Level up your coverage – safeguard your business from cyber threats and employee disputes.

Cyber Liability and Employment Practices Liability Insurance

Today’s business environment is fraught with greater risk. Cybercriminals are becoming more sophisticated in their tactics to breach networks, hold systems for ransomware, and trick employees into sharing confidential data and wiring funds. No business, no matter what industry or size, is immune from data breaches, malware, ransomware, phishing, and social engineering threats.

At the same time, employment-related litigation is on the rise, with allegations of discrimination, harassment, wrongful termination, retaliation, and other claims.

At BTC Insurance, we offer clients Cyber Liability and Employment Practices Liability Insurance (EPLI) to protect your assets in the event of a breach or other type of cyberattack and lawsuits involving workplace allegations.

Inside a Cyber Liability Policy

Cyber Liability insurance provides first- and third-party coverages. First-party coverage will pay for the costs of the following:

Notification of affected customers of a data breach
Credit Monitoring Services to customers, vendors, employees
Forensics – investigating the source of the data breach
Restoration/Replacement of the compromised systems
Crisis Management/PR Campaign to help restore a business’s reputation after a data breach
Business Interruption – loss of revenue due to the cyberattack
Ransom Payment to the cybercriminal holding data/network hostage

If a third party sues your business for damages due to the breach, third-party coverage will help pay for legal expenses to defend the lawsuit and the costs of settlements and judgments. It will also help pay for regulatory fines and penalties due to a privacy regulatory investigation or inquiry. In addition, a Cyber policy provides coverage for fines and penalties associated with an investigation by the payment card industry alleging failure to comply with the Payment Card Industry Data Security Standard (PCI-DDS).

Inside EPLI Coverage

EPLI coverage covers legal fees, settlements, and damage awards resulting from workplace misconduct claims against your employees and managers. Typical EPLI claims include:

Hostile work environment
Workplace harassment
Sexual harassment (employees, third parties, clients, vendors, or independent contractors)
Discrimination (age, race, gender)
Wrongful demotion or termination
Failure to employ or promote
Claims from prospective employees/applicants
Family Leave Act

Serving: Utah Based

Licensed to conduct Business in following States

About BTC Insurance

For more than a decade, BTC Insurance has been committed to serving the insurance needs of the Utah community. Our approach is not only to provide you with insurance products that fit your exposures but to also help you put into place loss control and safety measures to mitigate and minimize losses. This takes experience and expertise – exactly what you will find with BTC Insurance.