AmWINS Group, Inc. (“AmWINS”), a global distributor of specialty insurance products and services, has launched an innovative insurance solution comprised of Cyber and Media Liability tailored specifically to the needs of political candidates and political action committees (PACs).
Whether a candidate is running for office at the local, state or national level, he or she will face similar risks and exposures, including:
• Federal Election Commission (FEC) violations resulting in fines and penalties
• 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
This product is written on a manuscript policy form and can be customized to meet the unique needs of an individual candidate’s campaign. Exclusively through AmWINS, an amendatory endorsement can be added to the coverage solution to protect against FEC fines and penalties.
“As a result of the 2016 election, we anticipate greater enforcement and regulation from the FEC in regard to cyber security,” said Holden McKinney, professional lines specialist at AmWINS Brokerage of Pennsylvania. “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.”
AmWINS has partnered with an A-rated carrier to offer this product, which is available nationally.
For more information about the AmWINS Cyber and Media Liability solution for political candidates and PACs, contact David Lewison at 212.858.8975 or david.lewison@amwins.com.
About AmWINS Group, Inc.
AmWINS Group, Inc. is the largest independent wholesale distributor of specialty insurance products in the United States, dedicated to serving retail insurance agents by providing property and casualty products, specialty group benefit products and administrative services. Based in Charlotte, N.C., the company operates through more than 115 offices globally and handles premium placements in excess of $15.3 billion dollars annually. To learn more, visit www.amwins.com.