Declarations-_Tech_e_o-_primary.pdf

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Master Agreement AZ|CTR063562
Contract number
CTR063562
Issued by
Arizona

About this file

This document is a Premier Professional Liability and Network Risk Insurance Policy issued by Endurance American Specialty Insurance Company, a surplus lines insurer operating under Florida's Surplus Lines Law. The policy is for Geographic Solutions, Inc., located in Palm Harbor, Florida, with Socius Insurance Services, Inc. of Tampa serving as the producer. The policy was issued on June 07, 2022, with a policy period from May 25, 2022 to May 25, 2023.

The policy provides comprehensive cyber and professional liability coverage with a $5,000,000 maximum aggregate limit of liability. Coverage includes third-party protections such as Technology Services Liability, Media Liability, and Privacy and Network Security Liability, as well as first-party coverages like Privacy and Network Security Breach Costs, Business Interruption Loss, and Cyber Extortion Threat. The policy has a $50,000 retention for most coverage areas and maintains a retroactive date of 05/25/2008 for several insuring agreements. The total premium for this policy is $88,820, and it includes additional benefits such as a $5,000,000 PCI Fines and Penalties Limit and a $50,000 Reward Payments Limit.

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Policy Issuance Date: June 07, 2022 Endurance American Specialty Insurance Company Policy Issuance Office: Alpharetta, GA SPP 1001 0119

PREMIER PROFESSIONAL LIABILITY AND NETWORK RISK INSURANCE POLICY

DECLARATIONS

THIS INSURANCE IS ISSUED PURSUANT TO THE FLORIDA SURPLUS LINES LAW. PERSONS INSURED BY SURPLUS LINES CARRIERS DO NOT HAVE THE PROTECTION OF THE FLORIDA INSURANCE GUARANTY

ACT TO THE EXTENT OF ANY RIGHT OF RECOVERY FOR THE OBLIGATION OF AN INSOLVENT

UNLICENSED INSURER.

SURPLUS LINES INSURERS' POLICY RATES AND FORMS ARE NOT APPROVED BY ANY FLORIDA

REGULATORY AGENCY

CERTAIN INSURING AGREEMENTS OF THIS POLICY PROVIDE COVERAGE ON A CLAIMS-MADE BASIS.

EXCEPT AS OTHERWISE PROVIDED HEREIN, THIS POLICY COVERS ONLY CLAIMS FIRST MADE AGAINST THE INSUREDS DURING THE POLICY PERIOD OR THE EXTENDED REPORTING PERIOD, IF APPLICABLE.

THE LIMITS OF LIABILITY AVAILABLE TO PAY JUDGMENTS OR SETTLEMENTS SHALL BE REDUCED AND

MAY BE EXHAUSTED BY CLAIM EXPENSES. PLEASE READ THIS POLICY CAREFULLY.

POLICY NUMBER: PRO10011187905

PRIOR POLICY NUMBER: PRO10011187904

INSURER: Endurance American Specialty Insurance Company

Item 1. Named Insured: Geographic Solutions, Inc.

Address: 1001 Omaha Circle

Palm Harbor, FL 34683

Item 2. Policy Period: From: May 25, 2022 To: May 25, 2023 (Both dates at 12:01 AM at the address of the Named Insured)

Item 3. Coverage Schedule:

Third-Party Coverage Each Claim

Limit Insuring Agreement

Aggregate Limit Retention

Retroactive Date

A. Professional Services Liability

Not Applicable Not Applicable Not Applicable Not Applicable

B. Technology Services Liability

$5,000,000 $5,000,000 $50,000 05/25/2008

C. Media Liability $5,000,000 $5,000,000 $50,000 05/25/2008 D. Privacy and Network

Security Liability $5,000,000 $5,000,000 $50,000 Full Prior Acts

First-Party Coverage Each Cyber Event Limit

Insuring Agreement Aggregate Limit

Retention

E. Privacy and Network Security Breach Costs

$5,000,000 $5,000,000 $50,000

F. Direct Business Interruption Loss

$5,000,000 $5,000,000 $50,000

G. Contingent Business Interruption Loss

$5,000,000 $5,000,000 $50,000

H. Digital Asset Loss $5,000,000 $5,000,000 $50,000

First-Party Coverage Each Cyber Event Limit

Insuring Agreement Aggregate Limit

Retention

I.I. Cyber Extortion Threat $5,000,000 $5,000,000 $50,000

If no Limit is specified for an Insuring Agreement, then no coverage is provided for that Insuring Agreement.

Item 4. PCI Fines and Penalties Limit: $5,000,000

Item 5. Reward Payments Limit: $50,000

Item 6. Maximum Aggregate Limit of Liability: $5,000,000

Item 7. Continuity Date: 05/25/2017

Item 8. Waiting Period:

A. Direct Business Interruption Loss: 12 Hours

B. Contingent Business Interruption Loss: 12 Hours

Item 9. Optional Extended Reporting Period:

Not Applicable

Item 10. Professional Services:

Not Applicable

Item 11. Total Premium: $88,820

Item 12. Producer: Socius Insurance Services, Inc.

Address: 1408 N. Westshore Blvd Suite 550 Tampa, FL 33607

Item 13. Notice:

A. Claims, Circumstances, Cyber Events, and Proof of Loss:

Sompo Pro Attn: Claims Department 1221 Avenue of The Americas New York, NY 10020 Insuranceclaims@sompo-intl.com 1-877-676-7575

B. Breach Assist Hotline: (844) 347-7077

C. All Other Notices: Sompo Pro Attn: Professional Lines Underwriting Department 1221 Avenue of The Americas New York, NY 10020

Item 14. Forms and Endorsements Effective at Inception:

See attached Forms and Endorsements Schedule.

denise.dabato Text Box

NOTE: SEE ENCLOSED NOTICE FOR SURPLUS LINES NOTIFICATION

This Policy shall constitute the contract between the Insureds and the Insurer.

The Insurer hereby causes this Policy to be signed on the Declarations page by a duly authorized representative of the Insurer.

June 07, 2022

Authorized Representative Date

File details come from the government source that posted it. Updated .