cyber coverages News

Main Street America Launches Commercial Lines Cyber Risk Coverage

The Main Street America Group has launched a cyber risk protection offering designed for “Main Street” businesses in 19 states across the country. The coverage, available through Main Street America’s Main Line Business Owners Policy (Main Line BOP), is currently …

AIG Enhances Cybersecurity Services for Cyber Risk Management Program

American International Group has formed new partnerships with cybersecurity experts to expand the risk mitigation and prevention services it offers cyber insurance clients. The partnerships include: K2 Intelligence, BitSight Technologies, RSA, and Axio Global. Services from these partners complement AIG’s …

Marsh Launches Catastrophic Cyber Policy For Large Companies

Marsh, a global insurance broker, risk manager and a wholly owned subsidiary of Marsh & McLennan Cos., has launched a new cyber insurance policy that provides catastrophic protection for large companies seeking to better manage the growing threat of a …

Allianz Launches Cyber Crime Coverage for Canadian Companies

Industrial insurance specialist Allianz Global Corporate & Specialty (AGCS) has launched Allianz Cyber Protect in Canada, a suite of coverages with capacity to protect a company in the event of a data loss or a cyber-security incident. Allianz Cyber Protect …

Insurers in Dash for Expertise to Master Cyber Risk Insurance

Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check. High profile cases of hackers seizing sensitive customer data from …

Liberty Mutual Adds Cyber Coverages to Small Business BOP Policies

Liberty Mutual Insurance is now offering its small business customers data compromise and CyberOne endorsements for its BOP product available on the company’s eCLIQ policy administration platform. The data compromise endorsement carries an annual aggregate limit of $50,000 and is …