United Methodist Insurance Adds Cyber Liability Protection
Tuesday, November 21, 2017
United Methodist Insurance Now Includes Cyber Liability Protection in Church Policies
Nashville, TN – The Federal Trade Commission reports that if you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a data breach at Equifax that lasted from mid-May through July, 2017. Hackers into the Equifax database were able to access sensitive information stored by Equifax.
To continue its ministry of protecting United Methodist properties, the Board of Directors of United Methodist Insurance announced that it added Cyber Liability Protection to its policies on October 1, 2017.
Cyber Liability Protection shields the insured from liability associated with data and privacy breaches of their systems. Churches keep personal information on their membership and finances and having Cyber Liability coverage can help the church respond to a breach, once a claim is made.
This enhanced coverage has been added automatically to all United Methodist churches insured through UMI as another benefit to being protected by the denominational insurer. Mike Plesko, President and CEO of UMI said, “United Methodist Insurance has as its goal to protect United Methodist properties from a broad spectrum of situations. Offering Cyber Liability Protection is the latest way we do that. I am pleased we can bring this much-needed coverage to our customers.”
For additional information about UMI’s ministry of protecting people and property of The United Methodist Church, contact Sid Gray, Vice President and Treasurer of United Methodist Insurance, firstname.lastname@example.org or 800-293-3525.
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United Methodist Insurance is a non-profit captive insurance company started by the General Council on Finance and Administration (GCFA) of The United Methodist Church. As more churches join UMI, UMI is able to broaden its coverages and the territories it insures, and it also stabilizes the premiums offered to churches. In addition, the more churches that are insured by UMI, the more efficient UMI becomes, which can reduce premiums.