WGA Launches Cyber Response
Press for Immediate Release
BOSTON, MASSACHUSETTS, September 23, 2014 – William Gallagher Associates (“WGA”) announces Cyber Response, a market leading policy offering the most comprehensive coverage available, combining Professional and Cyber Liability.
This innovative product was developed in response to the growing threat of cyber and privacy risks across all industries, and the need for access to valuable claims services that are necessary to efficiently and effectively mitigate that risk of a data security breach.
Cyber Response provides broad coverage in the areas of Media and Intellectual Property Liability, third party claims for Network Security and Privacy Liability, first party Data Breach Expenses (Forensics), Business Interruption, and Cyber Extortion.
“We have seen that no industry is immune from the threat of a cyber-attack or privacy exposure,” commented Philip J. Edmundson, CEO and Chairman of WGA. “Our team negotiated the Cyber Response policy with Lloyds of London in order to address a wide range of exposures across all industries – from Healthcare, Energy, Financial Services, and Technology to the Life Sciences.”
WGA is a leading provider of insurance brokerage, risk management and employee benefit services to companies with complex risks and dynamic needs, within industries that include life sciences, high technology, financial risks, healthcare, energy, clean tech and environmental services. The firm was founded in 1983 and is one of the country’s leading independent brokerage firms, with offices in Boston, MA; New York, NY; Hartford, CT; Columbia, MD; Princeton, NJ; and Atlanta, GA.