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Legal and Professional Services <br /> <br />Blue Technologies Smart Solutions LLC, Confidential <br /> Page 7 of 10 <br />electronic information. The policy shall provide coverage for breach <br />response costs, regulatory fines and penalties as well as credit <br />monitoring expenses. <br />4. Technology Professional Liability Errors and Omissions <br />Insurance appropriate to the BTSS’s profession and work <br />hereunder, with limits not less than $2,000,000 per <br />occurrence. Coverage shall be sufficiently broad to respond to <br />the duties and obligations as is undertaken by BTSS in this <br />agreement and shall include, but not be limited to, claims <br />involving security breach, system failure, data recovery, <br />business interruption, cyber extortion, infringement of <br />intellectual property, including but not limited to infringement <br />of copyright, trademark, trade dress, invasion of privacy <br />violations, information theft, damage to or destruction of <br />electronic information, release of private information, and <br />alteration of electronic information. The policy shall provide <br />coverage for breach response costs, regulatory fines and <br />penalties as well as credit monitoring expenses. <br />a. The Policy shall include, or be endorsed to include, <br />property damage liability coverage for damage to, <br />alteration of, loss of, or destruction of electronic <br />data and/or information “property” of the City in <br />the care, custody, or control of BTSS . If not covered <br />under the BTSS’s liability policy, such “property” <br />coverage of the Agency may be endorsed onto the <br />BTSS’s Cyber Liability Policy as covered property as <br />follows: <br />If BTSS maintains broader coverage and/or higher limits than the <br />minimums shown above, the City requires and shall be entitled to the <br />broader coverage and/or the higher limits maintained by BTSS. Any <br />available insurance proceeds in excess of the specified minimum <br />limits of insurance and coverage shall be available to the City. <br />Other Insurance Provisions <br />The insurance policies are to contain, or be endorsed to contain, the following <br />provisions: <br />Additional Insured Status <br />The City, its officers, officials, employees, and volunteers are to be <br />covered as additional insureds on the CGL policy with respect to <br />liability arising out of work or operations performed by or on behalf of