Hiscox London Market launches new cyber cover

Clear, simple, responsive

We listened to customers and in response, we built Cyber Threat Protect. A policy wording that offers comprehensive protection in a format that is simple to understand; no more problems with overlapping cover.

Exclusive to Lloyd’s brokers

With a line size of up to US$25m and a minimum premium of US$25,000, Cyber Threat Protect is available through Lloyd’s for a wide range of industry sectors.

A simple solution to a complex risk

With Cyber Threat Protect your client can quickly identify the comprehensive nature of an insurance product that responds to system security failure, data breach or an extortion threat.

Key Benefits

  • A single insuring agreement - easy to understand and to navigate
  • Broad policy trigger for data breach - no debate over ‘how’, ‘who’ or data format
  • Cover for voluntary notification of a data breach - your client can opt to do what is right for them
  • Flexible approach to privacy counsel - your client can elect to use their own counsel or choose from Hiscox panel counsel
  • Full policy limits (other than PCI assessments and penalties) – promotes clarity and certainty for your client; facilitating the construction of excess towers

 

For more details on Cyber Threat Protect go to hiscoxlondonmarket.com/cyber, speak to your usual Hiscox contact, or contact Marcus Breese on 020 7448 6265 or [email protected].


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