Excess Protect

• Excess Employers’ Liability
• Excess Public Liability
• Excess Products Liability
•  Excess Commercial Motor (third party property damage)

If claims losses erode the aggregate limit on any of its underlying policies, Excess Protect will automatically attach to the reduced aggregate limit. If losses completely exhaust an underlying aggregate limit, Excess Protect will replace the primary policy for that aggregate limit (Subject to Limit of indemnity, General Definitions, General Exclusions General Claims Conditions and General Provisions.)

If a primary insurer applies proportional reduction to a claim because of an accidental breach of duty of Fair Presentation, then Excess Protect may still attach at the agreed attachment point. This means that Excess Protect would pay the portion of the loss that would have exceeded the primary limit had it not been reduced.

Excess Protect also includes coverage for Public Relations consultancy services including advice and strategy for internal communications to staff and external communications (e.g., to customers, regulators and other stakeholders) up to a value of £100,000.  This is designed to help the minimise reputational damage of an event which could potentially give rise to a claim under the policy.

Excess Protect provides affirmative cover for physical Bodily Injury and tangible Property Damage involving a cyber event or incident.  For the avoidance of doubt, liability for any data is excluded, so there is transparency that the policy will not respond in the event of a data breach that could lead to legal liability claims in respect of the General Data Protection Regulation (GDPR) and the Data Protection Act 2018.