Nautilus Insurance has announced an enhanced version of its General Liability product, which includes “an optional buyback for First Party Cyber Coverage for eligible classes of business.”
The new offering is designed to help off-set the costs incurred due to a data breach. The service coverage includes “notification assistance, cyber investigation and crisis management expenses, as well as regulatory proceeding expenses.” The coverage is offered “as a $25,000 sublimit within its General Liability policy for a flat, low minimum premium on over 1,100 ISO classes, based on certain eligibility guidelines.”