Swiss Re Corporate Solutions expands its cyber offering with the launch of CyberSolutions UK, a market-specific, primary insurance product.
This cyber risk protection solution “provides tailored coverage to mid-sized and large companies, enabling them to defend themselves against increasingly sophisticated cyber attacks,” said the company in a statement.
CyberSolutions UK combines comprehensive insurance with risk mitigation and remediation services, the company said, noting that the product helps companies become more resilient by managing their exposure to cyber risks.
“As British companies become more aware of cyber threats, they want more advanced insurance offerings,” says Marc Davis, Swiss Re Corporate Solutions’ head for the UK, Ireland, the Middle East and North Africa. “Through our collaboration with recognized experts, CyberSolutions UK provides market-leading, integrated cyber protection.”
The product’s preventive services, provided by IBM, include cyber security training and optional annual IT security testing, noted the company.
CyberSolutions UK provides clients access to a dedicated data-breach response network available 24 hours a day, 7 days a week.
The team comprises Swiss Re Corporate Solutions’ legal, forensics and communications partners. In the event of a cyber attack, the network interacts seamlessly with Swiss Re Corporate Solutions’ claims team.
In addition to CyberSolutions UK primary solution, Swiss Re Corporate Solutions said it will continue to offer excess coverage.
Source: Swiss Re Corporate Solutions
Topics Cyber New Markets
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