(Pictured: Jeff Tilley – Vice President, Manager of Cyber Hazards)

270 Central Ave
Johnston, RI 02919
401.275.3000
[email protected]

About fmglobal.com:

Mutual company FM Global is one of the world’s largest commercial property insurers. Clients turn to FM Global to help them be more resilient to property-related risk.

Its FM Global Advantage policy delivers the broadest, most comprehensive property insurance available on the market today. First-party cyber coverage includes:

• Damage to data, programs or software created by viruses or other malware including:
  • Restoration of data, including the time to research/engineer lost or damaged data
  • Resulting time element loss
  • Temporary costs to defend against a cyber attack
• Computer network service interruption due to malicious cyber activity including
  • Actual loss sustained, as well as extra expense during the period of interruption
  • Temporary costs to defend against cyber attack
• Third-party data services interruption (cloud outage) leading to business interruption and/or property damage including
  • Actual loss sustained, extra expense and property damage during the period of interruption
  • Extends to supplier locations
  • Includes satellite services
• Resulting property damage and business interruption on an all-risk basis including
  • Physical loss or damage to insured property other than data on an all-risk basis
  • Resulting time element loss

Cyber Optimal Recovery

This coverage endorsement works in conjunction with the FM Global Advantage policy to complement a cyber policy. Clients can position their FM Global Advantage policy as primary, excess or contributing insurance as necessary to maximize total insurance recovery in a cyber event. It maximizes total recovery following a cyber loss; clarifies how the FM Global Advantage policy will interact with a cyber policy—before the loss occurs; and automatically addresses issues with potentially overlapping coverage.