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Cyber Liability

Flexible management and professional liability solutions

As the pace of change in technology accelerates, so does the level of sophistication among cyber criminals. Data breach from hacking or social engineering can have devastating consequences. Remaining a step ahead is a constant battle, and your organization's reputation – even survival - can be at stake.

Travelers Canada Cyber Liability insurance protects you from economic damages that can result from failure to secure your network and protect data privacy. Our insurance agreements cover direct losses that may result from settlements and damages related to a breach as well as coverage for costly expenses such as legal fees, forensic services, notification and call center costs, credit monitoring costs and the cost to restore your reputation.

Cyber Liability coverage ensures you remain prepared in a world of uncertainty and that your business remains fit for the future.

What's covered?

  • Third party (liability) and first party coverage – Protecting the insured for its liability to others and reimbursing the insured for expenses incurred
  • Worldwide coverage – Applies to claims made or events occurring anywhere in the world
  • Ten distinct insuring agreements – With the ability to set limits and retentions for each insuring agreement
  • Defence option – Option to select duty to defend or reimbursement coverage at policy inception
  • Maximum retention cap – For claims covered under more than one liability insuring agreement or events covered under more than one first-party insuring agreement, the largest applicable retention will be the maximum retention to apply
  • Non-cancellable by insurer – Except for non-payment of premium
  • Extended reporting period – Applies to crisis event management and security breach expense coverage
  • Automatic 90-day extended reporting period – For first-party coverages

Explore

Our crime coverage offers multiple insuring agreements to protect against numerous exposures. Explore crime insurance at Travelers Canada.

Directors and officers insurance (D&O) helps protect executives and board members in the event of a claim against them. Explore Travelers Canada D&O coverage.

Employment practices liability (EPL) helps protect your business against employment-related claims. Explore EPL coverage at Travelers Canada.

Errors and omissions (E&O) coverage is professional liability insurance that protects against claims made for inadequate work or negligent actions. Find an errors and omissions liability broker near you today.

Fiduciary liability insurance can protect your assets in the event of a breach of fiduciary duty, as well as errors and omissions. Learn more at Travelers Canada.

A financial institution bond can help protect your business in the event of fraudulent activity. Explore financial institution bonds at Travelers Canada.

Identity fraud expense reimbursement can help cover employee or customer expenses resulting from identity theft. Find coverage at Travelers Canada.

Kidnap and ransom coverage can help protect your organization financially in case of such an event. Learn about kidnap & ransom coverage from Travelers Canada.

Find a broker

Get the personal service and attention a broker provides. To learn more about insurance options in your area, find a Travelers Canada broker near you.