Ideal Accounts and Appetite
- Small to mid-sized businesses that collect, store, or process customer or employee personal data
- Retailers (including point-of-sale exposures), healthcare providers, educational institutions, and financial services
- Professional service firms—law, accounting, consulting—and firms that host client data
- E-commerce merchants, SaaS providers, and businesses using public-facing email domains or online forms
Even businesses with solid IT controls can experience breaches from lost devices, phishing, vendor failures, or ransomware. Examples of accounts that often fit this program: a local medical practice that lost a laptop containing patient records, or a small retailer that experienced a point-of-sale compromise exposing customer payment data.
Coverage Highlights and Advantages
The RPS Privacy and Data Breach program bundles first-party response costs with third-party liability to address the wide set of expenses and exposures that follow a breach.
First-Party Expenses:
- Privacy notification and consumer remediation costs
- Crisis management and public relations to protect reputation
- E-business interruption and contingent business interruption
- Loss from e-theft and unauthorized e-communications
- Incident response, forensics, and e-threat mitigation
- Remediation for e-vandalism and data restoration
Third-Party Liability Coverage:
- Claims for disclosure injury (compromised personal information)
- Content injury (defamation, copyright issues arising online)
- Reputational harm and related legal exposure
- Conduit injury—claims arising from malware transmitted to others
- Impaired-access injury from denial-of-service or availability failures
Together these features help manage regulatory notices, defense and settlement costs, vendor and customer claims, and the operational expenses of responding to an incident.
Underwriting Notes
Underwriters look for concise, practical information to evaluate submissions. Typical factors include:
- Annual revenue and number of employees
- Industry, lines of business, and the sensitivity of data handled
- Current cybersecurity controls: encryption, MFA, endpoint protection, backups
- Incident history, vendor relationships, and use of cloud services
The program is designed to be flexible and scalable. Minimum premium requirements vary by carrier and by the specifics of each submission—provide full loss-control details to improve placement prospects.
Territories and Availability
Available nationwide: all 50 states and Washington, DC. RPS can place admitted and non-admitted options through its carrier relationships depending on the client’s needs and the state-specific regulatory environment.
Why Work With RPS Technology & Cyber?
RPS Technology & Cyber specializes in cyber liability placement and has worked with agents and brokers since 1997. You’ll get access to multiple markets and tailored submission strategies—helpful when accounts require specific limits, specialized endorsements, or coordinated incident-response resources. Our team can guide you through underwriting expectations and help match client exposures to the most appropriate carrier appetite.
Contact us or visit our company profile to learn more about placing Privacy and Data Breach Insurance with RPS Technology & Cyber.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Ideal accounts include small to mid-sized businesses that collect or store customer or employee data, especially in sectors like healthcare, retail, education, finance, and professional services.
Is this program available in all states?
Yes, the Privacy and Data Breach Insurance program from RPS Technology & Cyber is available in all 50 states and Washington, DC.
What coverages are included for a data breach event?
The program includes first-party expenses like notification costs, crisis response, and e-business interruption, as well as third-party liability for issues like disclosure or reputational injury.
What underwriting details are required for submission?
Underwriters typically require information about the business’s revenue, employee count, operations, and existing cyber security safeguards.
Why should agents work with RPS Technology & Cyber?
RPS has specialized in cyber risk since 1997 and offers access to multiple carriers, competitive coverage options, and expert support throughout the placement process.
Need help placing an account? Connect with a market specialist.