SPECIALTY MADE SIMPLE · 2016-09-21 · Welcome to the newest edition of the NAS Specialty Insurance Product Catalog for 2016! As our team continues to grow and our business expands,

1

2

SPECIALTY MADE SIMPLE®

Welcome to the newest edition of the NAS Specialty Insurance Product Catalog for 2016!

As our team continues to grow and our business expands, we strive to provide outstanding service for

you and your clients. In the past year, we have opened offices in Chicago, Atlanta and Boston to be

closer to you and your teams. We have also grown our operations in Los Angeles to accelerate product

innovation and enhance our offerings to make sure that you’re getting state-of-the-art specialty

product that can be quickly produced and delivered to your clients.

As always, we are open to your feedback on how we can best serve you — whether it's delivering

custom-tailored products or supporting your marketing initiatives, please let me know how we can be

the best partner for you and your teams.

Thank you for your support and we look forward to continued growth together!

Sincerely,

Richard Robin

CEO

[email protected]

3

NAS SPECIALTY INSURANCE SOLUTIONS SUMMER 2016

SPECIALITY INSURANCE:

Programs & Self-Raters ................................................................................................................................................ 5

Abuse / Molestation .................................................................................................................................................... 6

Allied Medical ............................................................................................................................................................. 7

Errors & Omissions for Healthcare Consultants ..................................................................................................... 9

Long Term Care Facilities Professional & General Liability ............................................................................... 10

MEDEFENSE® Plus ................................................................................................................................................. 11

Miscellaneous Errors & Omissions ......................................................................................................................... 12

Non-Standard Physicians Professional Liability.................................................................................................... 14

Sexual Misconduct & Molestation Liability ........................................................................................................... 15

Social Services Professional & General Liability ................................................................................................... 15

Tenant Discrimination Insurance ............................................................................................................................ 18

TECH & CYBER SOLUTIONS:

Cyber Liability Insurance ........................................................................................................................................ 21

Incident preparedness, response and business restoration ................................................................................... 23

NAS CyberNET: Support and Risk Management ................................................................................................. 23

Cyber Liability - NetGuard® Plus ........................................................................................................................... 26

Cyber Self-Raters ...................................................................................................................................................... 27

e-MD® Healthcare Cyber Liability .......................................................................................................................... 28

Technology E&O - TechGuard® .............................................................................................................................. 29

NAS Insurance Company Directory ....................................................................................................................... 31

Check out Program & Self-Raters information on Page 5!

These product overviews are for descriptive purposes only and do not provide a complete summary of coverages. Please consult the applicable insurance policy for specific terms, conditions, limits, limitations and exclusions to coverage.

4

5

NAS Insurance offers simplified underwriting for our most popular products. Qualified risks are able to streamline the underwriting process by completing a simplified application and sending in a bind request for their desired coverage.

NAS Product Classes Coverage

Allied Medical (Miscellaneous Medical Malpractice)

Home Health Agencies, Nurse Registries, Medical Spas, Physical Therapy Clinics, and Medical Testing Labs

Limits up to $6M/$8M PL/GL with GL Occurrence available

Includes Cyber Liability, MEDEFENSE® Plus and Sexual Misconduct sub-limits

Defense Outside the Limit

Hired and non-owned Auto and prior acts coverage are all available

Cyber Liability – NetGuard® Plus

*New ENHANCED coverage*

Multiple self-raters available based on class, including Accountants & CPAs, Auto Dealers, Home Health Care Agencies, Insurance Agents, Lawyers, Property Management and Schools (Grades K-12)

Limits up to $15M/$15M

Full limits on Privacy Breach Response, Voluntary Notification and Network Asset Protection

Privacy Breach Response Costs outside the limit are also available

Broad Cyber Crime coverage

Access to NAS’ CyberNET risk management website

MEDEFENSE® Plus/ e-MD®

Physician Groups, Allied Health Facilities, Hospitals, and Long Term Care Facilities

Pays for the defense costs and civil fines and penalties for allegations related to billing errors and HIPAA, EMTALA and STARK violations with limits up to $1M/$5M for

MEDEFENSE® Plus and $10M/$10M for e-MD®

Full prior acts coverage available

Access to NAS’ CyberNET risk management website

Stand-alone cyber coverage is also available

Miscellaneous E&O Tutors Limits up to $1M for Misc. E&O with Abuse/Molestation limits available up to $250k/$500k.

Medical Billers & Coders Limits up to $5M for Misc. E&O with MEDEFENSE® Plus limits available up to $1M. Cyber limits available.

Property Managers Limits up to $1M for Misc. E&O with tenant discrimination limits available up to $1M

Stand-alone tenant discrimination coverage is also available.

Miscellaneous E&O for Healthcare Consultants

Healthcare Consultants providing services including, but not limited to, expert witness services, independent medical reviews, workers compensation reviews, etc.

Limits up to $1M/$3M for Misc E&O for Healthcare Consultants with Cyber Liability

Defense Outside the Limit

First Dollar Defense coverage available by endorsement

Product includes Prior Acts coverage

Long Term Care Facilities

Online program available for Residential Care Facilities of 6 beds or less

Limits up to $1M/$3M with $2M Sexual Misconduct limits

Up to $100,000 sub-limit for MEDEFENSE® Plus

Defense Costs Outside the Limit available up to the limit

Employment Benefits Liability coverage available by endorsement

$100k/$300k limit of hired and non-owned auto

For more information about these programs or to obtain a copy of our self-raters, please contact Hannah Smith at [email protected] or call 818.479.4307

Programs & Self-Raters

6

• Free selection of defense counsel

• Waiver of co-insurance with the selection of panel counsel

• Coverage for directors, trustees, officers, other employees or volunteers

• Reputational harm coverage is available by endorsement

• Prior acts coverage available

• Punitive Damages may be included via endorsement where insurable by law

• Churches

• Museums

• Community Theater/Arts Programs

• Tutoring Services

• Catholic churches or Catholic-affiliated organizations

• Long term residential care

• International travel/student exchange students

• Spas/massage therapy

• Individual persons

• Most Illinois risks (individual submissions to be reviewed by NAS)

Abuse / Molestation

(Claims Made)

With the recent stream of allegations of abuse, general liability policies are starting to specifically exclude this coverage

at a time when companies may need it most. NAS’ abuse or molestation product offers coverage for the actual or

threatened abuse or molestation of clientele while in their care, custody or control. The coverage features simplified

underwriting for qualifying applicants as well as a streamlined application process that simplifies quoting and binding.

The applicant who meets the program qualifications can choose options from the rate card and request to bind.

Limits Available Up to $1,000,000 each claim/$1,000,000 aggregate

Minimum Premium $2,500* for $100,000/$300,000 Minimum Deductible $2,500* for $100,000/$300,000 Special Features

Eligible Classes

Ineligible Classes

Ineligible Territories

*May vary based on class and size of business

Brian Alva

Kareen Boyadjian

Vice President

Senior Underwriter

[email protected]

[email protected]

818.382.6103

818.382.6106

7

Allied Medical Miscellaneous Medical Malpractice

NAS’ Allied Medical Malpractice insurance offers some of the broadest coverage in the market. Limits for Professional

and General Liability are available up to $6 Million, as either primary or follow form excess. Unique features of the

facility include our e-MD® and MEDEFENSE® Plus endorsements. e-MD® provides cyber liability coverage for patient

notification and credit monitoring costs, network security and privacy, data recovery costs and media liability.

MEDEFENSE® Plus provides insureds with essential defense cost and fines and penalties coverage for allegations of

over-billing or HIPAA, EMTALA, and STARK violations. Sexual Misconduct coverage is also available by endorsement.

Limits Available Stand-alone Professional

$6,000,000 each claim / $6,000,000 aggregate

Combo – GL and Professional

$6,000,000 Professional Liability limit

$6,000,000 Commercial General Liability limit

$6,000,000 Products/Completed Operations limit

$6,000,000 Personal & Advertising Injury limit

$5,000 Medical Expense limit

$50,000 Fire Legal Liability limit

$8,000,000 aggregate all coverages

Follow form Excess Liability – GL and Professional


Minimum Premium $1,500

Minimum Deductible $0 Special Features

Brian Alva

Eric Isaacson

Rick Sforza

Vice President

Underwriter

Underwriter

[email protected]

[email protected]

[email protected]

818.382.6103

818.382.2030

818.479.4317

• Prior Acts coverage available

• Incident reporting

• Punitive Damages are covered, where insurable by law

• Sexual Misconduct/Molestation coverage available by endorsement

• Defense Outside the Limits is available by endorsement

• Up to $250,000 sub-limit for MEDEFENSE® Plus (includes HIPAA violations)

• Hired and Non-Owned Auto is available

• Up to $1M sub-limit for e-MD® Cyber Liability (includes data breach response)

• Reputational Harm and Evacuation Expense are available by endorsement

• Disciplinary Proceedings coverage available by endorsement

mailto:[email protected]

8

Allied Medical Miscellaneous Medical Malpractice

Eligible Classes

Ineligible Classes • Emergency rooms

• Emergency air transportation

• Emergency ground ambulance services

Ineligible Territories • Alaska

• Home Health Agencies

• Nurse Registries

• Medical Spas

• Physical Therapy Clinics

• Medical Testing Labs

• CRNA

• Dental Clinics

• Diagnostic Imaging and X-Ray Clinics

• Dialysis Centers

• Drug and Alcohol Rehab

• Drug Testing Labs

• Health and Fitness Centers

• Medical Clinics

• Mental Health Clinics

• Opticians and Optometrists

• Pharmacists

• Psychiatric Hospitals

• Surgi-Centers

9

• First Dollar Defense and Defense Outside the Limit available

• Prior Acts coverage is available

• Named Perils policy

• Interim CEO, CFO, President or Administrator

• Fiduciary Exposures

• Attorney Services

• Pharmaceutical Consulting

• Clinical Trials

• Mergers/Acquisitions

• Business Valuations

• Case Management

• Utilization Review

• Disease Management

Errors & Omissions for Healthcare Consultants (Claims Made)

NAS can cover most medical-related services for risks that fall outside of a medical malpractice policy due to a lack of

direct patient care. Healthcare consultant exposures include, but are not limited to:

• Expert Witness

• Workers Compensation Evaluation

• Medical Record Review

• Independent Medical Review

• Disability Evaluation

Limits Available Up to $1 Million / $3 Million or $2 Million / $2 Million

Up to $1,000,000 coverage available for e-MD® Cyber Liability

($25,000 cyber liability automatically included)


Minimum Deductible $5,000

Special Features

Ineligible Classes

Available on NAS ONLINE

Brian Alva

Josh Dizon

Vice President

Associate Underwriter

[email protected]

[email protected]

818.382.6103

818.479.4302

10

Long Term Care Facilities

Professional & General Liability

Long term residential care facilities need an innovative product that will provide the broadest coverage for their

exposures. These facilities are in more demand than ever as the ‘Baby Boomer’ generation enters retirement at a

record pace. NAS’ unique long term care coverage addresses the evolving risk surrounding these facilities with

enhanced coverage. While other carriers are limiting coverages for sexual abuse, elopement and bedsores, NAS

provides all of these coverages up to the limit. e-MD® and MEDEFENSE® Plus coverage are available by endorsement to

provide coverage to address the growing regulatory and patient data risks facing long-term care providers.

Limits Available Up to $1,000,000 each claim / $3,000,000 aggregate

Minimum Premium $1,000 (online - for facilities up to 6 Beds)

$2,500 (offline)

Minimum Deductible $1,000

Special Features

Eligible Classes

Available on NAS ONLINE Special rates available through NAS Online.

Contact Matthew Thoburn at [email protected] for details.

Matthew Thoburn

Brian Alva

Justin Sanches

Assistant Vice President

Vice President

Underwriter

[email protected]

[email protected]

[email protected]

818.382.6102

818.382.6103

818.479.4303

• Occurrence based general liability coverage is available

• $2 Million sexual abuse limits available when required by contract

• Defense costs outside the limit is available, up to the limit

• Evacuation expense up to $50,000

• First dollar defense coverage


• Up to $1,000,000 limit for e-MD® cyber liability (includes breach response costs)

• No bedsore nor elopement limitations

• $1,000,000/$1,000,000 limits of hired and non-owned auto coverage available

• Employee benefits liability coverage available by endorsement

• Independent living facilities

• Personal care

• Residential care /assisted living facilities

• Alzheimer’s/Dementia care

• Intermediate care facilities

• Congregate care facilities

• Skilled nursing facilities


11

MEDEFENSE® Plus

MEDEFENSE® Plus is a uniquely effective insurance solution for healthcare providers facing many challenges, including

those of Medicare and Medicaid billing audits and investigations. MEDEFENSE® Plus includes:

• Coverage for actual or alleged billing errors

o Reimbursement of defense costs, fines and penalties, and shadow audit expenses incurred in billing error

proceedings brought by federal or state governmental agencies, qui tam plaintiffs, contractors working on

behalf of the government, such as ZPIC and RAC, and commercial payers.

• Coverage for other medical regulatory violations

o Reimbursement of defense costs and fines and penalties incurred in HIPAA (Patient Privacy) Proceedings,

EMTALA (Emergency Medical Treatment and Active Labor Act) Proceedings, and STARK (Physician Self-

Referral) Proceedings.

• Broad policy language and free choice of counsel

• Payment for pre-approved shadow audits available

Limits Available Up to $1,000,000 each claim/$5,000,000 aggregate Minimum Premium $2,500 Minimum Deductible $1,725 Special Features

Eligible Classes • Physician groups

• Allied health facilities

• Hospitals

Ineligible Classes • Home healthcare agencies

• Ambulance service companies

• Durable medical providers


Brian Alva

Kareen Boyadjian

Vice President

Senior Underwriter

[email protected]

[email protected]

818.382.6103

818.382.6106

• Full prior acts coverage available

• Broad definition of billing errors

• Coverage for proceedings brought by governmental and commercial payers and

qui tam plaintiffs

• Up to $100,000 legal expense coverage available for disciplinary proceedings

brought by a state Medical Board may be available

• MEDEFENSE® Plus may be combined with e-MD® Cyber Liability coverage

• Long term care facilities

• Mental health facilities

• Solo physicians


12

Miscellaneous Errors & Omissions (Claims Made)

Miscellaneous E&O insurance provides coverage for damages and defense costs arising from a wrongful act in the

performance of or failure to perform insured services (professional duties). Anyone can make a mistake, fail to

complete a transaction, miss a deadline, or simply make a bookkeeping error. For this reason, even the most

conscientious professionals and companies become defendants in expensive and protracted legal battles. As a

professional in the service industry, you have E&O exposure and need to protect your assets.

Limits Available Up to $5,000,000 each claim/ $5,000,000 aggregate Minimum Premium $1,000 Minimum Deductible $1,000

Special Features

Eligible Classes Sampling of the classes we write on the next page

Ineligible Classes


Brian Alva

Vanessa Poma

Josh Dizon

Vice President

Underwriter

Associate Underwriter

[email protected]

[email protected]

[email protected]

818.382.6103

818.479.4304

818.479.4302

• Contingent BI/PD available for select classes

• Policy form provides personal and advertising injury coverage

• Coverage for regulatory exposures available


• Defense outside the limit is available

• First dollar defense available

• Claims made policy

• Duty to defend

• GL Available for select classes

• NetGuard® Plus (Cyber) included

• Architects and Engineers

• CPAs

• Lawyers

• Real estate sales

• Collection agents

• Home inspectors

13

Miscellaneous Errors & Omissions Eligible Classes

NAS offers unique programs for select classes of business enhanced to include more than just standard E&O coverage.

We use a simplified application/ binding process. Each program includes the NetGuard® Plus Cyber Liability

Enhancement for no additional premium.

This list is not all-inclusive, but is an example of some of the classes we can write: • Advertising Agencies

• Agricultural Consultants

• Alarm Monitoring

• Answering Services

• Arbitrators and Mediators

• Association Administrators

• Auctioneers

• Auto Dealers

• Back Office Services

• Billing Services

• Bookkeepers and Tax Preparers

• Claim Adjusters

• Clean-room Design

• Compliance Consultants

• Consultants

• Court Reporting/Stenography

• Disaster Recovery Services

• Emergency Response

• Employee Screening/Background Checks

• Employee Leasing/Human Resource Outsourcing

• Employment Agencies

• Environmental Consultants

• Event Planning

• Executive Coaches/Business and Personal Mentors

• Expert Witness Services

• Forensic Investigation

• Freight Forwarders

• Fulfillment Services

• Graphic Design

• Insurance Agents

• Insurance Inspection/Auditing

• Interior Designers

• Landscape Design

• Litigation Support Services

• Loss Control/Risk Management

• Market Research

• Medical Billing

• Medical Claims Management

• Meteorologists

• Mortuary and Funeral Services

• Notary Services

• Premium Finance Services

• Printers

• Process Servers

• Property Managers

• Public Relations Firms

• Records/Document Services

• Sprinkler/ Fire Suppression System Design

• Technical Help Centers

• Technical Writing

• Telemarketing

• Testing Laboratories

• Third Party Administrators

• Tour Operators/Travel Agents

• Translation Services

• Training and Certification Services

• Tutors

• Utilities Review Services

14

Non-Standard Physicians Professional Liability (Claims Made)

Non-Standard Professional Liability coverage is designed for physicians and surgeons who have had claims frequency or

severity issues, board actions or have been, or are currently on, probation.

Limits Available Up to $1,000,000 each claim / $3,000,000 aggregate


Minimum Deductible $2,500 for non-surgical specialties

$7,500 for surgical specialties

Special Features

Ineligible Classes

Ineligible States

Brian Alva

Matthew Thoburn

Vice President


[email protected]

[email protected]

818.382.6103

818.382.6102

• Defense in addition to the limits for an additional premium

• 1-year and 5-year ERP options

• Incident reporting

• Will consider groups up to five

• Limited prior acts coverage available

• Obstetrics

• Bariatric Surgeons

• Dentists

• Alaska

• Connecticut

• Kansas

• New York

• Pennsylvania

• West Virginia

• Wisconsin

• Clark County, NV

• Cook County, IL

15

Sexual Misconduct & Molestation Liability (Claims Made)

As companies and organizations are being required to carry limits of sexual misconduct and molestation insurance,

insurers specifically exclude these exposures. Sexual Misconduct and Molestation Insurance is an expansion of NAS’

abuse and molestation facility, designed to assist these entities in fulfilling their insurance needs. This standalone

product gives the named insured entity, its employees, including volunteers, part time, seasonal and temporary

employees, protection against allegations of sexual misconduct and molestation.


Minimum Premium $5,000 for up to a $1,000,000 limit

Minimum Deductible $5,000 for up to a $1,000,000 limit

Policy Highlights

Eligible Classes Include, but are not limited to, the following:

Ineligible Classes Catholic churches or Catholic-affiliated organizations, Long term residential care,

International travel/student exchange students, Spas/massage therapy

Available in All States

Brian Alva

Kareen Boyadjian

Vice President

Senior Underwriter

[email protected]

[email protected]

818.382.6103

818.382.6106

• Covers allegations of actual or alleged sexual abuse, molestation, mistreatment or

maltreatment; and negligent employment, investigation, supervision, training or

retention of, or failure to report to proper authorities, a person who committed

any act of abuse, molestation, mistreatment or maltreatment of a sexual nature.

• Duty to defend covered claims; duty to pay Loss the Insured is obligated to pay

• Limits and deductible apply per Victim


• Extended reporting period is available

• Broad definition of Insured Persons includes executive officers, directors, trustees,

employees, contractors, coaches and volunteers

• Tutoring companies

• Bus transportation

• Construction workers on

school/university campuses

• Janitors working on school campuses

• Engineering companies

• Cafeteria food service vendors

• Auto repair and tow truck companies

• Medical offices working on school

campuses

• Day Care operations

• Airport Transportation

• Non-Emergency Medical Transport

• Healthcare Facilities



16

Social Services Professional & General Liability (Claims Made)

Beyond traditional medical malpractice insurance, NAS offers expanded PL/GL coverage to meet the growing needs of

personal, family, and communal services organizations.

Limits Available Stand-alone Professional


Combo – GL and Professional

$6,000,000 Professional Liability limit

$6,000,000 Commercial General Liability limit

$6,000,000 Products/Completed Operations limit

$6,000,000 Personal & Advertising Injury limit

$5,000 Medical Expense limit

$50,000 Fire Legal Liability limit

$8,000,000 aggregate all coverages

Follow form Excess Liability – GL and Professional



Minimum Deductible $0 Special Features

Brian Alva

Matthew Thoburn

Justin Sanches

Vice President


Underwriter

[email protected]

[email protected]

[email protected]

818.382.6103

818.382.6102

818.479.4303

• Occurrence GL is available

• Sexual misconduct up to a $1,000,000/$3,000,000 limit

• $2,000,000 sexual abuse limit available when required by contract

• Hired and Non-owned Auto coverage available up to $1,000,000 limit

• Evacuation Expense

• Defense outside the limits is available by endorsement

• First dollar defense coverage


• Up to $1,000,000 Limit for e-MD® cyber liability (includes breach response costs)

• Reputational Harm Coverage

• Disciplinary Proceedings Coverage

• Extended reporting period is available

• Sub-limits of MEDEFENSE® Plus and e-MD® provide coverage beyond standard

Professional and General Liability insurance to address the growing regulatory and

patient data risks facing human services organizations.



17

Social Services Professional & General Liability (Claims Made)

Eligible Classes

Ineligible Classes

Ineligible Territories

• Inpatient Mental Health & Substance Abuse/Rehabilitation Facilities

• Transitional Living Facilities (Homeless Shelters, Halfway Houses, etc.)

• Group Homes for the Developmentally Disabled

• Methadone Clinics

• Adult Day Care & Sheltered Workshops

• Meals on Wheels

• Outpatient Mental Health Counseling (Family, Behavioral, Substance Abuse, etc.)

• Psychiatrists

• Employee Assistance Programs

• Referral Agencies

• Respite Care

• Crisis Hotlines

• Day Schools for the Developmentally Disabled

• Foster care exposures

• Adoption agencies

• Juvenile detention centers

• Alaska

• Florida (Dade/Palm & Broward Counties)

• West Virginia

18

Tenant Discrimination Insurance (Claims Made)

NAS’s coverage provides the insured and its directors, officers, trustees, partners, shareholders, and other employees

with defense expense and loss reimbursement from administrative charges and lawsuits brought by current,

prospective and former tenants alleging discrimination.

Exposures ADA and Fair Employment and Housing Act

Limits Available $100,000 to $1,000,000 Minimum Premium $1,000 Minimum SIR $5,000 Key Features

Special Features

Eligible Classes

Ineligible Classes

Brian Alva

Vanessa Poma

Vice President

Underwriter

[email protected]

[email protected]

818.382.6103

818.479.4304

• Schedule of properties not required

• Coverage extends to retail, office and industrial properties

• Coverage available nationwide

• One year extended reporting period available

• Additional locations can be added midterm

• Full prior acts coverage for most risks

• No co-insurance

• Insured has free choice of counsel

• No charge to add locations mid-term

• Can be combined with E&O for select classes

• Property owners can add coverage for property managers

• Property managers can add coverage for property owners

• Coverage for charges instituted by HUD, including charges alleging ADA violations

• Protects against claims brought by current, former and prospective tenants

• Coverage for legal expenses and loss including settlements

• Residential property managers and/or owners (apartments/other residential properties)

• Commercial property managers and/or owners (retail, office and industrial spaces)

• Mobile homes

• Religious facilities

• Banks

• Government agencies

• Hotels

• Motels

• Community or association



19

20

21

Cyber Liability Insurance

Cyber Innovation, Leadership and Expertise for 20+ Years

NAS has been at the forefront of cyber liability insurance for over twenty years, having led the development of privacy protection insurance in the healthcare industry. Today, we insure thousands of companies and our in-house claims experts handle hundreds of cyber incidents each year across a range of financial services, retail, hospitality, educational, and governmental organizations. NAS offers cyber liability solutions for a broad range of businesses. Our e-MD™ Cyber Liability is custom-tailored for healthcare organizations. Our NetGuard Plus™ provides comprehensive coverage for businesses in every sector. The following pages provide a summary of our cyber liabiity insurance solutions including:

Insurance Coverage

Cyber Risk Management

Breach Response & Claims Handling

Risk Scenarios NetGuard™ Plus and our e-MD™ Cyber programs are comprised of 8 core components:

Network Security & Privacy Insurance – Covers third party claims arising out of a breach of the insured’s Network

Security or other private information. Includes coverage for both online and offline information, virus attacks,

denial of service, and failure to prevent transmission of malicious code.

Privacy Breach Response Costs – Includes all reasonable legal, public relations, advertising, IT forensic, call

center, credit monitoring, identity theft restoration and postage expenses incurred by the insured in response to

a privacy breach.

BrandGuard™ - Coverage for lost revenue as a result of a cyber breach and the resulting customer notification or

adverse media.

Network Asset Protection (including Non-physical Business Interruption) – Coverage for all reasonable and

necessary sums required to recover and/or replace data that is compromised, damaged, lost, erased or

corrupted. Coverage also includes business interruption and extra expense coverage for income loss as a result

of the total or partial interruption of the insured’s computer system.

Regulatory Defense & Penalties – Coverage for defense costs and fines/penalties for violations of privacy

regulations, including, but not limited to, HIPAA, Red Flags Rule, and the Hi-Tech Act.

Multimedia Insurance – Coverage for both online and offline media, including claims alleging

copyright/trademark infringement, libel/slander, plagiarism, and personal injury.

Cyber Extortion - Will pay extortion expenses and extortion monies as a direct result of a credible cyber extortion

threat.

Cyber Terrorism - Coverage for income loss and interruption expenses as a result of the total or partial

interruption of the insured’s computer system due to a cyber terrorism attack.

BrandGuard™ from NAS Insurance gives you breach response, plus coverage for a loss in profits during recovery. Calculate the direct costs of IT forensic investigations, patient notification, the legal expenses and government fines. Then add in the indirect costs of losing customers, a damaged reputation and a hit to profitability. If your insurance only handles the breach, you’re not getting full cyber coverage. BrandGuard™ protects your profits while you restore your business and your reputation.

22

23

Incident preparedness, response and business restoration

24

NAS CyberNET: Support and Risk Management

25

26

Cyber Liability - NetGuard® Plus

NAS offers a comprehensive suite of data security and privacy insurance solutions that are custom-tailored for your

business. Unlike other cyber policies, NAS’ NetGuard® Plus Cyber Liability provides a range of coverage options with

flexibility to fit your clients' unique needs, including:


Minimum Premium $750

Minimum Deductible $500

Eligible Classes Classes but not limited to:


Jared Hopkins

Mike Karbassi

Ari Giller

Jordan Rankell

Tina Porcelli Levine



Senior Underwriter

Senior Underwriter

Underwriter

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

404.991.8989

617.342.7416

818.382.6107

818.479.4305

818.479.4301

• BrandGuard® coverage for reputational harm due to attacks from a cyber breach - now included up to the policy limit

on most quotes

• Dependent Business Interruption coverage for business interruption losses in the event that the insured’s cloud

provider or web host goes down and expenses are incurred as a result of such outages

• Unknown prior acts coverage is available for covered cyber incidents occurring any time prior to the inception date of

the policy

• Unlimited Premium Access to NAS’ CyberNET Risk Management Website

• Full limits on Privacy Breach Response, Voluntary Notification and Network Asset Protection.

• Privacy Breach Response Costs Outside the limit are also available.

• New cutting edge policy language that includes a broad trigger for Network Asset Protection, including system failure

and negligence

• Choice of breach response vendors and attorneys (with prior NAS approval)

• Option for a per-identity breach response limit, in addition to the typical dollar limit available from most carriers.

• Acts committed by rogue employees are covered, as well as privacy claims from employees

• Broad Cyber Crime coverage that includes coverage for financial fraud, telecommunications fraud, phishing attack and

fraudulent wire transfer requests

• Physician Groups


• Hospitals



• Utilities

• Staffing

• Associations

• Financial





27

Cyber Self-Raters

NAS’ Cyber Liability Program self-raters are simplified applications with easy to look up charts that provide annual

premiums for cyber liability coverage based on a specific class of business.

Classes that meet the program qualifications can simply complete our cyber liability program self-rater and send it in

with a bind request. Below is a list of cyber liability self-raters we have available.

Cyber liability program self-raters include:

• Securities Brokers & Dealers

• Accountants and CPAs

• Lawyers


• Auto Dealers

• Restaurants

• General Contractors

• Pharmacies

• Property Managers & HOAs

• Schools (grades K-12)

If you have another class of business for which you need a custom solution, let us know and we’ll build a complete

program.

28

e-MD® Healthcare Cyber Liability

e-MD®, the cyber liability insurance solution for healthcare providers, offers a comprehensive suite of data security and

privacy insurance solutions that are custom-tailored for the unique needs of healthcare businesses.

Our core cyber liability coverage components include:

Limits Available Up to $10,000,000 each claim / $10,000,000 aggregate Minimum Premium $990 Minimum Deductible $2,500 Eligible Classes Include any healthcare entity, such as the following: Available on NAS ONLINE

Brian Alva

Kareen Boyadjian

Vice President

Senior Underwriter

[email protected]

[email protected]

818.382.6103

818.382.6106

Security & Privacy Liability – Coverage of 3rd party claims for damages due to exposure of online and offline information,

virus attacks, denial of service and failure to prevent transmission of malicious code. Also extends coverage for defense

costs and fines/penalties for violations of privacy regulations including, but not limited to HIPAA, Red Flag Rules and the new

Hi-Tech Act.

Privacy Breach Responses Costs, Notification Expenses, Breach Support and Credit Monitoring Expenses – Includes all

reasonable legal, public relations, advertising, IT forensic, call center, credit monitoring and postage expenses incurred by

the insured for a privacy breach response.

Network Asset Protection – Coverage for all reasonable and necessary sums required to recover and/or replace data that is

compromised, damaged, lost, erased or corrupted. Coverage also includes business interruption and extra expense

coverage for income loss as a result of the total or partial interruption of the insured’s computer system.

BrandGuard® – Provides coverage for a loss in profits as a result of negative press or customer notification resulting from a

data breach.

Multimedia Liability - Coverage for both online and offline media, including claims alleging copyright/trademark

infringement, libel/slander and personal injury.

Cyber Extortion – Will pay extortion expenses and extortion monies as a direct result of a credible cyber extortion threat.

Cyber Terrorism – Coverage for income loss and interruption expenses as a result of the total or partial interruption of the

insured’s computer system due to a cyber terrorism attack.

Privacy Regulatory Defense and Penalties - Coverage for defense costs and fines/penalties for violations of privacy

regulations including, but not limited to, HIPAA, Red Flags Rule and the Hi-Tech Act.

Cyber Crime – Broad Cyber Crime coverage that includes coverage for Financial Fraud, Telecommunications Fraud, and

Phishing Attack and fraudulent wire transfer requests

Dependent Business Interruption (DBI) - Coverage offers reimbursement for lost revenue incurred as a result of a third party

vendor’s system being down.

• Physician Groups


• Hospitals

• Home healthcare agencies

• Ambulance service companies

• Durable medical providers



• Solo physicians


29

Technology E&O - TechGuard® (Claims Made and Reported Basis)

In today’s increasingly digitized world, technology companies need an innovative insurance product that provides the

broadest coverage for their complex and constantly evolving exposures. NAS’ TechGuard® product is our most

expansive tech policy to date and is designed to be the one stop shop for a tech company’s E&O insurance needs.

Furthermore, our program is backed by Lloyd’s of London — an A rated (excellent) company by AM Best — so you won’t

have to worry about the protection being there when you need it the most.

Coverage Component Options Include:

Technology Errors & Omissions Insurance – Coverage for third party claims alleging a financial loss as a result of an

error or omission committed by the insured in the provision of Technology Services. Featuring a broad open-ended

definition of Technology Services. Coverage for unintentional breach of contract is included.

Security & Privacy Liability – Includes coverage for both online and offline information, virus attacks, denial of service

and failure to prevent transmission of malicious code. Also extends coverage for defense costs and fines & penalties

for violations of privacy regulations including but not limited to HIPAA, Red Flag Rules and the new Hi-Tech Act.

Multimedia Liability – Coverage for both online and offline media. Includes claims alleging copyright/ trademark

infringement, libel/slander, advertising, false advertising, plagiarism and personal injury. Coverage for unintentional

breach of contract is included.

Privacy Breach Responses Costs, Notification Expenses, Breach Support and Credit Monitoring Expenses – Includes

all reasonable legal, public relations, advertising, IT forensic, call center, credit monitoring and postage expenses

incurred by the insured for a privacy breach response.

BrandGuard® – Provides additional coverage to bridge a short-term drop in revenue as a result of negative press or

customer notification resulting from a data breach.

Dependent Business Interruption (DBI) – Coverage offers reimbursement for lost revenue incurred as a result of a

third party vendor’s system being down.

Network Asset Protection – Coverage for all reasonable and necessary sums required to recover and/or replace data

that is compromised, damaged, lost, erased or corrupted. Coverage also includes business interruption and extra

expense coverage for income loss as a result of the total or partial interruption of the insured’s computer system.

Includes coverage for cyber terrorism.

Cyber Extortion – Will pay extortion expenses and extortion monies as a direct result of a credible cyber extortion

threat.

Eligible Classes Classes but not limited to:

• Application Service Providers

• Technology Consulting

• Tech Hardware Manufacturers

• Telecommunication Services

• Software Development

• Network Design, Analysis & Testing

• Web Hosting

• Internet Service Providers

• Tech Project Management

• Online Marketing & Advertising

• Data Processing & Management

• Technology Staffing Companies

30

Technology E&O – TechGuard® Policy Highlights

NAS offers a comprehensive suite of data security and privacy insurance solutions that are custom-tailored for your business. Unlike other cyber policies, NAS’ cyber liability provides a range of coverage options with flexibility to fit your clients’ unique needs, including:

Worldwide coverage – claims can be brought outside of the U.S.

Full Limits are available for Regulatory Defense of a privacy claim

Property Damage exclusion does not include electronic data

Final Adjudication language for Defense for allegations of fraud or intentional wrongdoing

Broad definition of technology services – “including but not limited to” language

Acts committed by rogue employees are covered, as are claims from employees against the insured for breach of

privacy

Defense Outside the Limits and First Dollar Defense enhancements are now available

Unintentional Breach of Contract claims are covered for Technology E&O

Full prior acts coverage available

Extended Reporting Period is available up to 3 years, but additional coverage may be available upon request.

Enhanced BrandGuard® coverage

Dependent Business Interruption coverage offers reimbursement for lost revenue incurred as a result of a third party

vendor’s system being down

Limits Available Up to $10,000,000 each claim/ $10,000,000 aggregate


Minimum Retention $1,000 per claim

Available in All States

Jared Hopkins

Mike Karbassi

Jordan Rankell

Ari Giller

Tina Porcelli Levine



Senior Underwriter

Senior Underwriter

Underwriter

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

404.991.8989

617.342.7416

818.479.4305

818.382.6107

818.479.4301




31

NAS Insurance

Company Directory

EXECUTIVE

Edward Robin Chairman [email protected] 818.808.4488

Richard Robin Chief Executive Officer [email protected] 818.808.4477

David Lloyd Chief Operating Officer [email protected] 818.808.4466

MARKETING

Jeremy Barnett Senior Vice President [email protected] 818.382.6116

UNDERWRITING

SPECIALTY INSURANCE

Michael Palotay Senior Vice President [email protected] 818.808.4476

Brian Alva Vice President [email protected] 818.382.6103

Anita Bryant Assistant Vice President [email protected] 818.808.4474

Matthew Thoburn Assistant Vice President, Social Services & LTC

[email protected] 818.382.6102

Kareen Boyadjian Senior Underwriter [email protected] 818.382.6106

Gil Cujcuj Underwriter [email protected]

818.808.4479

TECH & CYBER SOLUTIONS

Michael Palotay Senior Vice President [email protected] 818.808.4476

Mike Karbassi Assistant Vice President, Northeast Regional Manager


Jared Hopkins Assistant Vice President, Southeast Regional Manager


Desiree Khoury Assistant Vice President [email protected]

818.808.4465

Jordan Rankell Senior Underwriter [email protected] 818.479.4305

Ari Giller Senior Underwriter [email protected] 818.382.6107

CLAIMS

Natalie Kelly Senior Vice President, Claims [email protected] 818.382.2030 x497

Kari Stern Claims Manager [email protected] 818.808.4485

Tamara Ashjian Claims Manager [email protected] 818.479.4342

32

16501 Ventura Blvd., Suite 200

Encino, CA 91436

818.382.2030

www.nasinsurance.com

CA Lic. #0677191

Documents

SPECIALTY MADE SIMPLE · 2016-09-21 · Welcome to the newest edition of the NAS Specialty Insurance Product Catalog for 2016! As our team continues to grow and our business expands,