What it was
CY 00 11 was the Information Security Protection cyber form for financial institutions. In the 2020 revision it was withdrawn, its coverages were incorporated into the new ISP form, and financial institutions may be written on CY 00 03.
Status
In ISO's 2020 cyber multistate program revision, Verisk introduced a new Commercial Cyber Insurance Policy form and a new Information Security Protection Cyber Policy form that replaced all prior base coverage forms of the ISO Cyber program, together with new manual rules, loss costs and rating plan. The new forms carry the 11 21 edition (CY 00 02 11 21 and CY 00 03 11 21).
Agents may still see this form on older policies or in prior-carrier documents. New ISO-based cyber policies use CY 00 02 (Commercial Cyber Insurance Policy) or CY 00 03 (Information Security Protection Cyber Policy).
Quoting and selling notes
- When replacing a policy written on this form, compare insuring agreements, sublimits and the retroactive date with the replacement form.
- Ask the incumbent carrier whether it has moved to the 11 21 forms.
