AmWINS reveals new cyber and media liability solution for political candidates

AmWINS Group has unveiled a new product designed to meet the needs of political candidates and political action committees (PACs).

The new insurance solution combines cyber and media liability coverage, which is written on a manuscript policy form. A release said that the product can be customized to meet the specific needs of an individual candidate’s campaign.

Risks that the new product can cover include:

• Written or spoken public communications that result in being sued for defamation, invasion of privacy, plagiarism or other related claims
   
• Handling of donors’ personal and payment information

An amendatory endorsement can also be added to the coverage solution to protect against Federal Election Commission (FEC) fines and penalties – an AmWINS exclusive feature.

AmWINS Brokerage of Pennsylvania professional lines specialist Holden McKinney explained that the new solution was designed following the 2016 election; AmWINS has anticipated greater enforcement and regulation from the FEC, particularly when it comes to cyber security.

“Our exclusive amendatory endorsement protecting against FEC fines and penalties helps candidates and PACs reduce their exposure to the numerous and evolving risks related to their cyber and media activities,” McKinney added.

AmWINS has partnered with an “A”-rated carrier to offer the new cyber & media liability solution, which is available nationwide.