Allianz Insurance has released a new cyber proposition that provides mid-corporate businesses with comprehensive cover and access to prevention support and incident response services.
Cyber Select offers customers the option of selectable limits and can be purchased as a standalone product, or packaged with property and casualty covers.
Businesses will be insured against liabilities stemming from a cyber attack, including costs and lost income, plus forensic IT and legal support in the event of an actual or suspected breach. Cyber Select also provides access to a 24/7 incident response helpline, specialist claims team and free risk management support.
The new proposition includes business interruption cover, protection against privacy and confidentiality breaches, and coverage of data breach response costs.
Access to a panel of experts provides businesses with information to help reduce the likelihood of a breach occurring. This includes complimentary access to BitSight, a security rating provider that can give insights into the cyber security performance and vulnerabilities of a business.
Catherine Dixon, commercial underwriting director Allianz…
