Arbella Offers New Commercial Data Breach Coverage
Helps business customers stand up to the risks of a data breach
QUINCY, Mass., July 26, 2011 – The Arbella Insurance Group announced today that it will offer commercial Data Breach Coverage to its small business customers. Arbella has partnered with Identity Theft 911® to provide proactive and reactive data breach services, including access to a team of breach consulting experts and 24/7 access to Identity Theft 911’s breach preparedness website.
According to the non-profit Identity Theft Resource Center (ITRC), there were 662 data breaches reported in 2010, an increase of 33 percent from 2009.
“Virtually no business is immune from the potential risk of a data breach,” said Eileen Currie, Arbella’s vice president of Commercial Lines. “This is another way for us to meet our customers’ emerging needs. Arbella’s Data Breach Coverage is a first line of defense in data breach preparation, damage control and resolution.”
Arbella’s new Data Breach Coverage includes Identity Theft 911 guidance in creating a breach response strategy, as well as proactive and reactive support in the case of a data breach. The new offering also provides essential expense coverage, including reimbursement of costs associated with notifying potential victims and the provision of direct services to persons impacted by the breach. These services include various credit monitoring options, access to a toll free help line and identity restoration case management when needed. The offering Coverage also includes legal expense coverage to ensure that the response to the data breach complies with state and federal notification requirements and laws.
Customers who select Arbella’s Data Breach coverage will have access to services including:
- Identity 911’s secure breach preparedness website, which features easy-to-understand tips and guidelines to help minimize the chance for a breach, create a data breach incident response plan and learn what needs to be done if a breach occurs
- Professional assistance from a team of professionals to help handle a breach crisis, including help with notifications and access to personalized fraud-specialist services for any victims of identity theft or fraud
- Breach expense coverage to help cope with the costs associated with notifying affected persons and third parties
“Arbella’s Data Breach Coverage gives small business customers the peace of mind that they’ll be prepared in the event that a breach should happen,” Currie added. “We’re committed to providing swift solutions to help safeguard and restore our customers’ reputations, and to offering help and protection before and after a breach.”
Data Breach Coverage is an optional property coverage that is available for most classes of business eligible under Arbella’s Business-owners or Package Policies. Data Breach Coverage can be added to Arbella’s commercial package policies and is now available to Arbella customers in Massachusetts, Rhode Island, Connecticut and New Hampshire.
About the Arbella Insurance Group
Established in 1988, the Arbella Insurance Group is a company with over $600M in revenue with approximately $1B in assets, headquartered in Quincy, Massachusetts. Arbella is a customer-focused regional property and casualty insurance company, providing personal and business insurance products including car insurance, home insurance, and umbrella insurance in Massachusetts and Connecticut, and business insurance in Rhode Island and New Hampshire.
About Identity Theft 911
Founded in 2003, Identity Theft 911 is the nation’s premier consultative provider of identity and data risk management, resolution and education services. The company serves 13 million households across the country and provides fraud solutions for a range of organizations, including Fortune 500 companies, the country’s largest insurance companies, corporate benefit providers, banks and credit unions and membership organizations. Since 2005, the company has helped more than 150,000 businesses manage data breaches. For more information, please visit www.idt911.com.
For more information:
617.275.6512 or 617.981.2236 (mobile)
617.275.6523 or 617.699.4853 (mobile)