Venture Insurance Programs said it expanded its data breach protection for golf and country clubs, and hotels and resorts.
“The alarming increase in cyber attacks has highlighted the need for privacy and data breach protection in the hospitality industry, and we’re pleased to offer coverage that is not only broad in scope but also more affordable for clubs and hotels of all sizes,” said Philip J. Harvey, founder and president of Venture.
“Club members and hotel and resort guests expect their information to be secure, and whether an attack is a targeted hack or simply a lost employee laptop, the result can be a costly claim and damaged reputation,” he added.
The coverage, underwritten by Hiscox, offers coverage for costs related to data-breach response, defense and resolution of claims for statutory violations, negligence, regulatory investigations, and breach of contract.
Risk management and prevention services are also available.
Limits of up to $2 million, with coverage for risks up to $100 million in revenue are available. Retentions between $5,000 and $25,000 are scaled based on revenue.
Other details include: