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Exagio Cyber Insurance Certificate

This document is a cyber insurance certificate for Verkabelt Technology GmbH. It provides coverage from 25 December 2021 to 25 December 2022. The policy aggregate limit is €5,000,000. It covers business interruption up to €5,000,000, emergency incident response up to €5,000,000, systems and data recovery up to €5,000,000, and cyber extortion up to €1,000,000. It also covers third party claims like compensation claims up to €3,000,000 and legal costs up to €2,000,000. Social engineering is not covered. The document lists policy exclusions.

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168 views2 pages

Exagio Cyber Insurance Certificate

This document is a cyber insurance certificate for Verkabelt Technology GmbH. It provides coverage from 25 December 2021 to 25 December 2022. The policy aggregate limit is €5,000,000. It covers business interruption up to €5,000,000, emergency incident response up to €5,000,000, systems and data recovery up to €5,000,000, and cyber extortion up to €1,000,000. It also covers third party claims like compensation claims up to €3,000,000 and legal costs up to €2,000,000. Social engineering is not covered. The document lists policy exclusions.

Uploaded by

brunogp8888888
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

EXAGIO Insurance Group

Alexanderstraße. 101
10719 Berlin
Germany

ISSUED: 1. DECEMBER 2021 CERTIFICATE OF CYBER INSURANCE

POLICY
Policy Business Owner Verkabelt Technology GmbH

C l a s s o f B us i n e s s Information Technology – SaaS Provider

Policy Number EXG|1280649|CC-1

Policy Type Cyber Professional Mid Risk Policy v 2.1

Policy Period From: 25 December 2021, 5:00 PM CET

To: 25 December 2022, 5:00 PM CET

All days inclusive, time based on Central European Time (CET)

COVERAGE
Policy Aggregate € 5.000.000 EUR

This represents the total amount claimable over the policy term

BUSINESS INTERRUPTION INSURED LIMIT DEDUCTIBLE | EXCESS

A loss of income as a direct result of € 5.000.000 EUR € 10.000 EUR


a cyber incident. Includes network
interruptions caused by service Waiting Period: 12 hrs
providers.

FIRST PARTY ITEMS INSURED LIMIT DEDUCTIBLE | EXCESS

EMERGENCY INCIDENT RESPONSE € 5.000.000 EUR € 10.000 EUR


Access to a cyber incident response
team comprised of certified industry
specialists. Includes Legal and PR
Teams.

SYSTEMS AND DATA RECOVERY € 5.000.000 EUR € 5.000 EUR


Recovery, restoration and
recollection of data, emails, online
services and IT Software as a result
of a cyber incident.

Exagio Insurance Group is an Authorised Financial Service Provider in Germany. Page 1 | 2


License No: 1112345-6A
EXAGIO Insurance Group
Alexanderstraße. 101
10719 Berlin
Germany

ISSUED: 1. DECEMBER 2021 CERTIFICATE OF CYBER INSURANCE

CYBER EXTORTION € 1.000.000 EUR € 50.000 EUR


Ransom payments to hackers & third
parties required to end an extortion
threat.

SOCIAL ENGINEERING NOT COVERED


Use of phishing scams to manipuate
workers to giving away sensitive
information.

THIRD PARTY ITEMS INSURED LIMIT DEDUCTIBLE | EXCESS

COMPENSATION CLAIMS € 3.000.000 EUR € 20.000 EUR


Claims by customers as a result of
data breaches.

LEGAL & DEFENCE COSTS € 2.000.000 EUR € 20.000 EUR


Legal Advice on requirements to
notify customers of a cyber incident.

PRIVACY REGULATORY FINES € 1.000.000 EUR € 50.000 EUR


Fines for breaching GDPR / Privacy
Regulations with inability to
adequately protect customer data.

POLICY EXCLUSIONS
1. Betterment – Cost to improve technology, including software or security upgrades after a cyber event.
2. Loss of Value due to theft of intellectual property.
3. Replacement of general equipment/hardware.
4. Intentional Acts or prior known circumstances before commencement of policy.
5. PCI Fines as it is expected that full responsibility is taken for compliance with the PCI DSS.

For more detailed information on your coverage, please refer to the policy disclosure statement accessible by
logging onto your account at [Link]

Exagio Insurance Group is an Authorised Financial Service Provider in Germany. Page 2 | 2


License No: 1112345-6A

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