ICRMA’s Cyber Liability program provides First party and Third-Party coverages for our members. It provides coverage for the unintentional loss of others’ protected information. Coverage extends to the loss of data through cyber/electronic means but is also broad enough to cover the loss of data stored in non-electronic formats, such as paper files. Participation in the Cyber Liability Program is a condition of membership in ICRMA.
For the 2023-2024 program year, coverage is provided Great American Fidelity Insurance Company (Great American) and is structured as follows:
- $1,000,000 per member limit of Insurance
- $1,000,000 per member policy aggregate limit, includes Ransomware
- $5,000,000 pool aggregate limit
Members will either have a $100K, $200K, or $400K deductible.
Report a Breach
Address: Great American Insurance Group
P.O. Box 2948
Cincinnati, OH 45201
The policy also includes Incident Consultation Coverage from a third-party law firm for actual or suspected privacy and network security incidents. There is no deducible or additional out of pocket expense to use this consultation and the coverage is in addition to your policy’s limits of insurance. Not every suspected incident means you will need to notify the carrier. This consultation will help you decide what next steps are necessary including whether or not you need to notify the carrier. The Incident Consultation Hotline can be found at eRiskHub.
Cyber Liability Resources
Tools and Breach Coaches are available 24 hours a day, seven days a week.
ICRMA’s Cyber Liability carrier, Great American has a host of services and resources available for our members on their eRiskHub portal. To register, please click here and complete the New User Registration using Access Code 186488. Once you submit your credentials you will be able to login.
eRiskHub provides tools and resources to help members understand your exposures, establish a response plan, and minimize the effects of a breach on your organization. Upon logging into eRiskHub you will find:
- Incident Response
- Articles and Whitepapers
- Videos and Webinars
- Best Practices Checklists
- Tools and Calculators
- Third-Party Vendors
- Cyber Risk Assessment
- Cyber News & Blogs
Cyber Self Assessment
Great American also provides access to the Eagle Eye tool, which is based on the five functions of NIST’s Cybersecurity Framework, to find strengths and weaknesses in your cyber defenses. This short video explains how to access and use this resource.