MORRISTOWN, N.J.--(BUSINESS WIRE)--Berkley One, a startup insurance provider for modern, sophisticated individuals and families, is pleased to announce a new partnership with CyberScout, a leading provider of identity theft and data defense services.
Driven by a mission to help clients keep moving forward, Berkley One proactively analyzes data and trends to design solutions that respond to changing market dynamics. Identity theft continues to be a significant and growing concern for individuals, and Berkley One has responded with a Cyber coverage endorsement which covers reimbursement of expenses related to identity theft, online extortion threats, social engineering, cyber bullying, system compromise and internet cleanup. Berkley One’s cyber solution also includes a full suite of services offered by CyberScout to help with mitigation of risk. Clients can utilize CyberScout’s services to proactively minimize cyber risk, monitor for threats and manage the damage if a breach occurs.
“Our mission at Berkley One is supporting clients in their adventure. An important part of that means watching their blindsides and helping to protect what matters most to them,” says Marylou Rodden, Vice President, Casualty Claims at Berkley One. “In today’s digital age, that blindside is likely to include the risk of identity theft, cyber bullying, or system compromise. We’re here to help with an innovative cyber coverage and service solution. Online or by phone, clients can now access live fraud specialists to help with prevention or recovery if a breach occurs.”
CyberScout LifeStages services include educational resources, proactive services and remediation solutions. Proactive services include everything from data protection tips to email and social media identity support, assessment of phishing risks, document replacement and even system protection support for laptops, tablets or smartphones. Remediation services are led by CyberScout fraud specialists who will handle the recovery process behind the scenes by placing fraud alerts, calling creditors and helping the client for as long as it takes to restore their good name and peace of mind.
Berkley One provides home, automobile, fine art and collectibles, excess liability and travel insurance solutions and a number of coverage endorsements to address modern exposures, including Cyber. Coverage is available in Arizona, Colorado and Illinois with other states expected to follow. For more information, visit www.berkleyone.com.
To learn more about CyberScout Lifestages identity management services, visit www.cyberscout.com.
About Berkley One: Berkley One is a member company of Berkley, one of the nation’s premier commercial property casualty insurance providers, whose insurance company members are rated A+ (Superior) by A.M. Best Company. Founded in 1967, W. R. Berkley Corporation conducts business through more than 50 operating units and reported $7.7 billion in total revenues in 2017.
About CyberScout: CyberScout is the leading provider of services that help businesses and their customers defend against data breaches and identity theft. CyberScout’s unique approach—delivering proactive protection, preventative education, and swift resolution—offers unrivaled support for more than 660 client partners and 17.5 million households. Based in Scottsdale, Arizona, the company has several locations in the U.S. and Canada, as well as in Ireland to serve partners in Europe.
Products and services are provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Certain coverages may be provided through surplus lines insurance company subsidiaries of W. R. Berkley Corporation through licensed surplus lines brokers. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.