Thursday, May 15, 2025

Political Risk Cyber Endorsement

 

 

Text Box: Political Risk Cyber Endorsement

 

Text Box: (for use with Political Risk/Political Violence Package Business)

 

 

1.      In respect of [Covered Cause of Loss {insert} Political Violence and War] only, this policy does not cover loss, damage, liability or expense directly or indirectly caused by or contributed to by or arising from the use or operation, as a means for inflicting harm, of any Computer System. This exclusion shall not operate to exclude losses (which would otherwise be covered) arising from the use of any Computer System in the launch and/or guidance system and/or firing mechanism of any weapon or missile.

2.      With the exception of loss, damage, liability or expense excluded by the paragraph above, the indemnity otherwise recoverable hereunder in respect of a [Covered Cause of Loss (as defined in the Policy to which this endorsement is attached)] shall not be prejudiced if it results from a Cyber Act or a Cyber Incident, subject to all of the terms, conditions, warranties and exclusions of this Policy.

 

 

Definitions

 

 

3.      Cyber Act means an unauthorised, malicious or criminal act or series of related unauthorised, malicious or criminal acts, regardless of time and place, or the threat or hoax thereof involving access to, processing of, use of or operation of any Computer System.

4.      Cyber Incident means:

4.1     any error or omission or series of related errors or omissions involving access to, processing of, use of or operation of any Computer System; or

4.2     any partial or total unavailability or failure or series of related partial or total unavailability or failures to access, process, use or operate any Computer System.

5.      Computer System means any computer, hardware, software, communications system, electronic device (including, but not limited to, smart phone, laptop, tablet, wearable device), server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input, output, data storage device, networking equipment or back up facility, owned or operated by the Insured or any other party.

 

 

 

 

 

LMA5427B

15 June 2021

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