Great American Insurance Group's specialty human services division has unveiled its new Data Compromise coverage for human and social service organizations.
Data Compromise provides coverage for the costs of notifying customers or clients of the theft, loss or mistaken release of private information and the cost of services such as credit monitoring or identity restoration to help those victims of identity theft.
The company said that Data Compromise coverage is now available on new and renewal policies as an optional property endorsement on eligible accounts. Most classes of business are eligible. Coverage is subject to an annual aggregate limit of $50,000.
Mike Liguzinski, divisional senior vice president, said: The majority of human and social service organizations collect and store personal information about customers, employees, volunteers, donors and clientele. We are pleased to offer this coverage to meet the ever-changing needs of these organizations, especially at a time when more stories about data breaches and identity theft make the news.