CNA's Electronic Data Processing (EDP) coverage insures your computer systems in the event of a direct physical loss of electronic data processing equipment, if a power surge or brown-out, computer virus or other covered incident occurs. Downtime is costly to a financial institution and many policies require extra coverage and charges to insure computer hardware and software. EDP coverage insures storage locations, hard drives, control systems and more — and will even cover disposal of toxic computer equipment if need be. We also offer additional related coverages to further customize your policy. Among others, you can choose from Communication and Power Disturbance, Newly Acquired Hardware and Software or Restoration of Data — on and off premises.
Our team of underwriters and risk control professionals are here to help you identify and manage your electronic risk exposures. And if damage to your computer systems occurs, our highly experienced claim professionals are dedicated to managing your claim to a timely resolution.