Specialist insurer Beazley has rolled out an affirmative cyber insurance policy aimed at strengthening defences aboard luxury yachts.
Launched today, the Cyber Defence for Superyachts policy provides the following:
- Affirmative service-led product to cover physical or threatened damage of the vessel
- Additional cover for loss of use of vessel and, by endorsement, cover for extortion
- Defined cyber event peril, including malicious and non-malicious events, but excluding crew negligence
- Service limits for temporary replacement yacht, emergency accommodation, privacy crises response
- Post-bind risk assessment preparation services
- Post-event 24-hour response services, including forensic investigation and restitution
- $25 million (approximately £18 million) aggregate policy limit
- Crew training provided in partnership with Warsash Maritime School, part…
