New York, NY
Starr Companies has launched CYBER AND TERROR RESPONSE, a new insurance offering that provides comprehensive coverage for the losses associated with Cyber Attacks, Workplace Violence, Political Violence, and acts of Terrorism. Designed with middle-market businesses in mind, the coverage enhances general liability and/or property policies by covering security-related perils that severely impact, interrupt, and/or damage businesses’ physical locations, operations, and employees.
“We recognize that, after a horrific event, our clients have a need to restore operations as soon as possible,” says Alex Pittignano, Senior Vice President, Starr Surplus Lines. “By providing a policy that complements existing general liability and property policies, Starr’s clients can rest assured that coverage and services are available when they are needed most. And, as with all of our Crisis Management Products, CYBER AND TERROR RESPONSE clients will have access to a 24-hour hotline providing immediate access to security and crisis communication experts”
CYBER AND TERROR RESPONSE provides a blend of 1st party property damage, business interruption, and coverage for claims for 3rd party damage coverage. In addition, CYBER AND TERROR RESPONSE also provides coordination services including post-event crisis counseling and medical care; temporary relocation expenses; loss of life benefit; privacy crisis expenses; defense costs; and public relations and advisory services.
For more information on Starr’s CYBER AND TERROR RESPONSE, contact CTResponse@starrcompanies.com
Starr Companies (or Starr) is the worldwide marketing name for the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment business of C.V. Starr & Co., Inc. and its subsidiaries. Starr is a leading insurance and investment organization with a presence on five continents; through its operating insurance companies, Starr provides property, casualty, and accident & health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance. Starr’s insurance company subsidiaries domiciled in the U.S., Bermuda, Hong Kong and Singapore each have an A.M. Best rating of “A” (Excellent). Starr’s Lloyd’s syndicate has a Standard & Poor’s rating of “A+” (Strong). Starr’s insurance company subsidiary domiciled in China has an A.M. Best rating of “A-” (Excellent).