only: