Cyber Liability Insurance

Cyber Liability Insurance

As part of Washington Hospitality Association’s affinity insurance program, we are please to offer standalone cyber liability insurance coverage through the world’s largest cyber insurer, Beazley.

This unique program is available for WHA members of various revenue sizes, with a built in rating system based on your hospitality class of business.

How do I get a quote?

  • Minimal information is needed to quote
  • Potential participants simply complete the EZ Cyber Application
  • A signed EZ application or a warranty statement is needed for each participant to bind

Policy Terms

All participants will hold the same limits, however the self-insured retention (SIR) may vary based on your revenue base.

  • $1,000,000 policy limit/100,000 notified individuals
  • Higher limits can be quoted separately
  • Minimum premium is $1,000

Premium ranges are provided in the grid below.

Revenues Premium Range Retention Limit Notified Individuals
0 – $15M $1,000 – $3,300 $2,500 $1,000,000 100,000
$15M – $30M $3,000 – $5,600 $5,000 $1,000,000 100,000
$30M – $45M $5,300 – $6,300 $10,000 $1,000,000 100,000
$45M – $60M $6,300 – $7,200 $10,000 $1,000,000 100,000

Washington Hospitality Association Enhancements

  • There is a set Washington Hospitality Association Rating credit
  • Washington Hospitality Association Coverage Endorsements:
    • Incidental Hospitality Technology Services Liability — adds an insuring agreement to cover technology E&O for incidental technology services (primarily, internet access/WiFi)
    • Amended subsidiary threshold of 25%
    • Amended Definition of Data — removes the requirement that data be subject to backup procedures
    • Amended Other Insurance Clause — primary with respect to first party loss – amends the other insurance clause to clarify that this policy is primary with respect to first party loss (cyber extortion loss and data recovery costs)

Beazley Risk Services For Washington Hospitality Association Members

  • Webinars designed to address hospitality industry specific cyber issues
  • Beazley Breach Solution web access for participants
  • Lodestone post breach mitigation services
  • Group workshop – one location
Washington Hospitality Association