ACE Expands Privacy Protection for Policyholders in Canada

New Expanded Data Breach Fund Sidecar Endorsement Option Provides a Single Fund Outside of Policy Limits

Toronto, ON (Nov. 11, 2014) – ACE Group has announced a ground-breaking option for ACE Privacy Protection policyholders in Canada. The new Data Breach Fund Sidecar Endorsement provides a single data breach fund limit, one that falls outside the policy’s liability limits for all data breach expenses.

The ACE Data Breach Team is a panel of independent legal, computer forensic, notification, call center, crisis communications, fraud consultation, credit monitoring, and identity restoration firms. For the first time, policyholders in Canada can obtain both the ACE Data Breach Team and a single data breach expense limit, separate from the policy’s liability limit — an option that is unequaled in the marketplace.

“ACE recognizes that small and mid-size organizations have a need for a robust post-breach response, and the ACE Data Breach Team is especially qualified to address these needs. Through our experienced Canadian data breach coach, Fasken Martineau DuMoulin LLP, and the superb vendors on our team, ACE offers clients industry-focused expertise when confidential or proprietary information is lost or compromised,” said Bobbie Goldie, Vice President, ACE Professional Risk, ACE Canada.

Data Breach Team Endorsement enhancements

Enhancements include:

  • Coverage for Regulatory Communications, including:
    • Payment for legal services to communicate with a regulator before a formal investigation.
    • Coverage for access to the Data Breach Coach or another law firm on the Data Breach Team panel.
    • Self-insured retention for a Regulatory Proceeding, which is eroded by Regulatory Communications coverage.
  • Forensics coverage, which now responds to any failure to protect Personal Information, and is no longer limited to network security failures.

Data Breach Fund Sidecar Endorsement benefits

The new Data Breach Fund Sidecar Endorsement benefits include:

  • Expanded coverage for insureds with less than $1 billion in annual sales revenue.
  • Data Breach Fund Sidecar limit outside of the standard policy limits.
  • Sidecar limit intact, even when standard policy limits have been exhausted.
  • No retention for Data Breach Coach expenses.
  • All of the benefits already provided by the Data Breach Team Endorsement, including expenses incurred to retain services for: the Data Breach Coach, forensics, complying with Privacy Regulations, Regulatory Communications, legal services, notification services (statutory and voluntary), call center services, public relations, credit monitoring, identity monitoring, and fraud consultation.

ACE’s Data Breach Fund Sidecar Endorsement offers the expanded coverage and services needed to help small and mid-sized organizations mitigate and manage the rising risk and expense of data breaches, creating a comprehensive risk management program for privacy, data breach, and network security risk.

ACE Professional Risk is staffed by a specialized team of innovative underwriters and provides management liability and professional liability products throughout Canada.

Product highlights are summaries only; please see the actual policy for terms and conditions. Products may not be available in all locations and remain subject to ACE Professional Risk’s underwriting criteria. ACE shall not be a party to any agreement entered into between any Data Breach Team service provider and an ACE policyholder. It is understood that Data Breach Team service providers are independent contractors and are not agents of ACE. ACE assumes no liability arising out of any services rendered by a Data Breach Team service provider.

About ACE in Canada

ACE in Canada, which is part of ACE Group, operates as ACE INA Insurance and ACE INA Life Insurance, subsidiaries of ACE Limited (NYSE:ACE). ACE provides commercial property and casualty and life, accident and health insurance products and services throughout Canada. For more information about ACE and its range of professional risk products and services, please visit

About ACE Group

ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. ACE Limited, the parent company of ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at