The Hanover Insurance Group, announced the launch of Hanover Technology Professional and Cyber Advantage, an integrated and broad errors and omissions, cyber, and risk management solution for technology businesses.
Designed to help address the complex and evolving risks facing technology companies, this flexible coverage solution can be customized to meet the needs of startups to large, multinational corporations.
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“We designed Hanover Technology Professional and Cyber Advantage with our agents and customers in mind,” said Toby T. Levy, vice president, technology and life sciences at The Hanover. “We wanted to make it easy to access all the professional and cyber coverages and services needed in today’s marketplace. But it’s not a one-size-fits-all approach. Each program can be highly customized to address the specific needs of clients throughout various stages of their life cycles.”
In addition to errors and omissions liability, cyber and privacy security liability, personal injury liability and media and content liability, Hanover Technology Professional and Cyber Advantage offers a full array of first-party cyber coverage options, such as:
- Security breach notification and remediation
- Data and systems restoration
- Cyber extortion
- Business income and extra expense
- Funds transfer fraud
- Public relations expenses
The company also offers its Hanover Technology Professional and Cyber Advantage clients a suite of risk management solutions, such as its eRiskHub, with tools to help clients understand exposures, establish a response plan and minimize effects of a data breach. Clients also have access to discounts on services from third-party partners, a dedicated technology and cyber claims team, and the Hanover Risk Solutions team and website with valuable information and resources.
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