Liberty Mutual adds cyber element to architects and engineers pro coverReprints
A Liberty Mutual Holding Co. Inc. unit is introducing an architects and engineers policy that provides coverage for professional liability as well as cyber risks.
Liberty International Underwriters, a unit of Boston-based Liberty Mutual, said Monday its LIU Design and Data Insure policy provides comprehensive insurance and risk management services for both wrongful acts incurred while providing professional services, as well as from the consequences of a data breach or liability arising from the disclosure of private and design-related information.
“With Design and Data Insure, brokers no longer need two separate policies to cover their clients' A&E and cyber liability exposures,” Georges Pigault, vice president for architects and engineers and construction professional liability, said in a statement.
“Brokers can now bring their clients a policy that includes all of the traditional A&E professional liability coverage combined with broad data breach coverage for personally identifiable information,” Mr. Pigault said.
“The policy gives insureds access to training, a customer website that provides risk management guidance, contract review as well as a data breach first responder who can provide initial support, and assessment following a breach.”
A Liberty Mutual spokeswoman said in a statement policy limits vary widely depending on the class of business.