Creechurch Expands Cyber Liability Insurance: Adding 24-Hour Breach Response Service managed by CGI

TORONTO — Creechurch Underwriters, a leading underwriter of cyber and technology insurance in Canada, today announces the expansion of its Cyber-Privacy coverage, including risk mitigation and breach hotline services.

Creechurch’s new cutting edge CyberPlus Platinum insurance policy is available today and offers the broadest coverage with policy limits up to $50 million.

Furthermore, to assist its policyholders with suspected cyber incidents or security breaches, Creechurch offers access to the services of CGI, its preferred vendor, and one of the largest information technology firms in the world and a leading provider of cyber security services. Consequently, policyholders may seek out CGI’s Incident Response Services, including a 24-hour breach reporting hotline, forensic evidence collection and analysis, investigations, and expert testimony.  CGI will also offer cyber risk and vulnerability assessments to policyholders.

“The aim of everything we do in cybersecurity globally is to mitigate and reduce the risks to our clients,” said John Proctor, vice president of global cybersecurity services for CGI.“Creechurch’s clients will have access to CGI’s broad experience and depth in cybersecurity.”

“With the seemingly endless trail of high-profile breaches, an increasing number of Canadian companies are now ready to purchase cyber and privacy insurance,” said Phil Baker, president of Creechurch Underwriters.  “Not only is our CyberPlusPlatinum product one of the most comprehensive policies in Canada, our relationship with CGI gives our clients access to a world leader in cyber security.” 

Backed by A rated insurers, Creechurch’s CyberPlus Platinum features:

• • First and Third party limits up to $50 million
  • Full first party coverage including business interruption, cyber extortion, crisis management and credit monitoring
  • Access to a 24-hour toll free breach reporting hotline managed by  CGI
  • Access to an online cyber self-assessment portal
  • Access to a privacy legal expert through a toll free hotline
  • Third Party Corporate Information protection

  • Coverage for fines or noncompliance assessments arising out of a breach of the rules, standards and agreements governing the payment card industry

Creechurch offers both risk mitigation and breach response services.  By accessing a self-assessment portal and through interactions with CGI experts, clients will better understand where they are vulnerable and how they may strengthen their security posture. With speed critical to a successful response, an independent legal advisor is available within moments of a suspected breach, offering a legal breach coach experienced in privacy matters in all of the provinces and in the U.S.  

CyberPlus Platinum is available exclusively through licenced Canadian insurance brokers by calling 416-601-2155 or visiting www.Creechurch.com

About Creechurch

Creechurch International Underwriters is one of the leading underwriting companies in Canada, offering specialized insurance to a wide spectrum of business sectors. Part of a large global insurance and reinsurance organization with 60 offices on four continents, Creechurch underwrites exclusively on behalf of large A rated multinational insurers. Creechurch products include MediaTech Liability, Cyber & Privacy Insurance, Management Liability, Life Sciences Liability, Professional Liability, Kidnap and Ransom protection, Employment Practices Liability, CGL and Umbrella Liability, Fidelity and Property Insurance.