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Russell Bond & Co.

Russell Bond & Co. operates as a managing general agency and surplus lines insurance broker. We recognize the need to earn your business and are committed to delivering the type of added value our clients have come to expect from us since 1950.

Technology & Privacy Professional Liability

Jim Chojnacki Jim Chojnacki , 8/8/2016
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Professional Liability
This new product provides broad coverage for
businesses and the evolving exposures they face.

Firms can customize their policy by purchasing
one or more coverage parts, specific to their coverage needs.
Request a Quote!
Eligible risks include:
and many more classes of business.
Professional and Technical Errors & Omissions
Covers claims arising from the insured's professional services for a broad range of companies, including miscellaneous professionals and technology firms.

Coverage highlights include:
•  Defense Outside the Limit
•  Unintentional breach of contract
•  Coverage for independent contractors as insured when working for the named insured
•  Technology products coverage available
•  Full prior acts
•  Limits to $5,000,000
Media Liability
Covers claims alleging personal and intellectual property injury including libel, slander, copyright and trademark infringement.

Coverage highlights include:
•  Negligence in content
•  Content displayed on products (logos, images, etc.)
•  Broadly defined "covered content" or option to customize schedule of "covered media activity"
•  Media liabilities assumed under contract
•  Media Liability up to $5,000,000, Intellectual Property up to $2,000,000
Network Security and Privacy Liability
Covers claims against insureds arising from a failure of network security, breach of private data, violation of privacy law or disclosure of third party corporate information.

This includes coverage for:
•  Regulatory actions arising from violation of HIPAA or any other privacy law including claims expense, fines, penalties and consumer redress funds
•  Payment Card Industry (PCI) assessments, in addition to PCI fines and penalties
•  Network Security / Privacy Liab. limits to $5,000,000, Regulatory claims up to $250,000, PCI Fines / Penalties / Assessments up to $250,000
Privacy Breach and Extortion Threat Expense
Covers expenses arising from a privacy beach including forensics, notification (including call center services), credit monitoring, public relations, data restoration, as well as expenses arising from a cyber extortion threat.

Coverage highlights include:
•  Breach of Personally Identifiable Information (PII) in any form, including both digital and paper files
•  PII stored by the insured's third party vendors
•  Privacy breach caused by a rogue employee
•  Breach of employees' private data
•  Business interruption available
•  Privacy Breach Expense up to $1,000,000, Cyber extortion threat up to $25,000, Data asset restoration up to $1,000,000
Tonya Hollederer, RPLU, ASLI,
800-333-7226 ext. 133

Vice President / Senior Broker
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I specialize in Professional Liability, know the in's and out's of each form and have access to the leading markets!
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