Why choose CGU’s Multimedia Liability Policy?CGU’s Multimedia Liability Policy aims to protect organisations in the media, marketing and advertising industries with respect to civil liability claims arising from the provision of Multimedia Services. Such civil liability claims can include breaches of duty, defamation, breach of copyright, false attribution of authorship (and other infringements of intellectual property), invasion of privacy or improper disclosure of sensitive private facts, false or wrongful arrest, detention or imprisonment. See the CGU Multimedia Liability Policy wording for a full list of the civil liability claims covered by the Policy.

Litigation against organisations in the media, marketing and advertising industries can arise from the provision of any of the following types of Multimedia Services:

a) publishing, broadcasting, communication, distribution and/or dissemination of content;

b) researching, investigating, acquiring, preparing, compiling, producing and/or editing of content;

c) licensing, syndication, serialisation, distribution, sale or lease of content, by or with the written permission of a multimedia organisation.

A key component of cover in the CGU’s Multimedia Liability Policy is cover for defamation actions. Such actions in particular can be extremely costly, complicated and difficult to defend with substantial damages being awarded against organisations in the media and advertising industries. The litigation involved in defamation actions is often lengthy and disruptive to the operation of a business and can potentially put at risk the assets and reputation of organisations, and individuals (e.g. partners, directors and/or employees) within those organisations.

This is where CGU’s Multimedia Liability Policy is designed to step in to cover a media or multimedia organisation and its staff against the incurring of such legal and financial liabilities.

CGU’s Multimedia Liability Policy also includes covering the legal and other costs and expenses incurred in the preparation, investigating, defending and or settling of any matter covered by the Policy.

Policy features that ensure extensive coverageFollowing is a list of the cover plus the standard and optional extensions within the Policy which highlight the extensive coverage provided by the CGU Multimedia Liability Policy:

• Section 3 – The Cover We Provide – Claims for Civil Liability to any third party which is

incurred in the provision of Multimedia Services – Claim investigation costs

• Section 4 – Policy Extensions

Standard Extensions – Advancement of Claims Investigation Costs – Enquiries Cover – Continuous Cover – Court Attendance Costs – Lost Documents not otherwise covered by the

Policy ($250,000 sub-limit) – Compensatory Civil Penalties cover ($250,000 sub-

limit) – Run–off Cover until the expiry date of the Policy – Public Relations Cover ($50,000 sub-limit) – Extended notification period (30 days) – Vicarious liability for agents or consultants – Vicarious liability for Employees (social media

accounts) ($250,000 sub-limit) – Malicious Prosecution allegations – Withdrawal of Content ($100,000 sub-limit) – Confidential External Source – Hold Harmless Agreements – Reinstatement of the Policy Limit – All of the above sub-limits are subject to 1

reinstatement (excluding Optional Extensions)

Optional Extensions

à Employment Practices Liability cover

à Fidelity cover

CGU MULTIMEDIA LIABILITY INSURANCE POLICY

CGU.COM.AU

PRR0107 REV1 08/17

Who is covered by the policy?• Section 5 – Who is Covered

– The Policyholder – Employees (which includes volunteer workers,

students and contractors under the Policyholder’s direction, control and supervision)

– Principal’s Previous Business – Prior Corporate Entities – Merged and/or newly acquired subsidiaries – Former subsidiaries (run-off cover)

Other key Policy features and information

Other key Policy features• Worldwide Territorial Limits

• Worldwide excluding USA and Canada Jurisdictional Limits

Our Capacity• Policy limits up to $30,000,000

Target Market

Entities in the media, multimedia, marketing and advertising industries regardless of the medium they operate in, e.g. print, electronic, digital, social media or other communication technologies.

About Us

CGU has the knowledge and expertise to offer a comprehensive range of commercial insurance for a variety of business types and sizes.

With policies across business, property, liability, workers compensation, farm insurance and professional risks, we ensure business owners have the confidence to grow their business.

CGU is one of Australia’s leading professional risks insurers for over 27 years. Currently CGU Professional Risks insures approximately 42,000 Australian businesses or individuals and over the past 27 years we have:

• underwritten over $1.5 billion in premium; and

• managed over 42,000 claims for our policy holders

Looking for more information?

For further information on CGU’s Multimedia Liability Insurance Policy, please visit: www.cgu.com.au

The above description of the cover provided by the CGU Multimedia Liability Insurance Policy is a summary only. The cover described is subject to specific terms, conditions and exclusions specified in the Policy and subject to underwriting terms and acceptance criteria.

CGU MML 04-15 Policy Brochure

Insurer Insurance Australia Limited ABN 11 000 016 722 AFSL 227681 trading as CGU Insurance.