International Marine Underwriters Now Offering Cyber Coverage

News Release

October 3, 2018

PLYMOUTH, Minn. (October 3, 2018) – International Marine Underwriters (IMU), a member of OneBeacon Insurance Group, has expanded its product offering with information risk coverage to address a broad range of cyber incidents including data breach, threat of intrusion or interference with computer systems, damage to data and systems from cyber-attack and cyber-related litigation. Coverage is available as an endorsement to an existing IMU marine policy, including yacht club, marina and commercial marine package and certain hull and protection & indemnity policies.

“We’re pleased to bring this new product to our customers” said Bob Gallagher, President of International Marine Underwriters. “While cyber threat in the marine industry is still an emerging risk, today’s digital environment and network dependence will increase the need for such protection and will become integral coverage for many of our customers.”

IMU’s cyber coverage includes first-party and third-party liability coverage for threats including data compromise response expenses; computer attack; cyber extortion; data compromise liability; network security liability; and electronic media liability. Additionally, customers will have access to cyber-specific resources and services through eRiskHub®, an online risk management portal designed to help customers prepare and respond quickly and effectively to data breach and cyber-attacks.

For more information on International Marine Underwriters’ cyber coverage and other products and services, visit imu.com.

About International Marine Underwriters: International Marine Underwriters traces its roots to the early 1900s, and offers a full range of ocean marine insurance solutions across the U.S. and Canada. Ocean marine products include, but are not limited to, commercial hull and marine liabilities at both the primary and excess levels; ocean and air cargo with coverage extensions such as inland transit, warehousing and processing; yachts; and several marine package products with comprehensive property, auto and liability coverage.

About OneBeacon: OneBeacon Insurance Group Holdings, Ltd. (“OneBeacon”) is a subsidiary of Intact Financial Corporation (TSX: IFC). OneBeacon’s underwriting companies offer a range of specialty insurance products sold through independent agencies, regional and national brokers, wholesalers and managing general agencies. Each business is managed by an experienced team of specialty insurance professionals focused on a specific customer group or industry segment, and providing distinct products and tailored coverages and services. OneBeacon’s solutions target group accident and health; commercial surety; entertainment; environmental; excess property; financial institutions; financial services; healthcare; inland marine; management liability; ocean marine; public entities; technology; and tuition refund. For further information about our products and services visit: onebeacon.com and to remain up to date on OneBeacon’s news, follow us on Twitter @OneBeaconIns or visit our online newsroom: onebeacon.com/newsroom. For information about Intact Financial Corporation visit: intactfc.com.

Intact Insurance Specialty Solutions is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC. Coverages may be underwritten by one of the following insurance companies: Atlantic Specialty Insurance Company, a New York insurer; Homeland Insurance Company of New York, a New York insurer; Homeland Insurance Company of Delaware, a Delaware insurer; OBI America Insurance Company, a Pennsylvania insurer; OBI National Insurance Company, a Pennsylvania insurer; or The Guarantee Company of North America USA, a Michigan insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441, except The Guarantee Company of North America USA, which is located at One Towne Square, Southfield, MI 48076. This material is intended as a general description of certain types of insurance coverages and services. Coverages and availability vary by state; exclusions and deductibles may apply. Please refer to your insurance policy or consult with your independent insurance advisor for information about coverages, terms and conditions. Some coverage may be written by a surplus lines insurer through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.