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34 <br />c.the reasons why you believe that this incident could give rise to a claim under this <br />Policy; <br />d.the identity of the potential claimant; and <br />e.an indication as to the size of the claim that could result from this incident. <br />In respect of INSURING CLAUSE 2, if you discover a cyber event you may only incur costs <br />without our prior written consent within the first 72 hours following the discovery and any <br />third party costs incurred must be with a company forming part of the approved claims panel <br />providers. All other costs may only be incurred with the prior written consent of the claims <br />managers (which will not be unreasonably withheld). <br />2.Additional insureds <br />We will indemnify any third party as an additional insured under this Policy, but only in <br />respect of sums which they become legally obliged to pay (including liability for claimants' <br />costs and expenses) as a result of a claim arising solely out of an act committed by you, <br />provided that: <br />a.you contracted in writing to indemnify the third party for the claim prior to it first <br />being made against them; and <br />b.had the claim been made against you, then you would be entitled to indemnity under <br />this Policy. <br />Before we indemnify any additional insured they must: <br />a.prove to us that the claim arose solely out of an act committed by you; and <br />b.fully comply with CONDITION 1 as if they were you. <br />Where we indemnify a third party as an additional insured under this Policy, this Policy will be <br />primary and non-contributory to the third party's own insurance, but only if you and the third <br />party have entered into a contract that contains a provision requiring this. <br />Where a third party is treated as an additional insured as a result of this Condition, any claim <br />made by that third party against you will be treated by us as if they were a third party and not <br />as an insured. <br />3.Agreement to pay claims (duty to defend) <br />We have the right and duty to take control of and conduct in your name the investigation, <br />settlement or defense of any claim. We will not have any duty to pay costs and expenses for <br />any part of a claim that is not covered by this Policy. <br />You may ask the claims managers to consider appointing your own lawyer to defend the <br />claim on your behalf and the claims managers may grant your request if they consider your <br />lawyer is suitably qualified by experience, taking into account the subject matter of the claim, <br />and the cost to provide a defense. <br />CFC Underwriting Limited is Authorized and Regulated by the Financial Conduct Authority <br /> <br />Professions v3.2 <br />©1999-2021 CFC Underwriting Ltd, All Rights Reserved <br /> <br />